Genui

Genui's Carbon Emissions and Climate Commitments

Genui, a German-based company in the Computer and related services industry, reported approximately 7,946,000 kg CO2e in total carbon emissions for 2024. This figure represents the weighted average GHG intensity (Scope 1, 2, and 3) of its portfolio companies, measured at 0.0183 per unit of revenue (EUR).

Looking back, Genui's reported emissions were approximately 102,000 kg CO2e in 2021, comprising 3,000 kg CO2e from Scope 2 emissions and 99,000 kg CO2e from Scope 3 emissions. In 2020, total emissions were about 30,000 kg CO2e, with 1,000 kg CO2e from Scope 1, 5,000 kg CO2e from Scope 2, and 24,000 kg CO2e from Scope 3. No specific total emissions data was disclosed for 2023.

Climate Commitments: Genui GmbH has set ambitious climate targets, which are not cascaded from a parent organization. The company has near-term Science Based Targets initiative (SBTi) targets classified as "1.5°C," with a target year of 2027. These targets cover 97% of its total investment and lending by invested capital as of 2022. Additionally, Genui has committed to net-zero emissions, with a deadline 24 months from the Financial Institutions Net-Zero Standard launch. The targets covering greenhouse gas emissions from company operations (Scopes 1 and 2) are consistent with reductions required to keep warming to 1.5°C.