Axcel Management A/S

Greenhouse gas emissions & sustainability report data

๐Ÿ“Š Latest report period: 2023๐Ÿ—‚๏ธ Report periods on file: 2023, 2022

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.

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Renewable Energy
100%
of total energy

๐Ÿ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
202226.0K tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

โœ… Reported Environmental Achievements

๐ŸŽฏ Climate & Sustainability Targets

๐Ÿ”œ Short-term

  • 60% of our companies to have set an approved science-based target by 2025
  • 5-10% annual reduction of Scope 1 and 2 CO2e emissions by 2025 (Nissens)
  • Improve results in targeted areas: 80% satisfaction, 85% loyalty, 98% response rate (SuperOffice)
  • Reduce Scope 1 and 2 emissions by 5-10% through electric car policy (SuperOffice)
  • All suppliers with central agreements to adhere to Currentumโ€™s Code of Conduct (target 100% acceptance) (Currentum)

๐Ÿ“… Medium-term

  • 100% of our companies to have set an approved science-based target by 2030
  • Achieve gender balance in leadership positions (Danish Ship Finance)
  • From 2024 onwards, we will expand the scope of this target to include not only sustainability-linked loans but also loans that are supportive of clientsโ€™ transition towards more sustainable business models. We target >50% of new lending to fall within one of these two overarching categories in 2024 (Danish Ship Finance)
  • 5-10% annual reduction of Scope 1 and 2 CO2e emissions by 2025 (Nissens)
  • Extend to net zero target with SBTi (Loopia)

๐Ÿ”ญ Long-term

  • >85% annual sourcing of renewable electricity at Axcel Management
  • 100% of our companies to have set an approved science-based target by 2030
  • Achieve gender balance in leadership positions (Danish Ship Finance)

๐ŸŒฑ ESG Focus Areas

ESG ManagementClimate ChangeDiversity, Equity & InclusionPeople & Culture

โš ๏ธ Challenges & Risks +

  • Complex geopolitical developments, subdued economic growth and cautious credit markets driven by increasing interest rates impacted asset valuations in certain sectors and slowed down investment activities
  • Climate change poses significant risks to our economies and societies
  • Diversity, equity & inclusion is a complex topic
  • Low levels of gender diversity amongst investment professionals
  • Changing customer and consumer demands regarding environmental sustainability
  • Increased cost of raw materials with a lower CO2e impact
  • Increased severity of extreme weather events
  • Elevated sea levels
  • Supply chain and operations may be disrupted by extreme weather events
  • Carbon pricing may increase the cost of materials and transport

๐Ÿ“‹ Report Information

Reporting Period: 2023
Frameworks: UN Global Compact, PRI, TCFD, EU SFDR, SBTi