Sustainability Report and Carbon Intensity Rankings

Is Axcel doing their part?

Their DitchCarbon score is 51

Axcel has a DitchCarbon Score of 51, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon they emit relative to their output. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low




Very high

Axcel, a company in the finance sector, has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low




Very high

Axcel, located in Denmark, benefits from the country’s very low carbon intensity, indicating strong sustainability efforts. The company’s location in a region with a low carbon footprint supports its environmental performance.

...this company is doing 0.17% better in emissions than the industry average.

Axcel is a prominent private equity firm based in Copenhagen, Denmark, established in 1994. Specializing in the finance sector, the company targets mid-market companies in the Nordic region, offering investment and acquisition services. With five funds raised and a committed capital of approximately DKK 13.5 billion, Axcel has a robust portfolio of investments and a significant presence in the industry.

Good news, Axcel has set ambitious SBTi climate commitments

Axcel has established Science Based Targets initiative (SBTi) commitments to significantly reduce its greenhouse gas emissions from both direct operations and purchased energy. These targets align with the ambitious goal of limiting global temperature rise to 1.5°C above pre-industrial levels.

There’s always room for improvement,

DitchCarbon recommends...

Axcel should foster sustainability practices throughout their supply chain to achieve a significant reduction in their Scope 3 emissions, potentially decreasing their total emissions by 35%.

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.