Axcel Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Axcel's score of 30 is lower 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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Axcel's reported carbon emissions
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 location-based Scope 2 total of 31,000 kg CO2e. The significant majority of emissions stem from Scope 3, highlighting the 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 totalling 21,000 kg CO2e (location-based). The data indicates a substantial reliance on Scope 3 emissions, which often represent the largest share for financial institutions. Axcel Management 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 are currently no long-term net-zero commitments in place. Overall, Axcel's climate commitments reflect a proactive approach to managing carbon emissions, particularly through their investment strategies, while continuing to assess and report on their emissions across all relevant scopes.
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| 2022 | 2024 | |
|---|---|---|
| Scope 1 | - | 00,000 |
| Scope 2 | 11,000 | 00,000 |
| Scope 3 | 537,854,000 | 000,000,000 |
How Carbon Intensive is Axcel's Industry?
How Carbon Intensive is Axcel's Location?
Axcel's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Axcel has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Warburg Pincus
Hellman & Friedman LLC
Frequently Asked Questions
Common questions about Axcel's sustainability data and climate commitments