- Difficulty in collecting high-quality emission data from suppliers
- Challenges in assessing the impact on biodiversity across all group companies
- Lack of data to support assessment of compliance with EU Taxonomy Regulation's technical screening criteria and 'Do No Significant Harm' requirements
- Potential risks from climate change (floods, drought, increased wind) affecting operations and supply chains
- Transition risk of not meeting customer expectations for sustainable operations
Vestum AB
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Vestum AB disclosed greenhouse gas emissions of 86.9K tCO2e/year. By scope: Scope 1: 5.4K tCO2e/year; Scope 2: 553 tCO2e/year; Scope 3: 81.0K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
86.9K tCO2e/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 5.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 553 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 81.0K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 86.9K tCO2e/year |
| 2022 | 80.5K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2e emissions by 25% per unit of revenue (short-term target towards net-zero by 2040)
- Implemented intelligent packaging strategy at Västsvensk Byggskruv to reduce waste and improve recycling
- Västsvensk Byggskruv is the first in Sweden to offer screws with an Environmental Product Declaration (EPD)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Establish group-wide structure and culture for accurate reporting of incidents and accidents by 2026
- Achieve minimum 35% female managers and 15% female employees by 2026
- Provide at least 400 internship and apprenticeship positions by 2026
- Reduce CO2e emissions by 25% per unit of revenue by 2026
- Assess impact on biodiversity by 2026
🔭 Long-term
- Eliminate serious work accidents by 2040
- Achieve even gender distribution across all employees by 2040
- Provide at least 1,800 internship and apprenticeship positions by 2040
- Achieve net-zero climate impact across scopes 1, 2, and 3 by 2040
- Achieve net-zero impact on biodiversity by 2040
🌱 ESG Focus Areas
Climate change mitigationBiodiversityGender equalityWork environment safetySkills recruitment