A.P. Moller Capital

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, A.P. Moller Capital disclosed greenhouse gas emissions of 2.9K KT CO2e (AIF I & EMIF II combined). By scope: Scope 1: 2.7M tCO2e (AIF I); Scope 2: 119.6K tCO2e (AIF I); Scope 3: 917.3K tCO2e (AIF I). 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
2.9K KT CO2e (AIF I & EMIF II combined)
2023
⚡
Renewable Energy
29% (of electricity generated)
of total energy
⚙️
Energy Use
14.5K GWh (AIF I & EMIF II combined)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.7M tCO2e (AIF I)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.119.6K tCO2e (AIF I)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).917.3K tCO2e (AIF I)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce scope 1 and 2 emissions of EMIF II investments by at least 25% during EMIF II ownership.

📅 Medium-term

  • Cabeólica aims to increase renewable energy penetration in Cabo Verde from 18% to 30% by 2025.

🔭 Long-term

  • Net zero fund

🌱 ESG Focus Areas

Climate ChangeFood PovertySupply Chain DisruptionsHealth and Safety

⚠️ Challenges & Risks +

  • Implementing ESG best practices in countries lacking mirroring national legislation.
  • Meeting EU regulatory requirements for asset-specific data.
  • Eight fatalities across AIF I portfolio companies.

📋 Report Information

Reporting Period: 2023
Frameworks: IFC Performance Standards, World Bank Group EHS Guidelines, OECD Guidelines for Multinational Enterprises, UN Guiding Principles on Business and Human Rights, TCFD
Assurance: Steward Redqueen