Axcel, officially known as Axcel Management, is a prominent private equity firm headquartered in Denmark (DK). Established in 1994, the company has built a strong reputation across the Nordic region, focusing on investments in mid-sized companies within various industries, including technology, healthcare, and consumer goods. With a commitment to fostering growth and innovation, Axcel offers a unique blend of strategic guidance and operational expertise, helping portfolio companies achieve their full potential. The firm has successfully completed numerous investments and exits, solidifying its position as a leader in the private equity landscape. Notable achievements include a diverse portfolio that showcases Axcel's ability to drive value and create sustainable businesses in an ever-evolving market.
How does Axcel'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.
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.
Axcel's score of 45 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Axcel, headquartered in Denmark (DK), reported total carbon emissions of approximately 744,836,000 kg CO2e across all scopes. This includes 11,000 kg CO2e from Scope 1 emissions and 18,000 kg CO2e from market-based Scope 2 emissions, with a higher total of 31,000 kg CO2e from location-based Scope 2 emissions. The significant majority of emissions stem from Scope 3, indicating extensive indirect emissions associated with their operations. In 2022, Axcel's emissions were recorded at about 537,854,000 kg CO2e for Scope 3, with Scope 1 emissions at zero and Scope 2 emissions ranging from 11,000 kg CO2e (market-based) to 21,000 kg CO2e (location-based). The data reflects a growing awareness and reporting of emissions, particularly in Scope 3, which is often the most challenging to manage. Axcel Management A/S has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C. These targets encompass 100% of their total investment and lending activities as of 2020, covering emissions from both Scope 1 and Scope 2. However, there is currently no commitment to net-zero emissions or a specified net-zero year. Overall, Axcel's emissions data and climate commitments highlight a proactive approach to managing carbon emissions, particularly through their investment strategies, while also indicating areas for further improvement in emissions reduction across all scopes.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | - | 000,000 | 000,000 | 000,000 |
Scope 2 | - | 0,000,000 | 000,000 | 000,000 |
Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Axcel is participating in some of the initiatives that 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.