- Combined climate risk in the equities portfolio based on Industrivärden’s share of ownership in the portfolio companies.
- Portfolio companies operate in various sectors and geographies, leading to differing climate risks.
- Several portfolio companies work in emissions-intensive industries or have large environmental impacts through their products and services.
Industrivärden AB
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 14 tons CO2e (2023); Scope 2: 8 tons CO2e (2023); Scope 3: 16 tons CO2e (2023). 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.
📊 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). | 14 tons CO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 8 tons CO2e (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 16 tons CO2e (2023) |
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 |
|---|---|
| 2021 | 24 tCO2e/year (Scope 1+2+3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 88% of portfolio companies joined the Science Based Targets initiative (SBTi), 63% having their targets approved. These targets meet the reduction goals within the framework of the Paris Agreement.
- 88% of portfolio companies have concrete goals for reducing indirect carbon emissions in their value chains (Scope 3).
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce Industrivärden’s Scope 1, 2 and 3 carbon emissions (excluding emissions from portfolio companies) by 50% by 2030 compared with 2017.
🔭 Long-term
- Portfolio companies shall adopt science-based targets for reducing their carbon emissions (Scope 1–2) and have clear targets for reducing emissions in their value chains (Scope 3).
🌱 ESG Focus Areas
Responsible corporate governance and sustainable societal roleMinimized negative climate and environmental impactsSustainable production and innovation