Pareto Securities

Pareto Securities's reported carbon emissions

Pareto Securities, headquartered in Norway and operating within financial intermediation services (excluding insurance and pension funding), has reported its carbon emissions from 2019 to 2024. For 2024, the company's total emissions were approximately 1,212,000 kg CO2e. This figure is composed of approximately 163,000 kg CO2e from Scope 1 and 2 emissions, and approximately 1,049,000 kg CO2e from Scope 3 emissions, primarily driven by business travel and waste generated in operations. In 2023, Pareto Securities reported total emissions of about 1,150,000 kg CO2e, with Scope 1 and 2 accounting for approximately 165,000 kg CO2e, and Scope 3 making up around 985,000 kg CO2e. The previous year, 2022, saw total emissions of approximately 815,000 kg CO2e, with Scope 1 and 2 emissions at about 209,000 kg CO2e and Scope 3 emissions at roughly 606,000 kg CO2e. In 2021, total emissions were approximately 363,000 kg CO2e, comprising about 214,000 kg CO2e from Scope 1 and 2, and approximately 149,000 kg CO2e from Scope 3. For 2020, total emissions were around 1,168,000 kg CO2e, with Scope 1 emissions from mobile combustion at 878,000 kg CO2e, and Scope 3 emissions from waste at approximately 16,000 kg CO2e. The data for 2020 indicates disclosure of Scope 1 and Scope 3 emissions, but not Scope 2. In 2019, Pareto Securities reported total emissions of approximately 2,341,000 kg CO2e, with Scope 1 and 2 emissions at about 336,000 kg CO2e and Scope 3 emissions at approximately 2,005,000 kg CO2e. Pareto Securities' emissions data is cascaded from its parent organisation, Pareto Securities AS. The company has not disclosed specific reduction targets or commitments, such as those from the Science Based Targets initiative (SBTi) or the Climate Pledge, nor have any specific reduction initiatives been detailed. Notably, for all reported years, Scope 1 and 2 data availability is marked as false, with the exception of Scope 1 data for 2020. Scope 3 emissions are disclosed, with a missing data point for purchased goods and services across all reported years.