Jolt Capital

In 2023, Jolt Capital reported total carbon emissions of approximately 66,906,000 kg CO2e. This figure includes 1,257,000 kg CO2e from Scope 1 emissions, 794,000 kg CO2e from Scope 2 emissions, and a significant 64,855,000 kg CO2e from Scope 3 emissions, which encompasses areas such as business travel and purchased goods and services. The previous year, 2022, saw total emissions rise to about 58,781,000 kg CO2e, with Scope 1 emissions at 863,000 kg CO2e, Scope 2 at 1,871,000 kg CO2e, and Scope 3 emissions reaching 56,047,000 kg CO2e. In 2021, the total emissions were approximately 19,813,000 kg CO2e, with Scope 1 at 1,055,000 kg CO2e, Scope 2 at 1,937,000 kg CO2e, and Scope 3 at 16,821,000 kg CO2e. Despite the increase in emissions over the years, Jolt Capital has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor its emissions, particularly focusing on the GHG intensity of investee companies, which was reported at 0.285 EUR in 2023 and 0.293 EUR in 2022. Jolt Capital's emissions data highlights the importance of addressing Scope 3 emissions, which constitute the majority of their carbon footprint, reflecting the broader industry challenge of managing indirect emissions effectively.