- Securing financing for the transition to a climate-neutral value chain
- Keeping up with rapid technological developments
- Meeting the increasing demand for fossil-free energy
- Securing the supply of renewable raw materials
- Attracting and retaining employees with the right skills
- Unpredictable political and regulatory developments
Preem AB (publ)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Preem AB (publ) disclosed greenhouse gas emissions of 48.4K thousand tonnes CO2e. By scope: Scope 1: 2.1K thousand tonnes CO2e; Scope 2: 51 thousand tonnes CO2e; Scope 3: 43.9K thousand tonnes CO2e. 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
48.4K thousand tonnes CO2e
2023
Renewable Energy
2.25% of produced volume
of total energy
Water Usage
3.6K thousand m3
2023
Waste
13.3K tonnes
2023
Energy Use
9.0K GWh
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). | 2.1K thousand tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 51 thousand tonnes CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 43.9K thousand tonnes CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced emissions throughout the entire value chain by a fifth (from roughly 60 million tonnes of carbon dioxide equivalents to roughly 48 million tonnes in 2023)
- Produced the first liter of HVO100 (renewable diesel) at its Gothenburg refinery
- Initiated sales of HVO100 to the European market
- Installed 52 new fast charging points for electric vehicles
- Switched from marine gas oil to liquefied natural gas on three of six time-chartered vessels, resulting in an estimated 25% reduction in emissions
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce direct greenhouse gas emissions by 50% by 2030
- Reduce greenhouse gas emissions throughout the value chain by 30% by 2030
📅 Medium-term
- Increase renewable fuel production capacity to 2.5 million cubic meters by 2027 and double that by 2035
🔭 Long-term
- Climate-neutral value chain by 2035 (at least 90% reduction of emissions, remaining emissions compensated)
🌱 ESG Focus Areas
Sustainable economyClimateEnvironmentSustainable value chainsSustainable offeringPeople and safetyResponsible business