Zalaris

Zalaris's reported carbon emissions

Zalaris, headquartered in Norway and operating in financial intermediation services, is committed to ambitious climate action. For the reporting year 2024, the company reported a total of approximately 2.05 million kg CO2e. This total encompasses Scope 1 emissions of approximately 172,940 kg CO2e, Scope 2 emissions (market-based) of approximately 847,330 kg CO2e, and Scope 3 emissions of approximately 1.03 million kg CO2e. Within Scope 3, business travel accounted for approximately 518,520 kg CO2e, and employee commute for approximately 475,330 kg CO2e. Zalaris has established a comprehensive set of climate targets aligned with the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. As part of its near-term goals, Zalaris is committed to reducing absolute Scope 1 and 2 GHG emissions by 58.8% by 2034, using 2024 as the base year. Furthermore, Zalaris has set a target to reduce absolute Scope 3 GHG emissions by 35.0% by 2034, also from a 2024 baseline. Looking further ahead, Zalaris commits to a significant long-term reduction of 90.0% for both Scope 1 and 2 emissions by 2050, and an equally ambitious 90.0% reduction in Scope 3 emissions within the same timeframe. The company also plans to increase its sourcing of renewable electricity from 35.0% in 2024 to 100.0% by 2030. Emissions data for previous years include: in 2023, Scope 2 emissions were approximately 105,750 kg CO2e and Scope 3 business travel emissions were approximately 300,000 kg CO2e; in 2022, Scope 2 purchased electricity emissions were approximately 44,000 kg CO2e and Scope 3 business travel emissions were approximately 189,000 kg CO2e; and in 2019, Scope 3 business travel emissions were approximately 402,000 kg CO2e.