AAK AB (publ)
AAK's GHG Emissions Data Preview
In 2024, AAK completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, AAK has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind AAK’s Greenhouse Gas (GHG) Emissions Data
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Insights into AAK's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of AAK amounted to 293,739 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of AAK decreased by 8.63%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
AAK's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are AAK's Scope 1 emissions?
In 2024, the total Scope 1 emissions of AAK were 227,285 metric tons of CO₂ equivalent (tCO₂e). a
Has AAK reduced its Scope 1 emissions over time?
Since 2022, AAK's Scope 1 emissions have decreased by 18.15%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), AAK's Scope 1 emissions decreased by 12.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b
What are AAK's Scope 2 emissions?
In 2024, AAK reported Scope 2 greenhouse gas (GHG) emissions of 67,366 tCO₂e using the market-based method and 66,454 tCO₂e using the location-based method. a
Has AAK reduced its Scope 2 emissions over time?
Compared to the previous year (2023), AAK's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that AAK 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does AAK use for Scope 2 reporting?
In 2024, AAK reported its Scope 2 emissions using the market-based method and using the location-based method. a
AAK's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into AAK's Value Chain Emissions
In 2024, AAK reported 4,176,697 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of AAK includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
AAK's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are AAK's Scope 3 emissions?
In 2024, AAK reported total Scope 3 emissions of 4,176,697 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2023), AAK's Scope 3 emissions remained relatively stable, indicating that AAK 's emissions have plateaued with no significant change in its value chain footprint. a b
Insights into AAK’s GHG Emissions Intensity Compared to Industry Peers
In 2024, AAK reported Scope 1 greenhouse gas (GHG) emissions of 227,285 tCO₂e and total revenues of USD 4,088 millions. This translates into an emissions intensity of 55.6 tCO₂e per millions USD. a
AAK's Scope 1 Emissions Intensity Compared to Peers
How does AAK's GHG emissions intensity compare to its peers?
In 2024, AAK reported a Scope 1 emissions intensity of 55.6 tCO₂e per millions USD. Compared to the peer group median of 30.16 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does AAK rank on GHG emissions intensity within its industry?
In 2024, AAK ranked 17 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
AAK is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into AAK's Total Carbon Footprint
In 2024, AAK reported a total carbon footprint of 4,470,436 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.8% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to AAK's total carbon footprint was Scope 3 emissions, accounting for 93.43% of the company's total carbon footprint, followed by Scope 1 emissions at 5.08%. a