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Fortnox AB, widely recognised as Fortnox, is a leading Swedish technology company headquartered in Växjö. Founded in 1998, it operates within the computer and related services industry, specialising in advanced cloud-based business software for streamlined financial administration.
Fortnox offers a comprehensive suite of digital tools designed for small and medium-sized enterprises (SMEs) across Sweden. Key services include online accounting, invoicing solutions, payroll management, and CRM, all integrated within a user-friendly, cloud-based platform. This empowers businesses to manage operations efficiently and digitally.
As Sweden's premier provider of cloud business solutions, Fortnox serves over 500,000 customers. Its innovative software and commitment to simplifying complex financial processes have solidified its market position as a trusted partner for digital business management.
-13 vs industry average
Fortnox’s score of 25 is lower than 36% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Computer Services has below-average carbon intensity
The Computer Services industry has reduced its overall emissions by 11% since 2018
Scope 3 accounts for ••• of total emissions.
Fortnox, a Swedish-headquartered company in the Computer and related services industry, reported total carbon emissions of approximately 674,000 kg CO2e in 2020. This included Scope 1 emissions of 3,000 kg CO2e, Scope 2 emissions of 70,000 kg CO2e, and Scope 3 emissions of 601,000 kg CO2e. In 2021, Fortnox's Scope 2 emissions were approximately 14,000 kg CO2e, and Scope 3 emissions were about 1,064,000 kg CO2e. For 2022, Scope 2 emissions were around 26,000 kg CO2e, and Scope 3 emissions were approximately 344,000 kg CO2e.
In 2023, Fortnox's Scope 2 emissions were approximately 27,000 kg CO2e, and Scope 3 emissions reached about 2,419,000 kg CO2e, including 245,000 kg CO2e from capital goods, 317,000 kg CO2e from business travel, 77,000 kg CO2e from employee commute, 1,618,000 kg CO2e from purchased goods and services, 17,000 kg CO2e from fuel and energy-related activities, and 119,000 kg CO2e from upstream transportation and distribution. The total reported emissions for 2023 were approximately 2,462,000 kg CO2e.
Looking ahead to 2025, Fortnox projects Scope 1 emissions of 7,240 kg CO2e, Scope 2 emissions (market-based) of 259,250 kg CO2e, and Scope 3 emissions of 339,410 kg CO2e. The projected Scope 3 emissions for 2025 include approximately 13,400 kg CO2e from upstream leased assets, 144,900 kg CO2e from purchased goods and services, 39,760 kg CO2e from waste generated in operations, and 32,080 kg CO2e from fuel and energy-related activities. Fortnox does not currently have publicly disclosed reduction targets or Science Based Targets initiative (SBTi) commitments. All emissions data is directly disclosed by Fortnox AB (publ).
No climate goals have been disclosed for Fortnox yet.
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