Norvestor, officially known as Norvestor Equity, is a prominent private equity firm headquartered in Norway. Established in 1997, the firm has built a strong reputation in the Nordic region, focusing on investments across various sectors, including technology, healthcare, and consumer goods. With a commitment to fostering growth in its portfolio companies, Norvestor offers a unique blend of strategic guidance and operational expertise. The firm is recognised for its ability to identify and nurture high-potential businesses, positioning itself as a leader in the private equity landscape. Notable achievements include a series of successful exits and a robust track record of delivering value to investors. Norvestor continues to play a pivotal role in shaping the future of the Nordic investment scene, leveraging its extensive network and industry knowledge.
How does Norvestor'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 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.
Norvestor's score of 21 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Norvestor reported total carbon emissions of approximately 313,616,400 kg CO2e, with Scope 1 emissions at about 12,038,700 kg CO2e, Scope 2 emissions at around 8,496,700 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 293,081,000 kg CO2e. This marked a substantial increase from 2022, where total emissions were about 188,758,400 kg CO2e. In 2022, Norvestor's emissions breakdown included approximately 5,087,500 kg CO2e from Scope 1, 3,655,600 kg CO2e from Scope 2, and a staggering 180,015,300 kg CO2e from Scope 3, indicating a heavy reliance on upstream activities and purchased goods and services. From 2017 to 2018, emissions rose from about 8,700,000 kg CO2e to approximately 11,700,000 kg CO2e, primarily driven by increases in Scope 1 and Scope 2 emissions. Notably, in 2019, 2020, and 2021, Norvestor reported zero emissions across all scopes, suggesting a potential shift in operational focus or reporting practices during those years. Despite these figures, Norvestor has not established specific reduction targets or climate pledges, indicating a need for clearer commitments to address their carbon footprint. The absence of documented reduction initiatives highlights an opportunity for Norvestor to enhance its sustainability strategy and align with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 7,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Scope 2 | 700,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 1,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Norvestor is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.