Svca Sustainability Profile
Svca, officially known as the Swedish Venture Capital Association, is headquartered in Sweden (SE) and operates primarily within the Nordic region. Founded in 1985, Svca has established itself as a pivotal player in the venture capital industry, advocating for the interests of its members and promoting the growth of the venture capital ecosystem. The association focuses on key areas such as investment promotion, industry networking, and policy advocacy, providing invaluable resources to venture capital firms and startups alike. Svca's unique position as a representative body allows it to influence industry standards and practices, fostering innovation and entrepreneurship across Sweden and beyond. With a commitment to enhancing the venture capital landscape, Svca has achieved notable milestones, including the establishment of various initiatives aimed at increasing investment in emerging technologies and sustainable businesses. Its reputation as a trusted authority in the industry solidifies its market position and underscores its dedication to supporting the growth of the venture capital community.
DitchCarbon Score
How does Svca's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Svca's score of 23 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Svca's reported carbon emissions
In 2023, Svca reported carbon emissions of approximately 1,591,000 kg CO2e, exclusively from Scope 2 emissions. There is no available data for Scope 1 or Scope 3 emissions for this year. In 2022, Svca disclosed an emissions intensity of 0.00065 tCO2e per million SEK in net sales for Scope 1, although no absolute emissions figures were provided. Currently, Svca has not set any specific reduction targets or climate pledges, and there are no initiatives reported under the Science Based Targets initiative (SBTi) or other climate frameworks. The emissions data is not cascaded from any parent organization, indicating that Svca operates independently in its reporting. As a member of the Swedish private equity sector, Svca is positioned within an industry increasingly focused on sustainability and climate commitments, yet it has yet to establish formal reduction initiatives or targets.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 1,591,000 |
| Scope 3 | - |
How Carbon Intensive is Svca's Industry?
How Carbon Intensive is Svca's Location?
Svca's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Svca has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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