- Increased frequency of climate-related damage (storms and floods).
- Economic hardship among households due to inflation and rising prices.
- Increased risk of corruption, unhealthy working conditions, and accidents in the construction and real estate sectors.
Folksamgruppen
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Folksamgruppen disclosed greenhouse gas emissions of 745.2K tCO2e/year (Scope 1 2 and 3). By scope: Scope 1: 233 tCO2e/year; Scope 2: 249 tCO2e/year; Scope 3: 745.2K 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
745.2K tCO2e/year (Scope 1 2 and 3)
2023
Energy Use
8.9K MWh/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). | 233 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 249 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 745.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Invested 5.6 billion SEK in Copenhagen Infrastructure V, a fund focused on developing large-scale renewable energy infrastructure.
- Invested 250 million SEK in a green bond issued by Nacka municipality to finance climate transition and adaptation.
- Reduced long-term sick leave among Folksam Group employees by 0.5 percentage points.
- Avoided a waste pile of approximately 1,880 tons and saved approximately 334 million SEK through reuse of parts in car repairs.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce emissions from equities, corporate bonds, and properties by 29% by 2025.
- At least 50% of the 86 companies identified as major greenhouse gas emitters should adopt science-based climate targets by 2025.
📅 Medium-term
- Net-zero emissions from investment portfolios by 2050.
🔭 Long-term
- Net-zero emissions from own operations by 2030.
🌱 ESG Focus Areas
Människa och samhälleKlimat och miljö