Swedish Match AB, commonly referred to as Swedish Match, is a prominent player in the tobacco products industry, headquartered in Stockholm, Sweden (SE). Founded in 1915, the company has evolved significantly, focusing on innovative tobacco and nicotine products, including snus, chewing tobacco, and modern oral nicotine pouches.
With a strong presence in Scandinavia and North America, Swedish Match has established itself as a leader in the smokeless tobacco segment. The company is renowned for its commitment to quality and sustainability, offering unique products that cater to changing consumer preferences. Notable achievements include its successful transition towards reduced-risk products, positioning Swedish Match as a forward-thinking entity in the tobacco landscape.
+1 vs industry average
Swedish Match’s score of 51 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Tobacco Products has below-average carbon intensity
Industry performance
The Tobacco Products industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Swedish Match's reported carbon emissions
Swedish Match, a tobacco products company headquartered in SE, has established significant climate commitments. The company aims to reduce greenhouse gas (GHG) emissions by 75% by 2050, using 2017 as a baseline year, with a commitment to a 4% annual reduction. Shorter-term targets include a 12% reduction by 2020 and a 41% reduction by 2030.
In terms of emissions data, for the reporting year 2024, Swedish Match reported Scope 1 emissions of approximately 288,574,000 kg CO2e and Scope 2 emissions of about 68,561,000 kg CO2e, totalling approximately 357,135,000 kg CO2e for Scopes 1 and 2. For 2023, Scope 1 emissions were approximately 305,382,000 kg CO2e and Scope 2 emissions were approximately 50,006,000 kg CO2e, totalling around 355,388,000 kg CO2e. In 2022, Scope 1 emissions were approximately 310,028,000 kg CO2e and Scope 2 emissions were around 62,802,000 kg CO2e, for a combined total of approximately 372,830,000 kg CO2e.
For 2021, Swedish Match reported total emissions of approximately 209,454,000 kg CO2e, with Scope 3 emissions accounting for approximately 174,184,000 kg CO2e and Scope 1 and 2 emissions totalling approximately 35,271,000 kg CO2e. In 2020, total emissions were approximately 202,387,000 kg CO2e, consisting of approximately 171,462,000 kg CO2e in Scope 3 and about 30,925,000 kg CO2e in Scopes 1 and 2.
Scope 3 emissions data is not consistently reported across all years. However, for 2018, Scope 1 was approximately 9,434,000 kg CO2e, Scope 2 was about 21,744,000 kg CO2e, and Scope 3 was approximately 168,132,000 kg CO2e. In 2017, Scope 1 emissions were around 10,082,000 kg CO2e, Scope 2 was approximately 20,632,000 kg CO2e, and Scope 3 was about 167,764,000 kg CO2e. For 2016, Scope 1 was approximately 10,860,000 kg CO2e, Scope 2 was about 20,061,000 kg CO2e, and Scope 3 was approximately 182,215,000 kg CO2e, with total emissions around 213,137,000 kg CO2e.
Swedish Match's climate targets are established with a 2017 baseline year. The company has committed to Science Based Targets (SBTi) and is working towards reducing absolute scope 1, 2, and 3 GHG emissions by 41% by 2030 and 75% by 2050. These targets are considered consistent with reductions required to keep warming to "Well-below 2°C".
It is important to note that Swedish Match is a current subsidiary and its emissions and reduction targets are cascaded from Swedish Match AB (publ). Certain SBTi targets related to Scope 1, 2, and 3 emissions are cascaded from Philip Morris International Inc. at a cascade level of 2.
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Swedish Match’s Climate Goals (2030 & 2050)
4 goals2030
41% reduction in all scopes
Tobacco company Swedish Match commits to reduce absolute scope 1, 2 and 3 GHG emissions 41 % by 2030 and 75 % by 2050 from a 2017 base year.
2030
41% reduction in scope 3 total
Tobacco company Swedish Match commits to reduce absolute scope 1, 2 and 3 GHG emissions 41 % by 2030 and 75 % by 2050 from a 2017 base year.
2030
41% reduction in Scope 1
Tobacco company Swedish Match commits to reduce absolute scope 1, 2 and 3 GHG emissions 41 % by 2030 and 75 % by 2050 from a 2017 base year.
See all 4 climate goals
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Swedish Match
Frequently asked questions
Common questions about Swedish Match’s sustainability data and climate commitments
Data year: 2024
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