Baltcap, officially known as Baltcap Private Equity, is a prominent investment firm headquartered in Estonia (EE), with a strong presence across the Baltic region and Central and Eastern Europe. Founded in 1995, Baltcap has established itself as a leader in private equity and venture capital, focusing on growth investments in various sectors, including technology, healthcare, and renewable energy. The firm is renowned for its unique approach to value creation, leveraging deep industry expertise and a robust network to support portfolio companies. Notable achievements include successful exits and a reputation for fostering innovation and sustainable growth. With a commitment to driving economic development, Baltcap continues to solidify its market position as a trusted partner for entrepreneurs and investors alike.
How does Baltcap'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 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.
Baltcap's score of 19 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Baltcap reported total carbon emissions of approximately 144,700 kg CO2e. This figure includes 58,000 kg CO2e from Scope 1 emissions, primarily attributed to mobile combustion, and 86,000 kg CO2e from Scope 3 emissions, predominantly from business travel. In comparison, the previous year, 2022, saw total emissions of about 146,000 kg CO2e, with Scope 1 emissions at 52,000 kg CO2e and Scope 3 emissions at 93,000 kg CO2e. Notably, in 2021, Baltcap's total emissions were around 117,000 kg CO2e, indicating a significant increase in emissions over the subsequent years. Despite these figures, Baltcap has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not inherit emissions data from any parent organisation, and all reported data is directly from AS BaltCap. Overall, while Baltcap's emissions have fluctuated, the lack of defined climate commitments or reduction strategies highlights an area for potential improvement in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 25,000 | 00,000 | 00,000 |
| Scope 2 | - | - | - |
| Scope 3 | 76,000 | 00,000 | 00,000 |
Baltcap's Scope 3 emissions, which decreased by 8% last year and increased by approximately 13% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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.
Baltcap has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

