- Challenges faced by a small and focused organisation in maintaining gender balance among investment professionals.
- Increased cyber security threats across our portfolio in 2023, with 4 cyber incidents resulting in losses.
- Slow pace of adoption of sustainable fuels to meet net zero-aligned scenarios.
HitecVision AS
Greenhouse gas emissions & sustainability report data
By scope: Scope 3: 367 thousand tonnes in 2023 (2022: 447 thousand). 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.
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 367 thousand tonnes in 2023 (2022: 447 thousand) |
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 |
|---|---|
| 2021 | 44.2 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Aggregated direct greenhouse gas emissions (Scope 1, operational control) from our portfolio companies was reduced by 19% compared to 2022 on our funds’ equity share basis.
- Portfolio holds 1,510 MW of renewable energy capacity and generated 3.7 TWh of renewable energy, an increase of 45% from the previous year.
- Renewable energy generated is estimated to have contributed to 128 thousand tonnes of net avoided emissions in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- By 2030, our target is that all our portfolio companies shall have set science-based emissions reduction targets.
🔭 Long-term
- Net zero greenhouse gas emissions by 2050 or sooner
🌱 ESG Focus Areas
Climate and natureHealth and wellbeingDiversity and inclusionEthical business conduct and regulatory complianceCommunity impact