Swedfund
Swedfund International AB, commonly known as Swedfund, is a prominent development finance institution headquartered in Sweden (SE). Established in 1979, Swedfund focuses on sustainable investments in emerging markets, primarily across Africa, Asia, and Latin America. The organisation plays a vital role in the development finance industry, providing capital and expertise to foster economic growth and reduce poverty. Specialising in equity investments, loans, and guarantees, Swedfund is dedicated to supporting businesses that promote sustainable development and social impact. Its unique approach combines financial returns with a commitment to environmental, social, and governance (ESG) principles. Over the years, Swedfund has achieved significant milestones, positioning itself as a leader in responsible investment, and has garnered recognition for its contributions to sustainable development goals (SDGs).
DitchCarbon Score
How does Swedfund'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 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
Swedfund's score of 16 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Swedfund's reported carbon emissions
In 2023, Swedfund reported total carbon emissions of approximately 828,900 kg CO2e. This figure includes 200 kg CO2e from Scope 1 emissions, 4,200 kg CO2e from Scope 2 emissions, and a significant 824,500 kg CO2e from Scope 3 emissions. Over the years, Swedfund has shown fluctuations in its emissions. In 2022, total emissions were about 597,400 kg CO2e, while in 2021, they were approximately 51,900 kg CO2e. The highest recorded emissions were in 2018, with a total of 777,900 kg CO2e. Notably, the Scope 3 emissions have consistently represented the largest portion of their total emissions, indicating a substantial impact from indirect activities, particularly in business travel. Despite these figures, Swedfund has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for emissions reductions. Their climate commitments remain unspecified, suggesting a need for clearer strategies to address their carbon footprint in the future.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 300 | 000 | 000 | 000 | 000 | 000 |
| Scope 2 | 3,500 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 3 | 774,100 | 000,000 | 000,000 | 00,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Swedfund is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
