Scandi Standard

Scandi Standard's reported carbon emissions

### Scandi Standard Carbon Emissions and Climate Commitments Scandi Standard, headquartered in Sweden (SE), is committed to reducing its carbon footprint. The company has set ambitious targets and reported its emissions across various scopes. **Carbon Emissions Data:** * **2025:** Scandi Standard reported a total of approximately **1.05 billion kg CO2e**. This breaks down into: * Scope 1: Approximately **23.6 million kg CO2e** * Scope 2 (market-based): Approximately **5.11 million kg CO2e** * Scope 3: Approximately **1.02 billion kg CO2e** * **2024:** Total emissions for 2024 were approximately **937.5 million kg CO2e**, comprising: * Scope 1: Approximately **19.2 million kg CO2e** * Scope 2 (market-based): Approximately **716,000 kg CO2e** * Scope 3: Approximately **918.3 million kg CO2e** * **2023:** The company's total emissions were approximately **986.8 million kg CO2e**, with: * Scope 1: Approximately **18.2 million kg CO2e** * Scope 2 (market-based): Approximately **658,000 kg CO2e** * Scope 3: Approximately **967.9 million kg CO2e** * **2022:** Total emissions stood at approximately **810.4 million kg CO2e**, including: * Scope 1: Approximately **17.0 million kg CO2e** * Scope 2 (market-based): Approximately **925,000 kg CO2e** * Scope 3: Approximately **792.5 million kg CO2e** * **2021:** Total emissions were approximately **963.7 million kg CO2e**, comprising: * Scope 1: Approximately **18.8 million kg CO2e** * Scope 2 (market-based): Approximately **981,000 kg CO2e** * Scope 3: Approximately **943.9 million kg CO2e** * **2020:** Total emissions for 2020 were approximately **24.3 million kg CO2e**, with: * Scope 1: Approximately **7.33 million kg CO2e** * Scope 2: Approximately **17.0 million kg CO2e** * Scope 3: Approximately **6.40 million kg CO2e** (specifically reported for upstream transportation and distribution). **Climate Commitments and Reduction Targets:** Scandi Standard has established several key climate commitments, aiming for significant emissions reductions: * **Net-Zero Target:** The company commits to reaching net-zero greenhouse gas emissions across its value chain by **2050**. * **Long-Term Reduction Goals (2050):** * A **90% reduction** in absolute Scope 1 and 2 emissions compared to a 2021 baseline. * A **90% reduction** in absolute Scope 3 emissions compared to a 2021 baseline. * **Near-Term Reduction Goals:** * A **42% reduction** in absolute Scope 1 and 2 emissions by **2030** from a 2021 baseline. * A **42% reduction** in absolute Scope 3 emissions by **2030** from a 2021 baseline. * **Specific Operational Reductions:** A target to reduce CO2e emissions in its own operations (Scope 1 and 2) by **42%** by **2030**. * **Deforestation Commitment:** Scandi Standard AB commits to no deforestation across its primary deforestation-linked commodities, with a target date of **2025**. These targets are aligned with the Science Based Targets initiative (SBTi) for limiting global warming to 1.5°C. The company is on track for its Scope 2 near-term target.