- Some portfolio companies are at the beginning of a learning curve when it comes to reporting on more complex sustainability KPIs such as GHG emissions scope 3.
- Achieving 100% portfolio coverage with SBTi validated targets by 2025.
Altor Fund Manager AB
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Altor Fund Manager AB disclosed greenhouse gas emissions of 31.8M tCO2e (Scope 1 2 & 3 financed). By scope: Scope 1: 180.7K tCO2e; Scope 2: 42.1K tCO2e; Scope 3: 31.6M tCO2e. 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
31.8M tCO2e (Scope 1 2 & 3 financed)
2023
Renewable Energy
14% (portfolio)
of total energy
📊 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). | 180.7K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 42.1K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 31.6M tCO2e |
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 | 31.8M tCO2e (Scope 1 2 & 3 financed) |
| 2022 | 3.6M tCO2e/year (financed) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- H2 Green Steel secured funding and equipment for green hydrogen production, aiming for 95% lower CO2e emissions by 2030.
- Eleda calculated Scope 3 emissions and set a net-zero ambition for 2045.
- Trioworld increased the share of Loop alternative products (min. 25% PCR) and invested in recycling capacity.
- TOTEME set a climate impact reduction strategy focusing on air freight, distribution, and supplier engagement.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Portfolio companies to have climate targets in line with SBTi guidance approved no later than 2025.
📅 Medium-term
- Altor aims to reach net-zero by 2045 (portfolio companies by 2050).
🔭 Long-term
- Altor aims to reach net-zero by 2050 (portfolio companies by 2050).
🌱 ESG Focus Areas
Climate ActionEnvironmental performance & Circular resource managementWorking conditions & Living wageDiversity & Inclusion