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OrganisationsHitecvision
Hitecvision logo

Hitecvision

Services Auxiliary to Financial IntermediationNorway
Last verified 2 months agohitecvision.com

Hitecvision, a prominent player in the services auxiliary to financial intermediation sector, is headquartered in Norway (NO) and operates extensively across Europe and beyond. Founded in 2001, the company has established itself as a leader in providing innovative investment solutions and advisory services tailored to the energy and technology sectors.

With a focus on private equity and infrastructure investments, Hitecvision distinguishes itself through its deep industry expertise and commitment to sustainable growth. The firm has achieved significant milestones, including the successful management of multiple funds that have garnered substantial returns for investors. Recognised for its strategic approach and robust market position, Hitecvision continues to shape the landscape of financial intermediation services, driving value for clients and stakeholders alike.

62
DitchCarbon score

+25 vs industry average

Hitecvision’s score of 62 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2028

000.0M000.0M000M000M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hitecvision's reported carbon emissions

HitecVision, headquartered in Norway and operating in services auxiliary to financial intermediation (67), is committed to climate action. For the reporting year 2025, the company reported total carbon emissions of approximately 372,095,000 kg CO2e, encompassing Scope 1, 2, and 3 emissions.

In 2024, HitecVision's total emissions were approximately 335,508,000 kg CO2e, with Scope 1 contributing about 33,683,000 kg CO2e, Scope 2 approximately 299,000 kg CO2e, and Scope 3 accounting for around 301,526,000 kg CO2e.

For the reporting year 2024, which refers to 2023 data, HitecVision's total emissions were approximately 366,751,000 kg CO2e, primarily driven by Scope 3 emissions. Scope 1 emissions for this period included process emissions of 0.0 kg CO2e, and Scope 2 emissions were approximately 16,000 kg CO2e based on location.

Looking at prior years, in 2022, total emissions were approximately 485,014,000 kg CO2e, with Scope 1 at about 6,000 kg CO2e, Scope 2 at approximately 49,000 kg CO2e, and Scope 3 at roughly 177,623,000 kg CO2e. In 2021, Scope 1 emissions were around 315,352,000 kg CO2e and Scope 2 emissions were approximately 5,220,000 kg CO2e. Scope 3 data was not disclosed for 2021. For 2020, Scope 1 emissions were approximately 216,629,000 kg CO2e and Scope 2 emissions were about 7,077,000 kg CO2e. In 2019, Scope 1 emissions were approximately 245,718,000 kg CO2e and Scope 2 emissions were around 6,142,000 kg CO2e. In 2018, Scope 1 emissions were approximately 343,988,000 kg CO2e and Scope 2 emissions were about 13,394,000 kg CO2e. In 2017, Scope 1 emissions were approximately 281,797,000 kg CO2e, with no Scope 2 or 3 data reported.

HitecVision has set significant climate commitments. A key target is that by 2030, all of its portfolio companies shall have established science-based emissions reduction targets, covering both Scope 1 and Scope 2 emissions. Furthermore, the company aims to be divested from all fossil fuel exploration and production portfolio companies by 2030, while simultaneously increasing investments in companies that are driving the European energy transition.

It is important to note that the emissions data is inherited from the parent organisation, HitecVision AS, and this cascade level is 1, indicating a current subsidiary relationship.

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Hitecvision’s Climate Goals (2030 & 2050)

2025

Near-zero scope 1 & 2

Target to achieve near-zero emissions for direct operations and purchased energy

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Not active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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Hitecvision logoHitecvision
NOServices Auxiliary to Financial Intermediation
2 months ago
62
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Vallourec logoVallourec
FRFurniture Manufacturing
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NLGas/Diesel Oil
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