Swedish Match

Swedish Match's reported carbon emissions

Swedish Match, a company within the tobacco products industry headquartered in SE, has established comprehensive climate commitments. The company aims to reduce greenhouse gas (GHG) emissions by 75% by 2050, using 2017 as a base year. This includes a commitment to a 4% annual reduction in GHG emissions until 2050, with interim targets of a 12% reduction by 2020 and a 41% reduction by 2030. These targets encompass Scopes 1, 2, and 3 emissions across its value chain. The company's most recent reported Scope 1 and 2 emissions data are from 2025, with Scope 1 emissions totalling approximately 266,639,000 kg CO2e and Scope 2 (market-based) emissions at about 34,673,000 kg CO2e. In 2024, Scope 1 emissions were approximately 288,574,000 kg CO2e and Scope 2 (total) emissions were approximately 68,561,000 kg CO2e. For 2023, Scope 1 emissions were approximately 305,382,000 kg CO2e and Scope 2 (total) emissions were approximately 50,006,000 kg CO2e. Looking at earlier years, Scope 1 and 2 emissions for 2022 were approximately 372,830,000 kg CO2e. In 2021, total emissions were reported as approximately 209,454,000 kg CO2e, with Scope 3 emissions accounting for approximately 174,184,000 kg CO2e and Scope 1 and 2 emissions at approximately 35,271,000 kg CO2e. In 2020, total emissions were approximately 202,387,000 kg CO2e, comprising Scope 3 emissions of about 171,462,000 kg CO2e and Scope 1 and 2 emissions of approximately 30,925,000 kg CO2e. Scope 1 and 2 emissions for 2019 totalled approximately 588,756,000 kg CO2e. In 2018, Scope 1 emissions were approximately 9,434,000 kg CO2e, Scope 2 emissions were approximately 21,744,000 kg CO2e, and Scope 3 emissions were approximately 168,132,000 kg CO2e. For 2017, Scope 1 emissions were about 10,082,000 kg CO2e, Scope 2 emissions were approximately 20,632,000 kg CO2e, and Scope 3 emissions were approximately 167,764,000 kg CO2e. In 2016, total emissions were approximately 213,137,000 kg CO2e, including Scope 1 emissions of about 10,860,000 kg CO2e, Scope 2 emissions of approximately 20,061,000 kg CO2e, and Scope 3 emissions of about 182,215,000 kg CO2e. For 2015, Scope 1 emissions were approximately 11,998,000 kg CO2e, Scope 2 emissions were approximately 19,917,000 kg CO2e, and Scope 3 emissions were approximately 208,018,000 kg CO2e. Prior to 2016, reporting varied, with Scope 1 and 2 emissions for 2014 totalling approximately 33,102,000 kg CO2e. In 2011, Scope 1 and 2 emissions were approximately 39,602,000 kg CO2e. Data for 2010 also shows Scope 1 and 2 emissions of approximately 38,517,000 kg CO2e. In 2009, Scope 1 and 2 emissions were approximately 37,060,000 kg CO2e. Scope 1 emissions for 2008 were approximately 38,000,000 kg CO2e, and for 2007 were approximately 40,000,000 kg CO2e. No emissions data is available for 2006. Swedish Match's climate targets have been validated by the Science Based Targets initiative (SBTi), confirming their commitment to reduce absolute GHG emissions by 41% by 2030 and 75% by 2050 from a 2017 base year. This aligns with keeping warming to "Well-below 2°C". The company's data reporting appears to be inherited from its corporate family, with SBTi targets cascaded from the ultimate parent through a corporate family relationship. Specifically, the SBTi targets are cascaded from Philip Morris International Inc. at cascade level 2.