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Afry AB

Common Name
Afry
Country
Sweden
Sector
Industrials
Industry
Engineering & Construction
Employees
19,187
Ticker
AFRY
Exchange
NASDAQ STOCKHOLM AB
Website
afry.com
Description
AFRY AB is a Swedish-Finnish public engineering, design, and advisory company founded in 1895, specializing in sustainability and digitalization. Originating from the Southern Swedish Steam Generator ...

Afry's GHG Emissions Data Preview

In 2024, Afry 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).

Afry has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Afry’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Afry’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Afry’s data sources below and access millions more through our Disclosure Search.

a. Afry's Annual Report 2024

Insights into Afry's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Afry amounted to 3,429 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 Afry decreased by 3.52%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Afry's Scope 1 Emissions Over Time

2019202120222023202408501.7 k2.55 k3.4 ktCO2e-50%-20%-66%-23%
  • Total Scope 1
  • Year-over-Year Change

What are Afry's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Afry were 340 metric tons of CO₂ equivalent (tCO₂e).a

Has Afry reduced its Scope 1 emissions over time?

Since 2019, Afry's Scope 1 emissions have decreased by 89.57%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Afry's Scope 1 emissions decreased by 22.73%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Afry's Scope 2 emissions?

In 2024, Afry reported Scope 2 greenhouse gas (GHG) emissions of 3,295 tCO₂e using the market-based method and 3,089 tCO₂e using the location-based method.a

What methodology does Afry use for Scope 2 reporting?

In 2024, Afry reported its Scope 2 emissions using the market-based method and using the location-based method.a

Afry's Scope 2 Emissions Over Time

2019202120222023202401 k2 k3 k4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Afry's Value Chain Emissions

In 2024, Afry reported 40,450 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 Afry includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Afry's Scope 3 Emissions Over Time

20192021202220232024015 k30 k45 k60 ktCO2e-89%+89%+2%+268%
  • Total Scope 3
  • Year-over-Year Change

What are Afry's Scope 3 emissions?

In 2024, Afry reported total Scope 3 emissions of 40,450 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Afry reduced its Scope 3 emissions over time?

Since 2019, Afry's Scope 3 emissions have decreased by 21.24%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Afry's Scope 3 emissions increased by 267.76%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Afry disclose?

In 2024, Afry reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Afry's Scope 3 emissions?

In 2024, the largest contributors to Afry's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 21,600 tCO₂e (53.4%)
  • Business Travel (Cat. 6): 11,550 tCO₂e (28.55%)
  • Employee Commuting (Cat. 7): 7,300 tCO₂e (18.05%)

Afry's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(28.6%)Purchased Goods andServices (Cat. 1)(53.4%)Employee Commuting(Cat. 7)(18.0%)

Insights into Afry’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Afry reported Scope 1 greenhouse gas (GHG) emissions of 340 tCO₂e and total revenues of USD 2,464 millions. This translates into an emissions intensity of 0.14 tCO₂e per millions USD.a

Afry's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,000500,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)Nordisk BergteknikYear: 2024Scope 1: 22,498 tCO2eRevenue: $M 300Scope 1 Intensity: 75.01 tCO2e/$MAlligoYear: 2024Scope 1: 2,102 tCO2eRevenue: $M 847Scope 1 Intensity: 2.48 tCO2e/$MNCC ABYear: 2024Scope 1: 113,000 tCO2eRevenue: $M 5,591Scope 1 Intensity: 20.21 tCO2e/$MCoorYear: 2024Scope 1: 2,196 tCO2eRevenue: $M 1,129Scope 1 Intensity: 1.95 tCO2e/$MIndutradeYear: 2024Scope 1: 12,445 tCO2eRevenue: $M 2,953Scope 1 Intensity: 4.21 tCO2e/$MStorskogen GroupYear: 2024Scope 1: 36,560 tCO2eRevenue: $M 3,102Scope 1 Intensity: 11.79 tCO2e/$MNetel HoldingYear: 2024Scope 1: 3,685 tCO2eRevenue: $M 298Scope 1 Intensity: 12.37 tCO2e/$MAlfa LavalYear: 2024Scope 1: 16,113 tCO2eRevenue: $M 6,076Scope 1 Intensity: 2.65 tCO2e/$MLifcoYear: 2024Scope 1: 8,330 tCO2eRevenue: $M 2,372Scope 1 Intensity: 3.51 tCO2e/$MEpirocYear: 2024Scope 1: 30,000 tCO2eRevenue: $M 5,772Scope 1 Intensity: 5.20 tCO2e/$MBravida HoldingYear: 2024Scope 1: 15,876 tCO2eRevenue: $M 2,691Scope 1 Intensity: 5.90 tCO2e/$MSwecoYear: 2024Scope 1: 7,776 tCO2eRevenue: $M 2,784Scope 1 Intensity: 2.79 tCO2e/$MSkanskaYear: 2024Scope 1: 149,000 tCO2eRevenue: $M 16,015Scope 1 Intensity: 9.30 tCO2e/$MNorva24 GroupYear: 2024Scope 1: 27,148 tCO2eRevenue: $M 320Scope 1 Intensity: 84.77 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MHusqvarnaYear: 2024Scope 1: 14,217 tCO2eRevenue: $M 4,388Scope 1 Intensity: 3.24 tCO2e/$MSecuritasYear: 2024Scope 1: 119,062 tCO2eRevenue: $M 14,693Scope 1 Intensity: 8.10 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MMunters GroupYear: 2024Scope 1: 8,000 tCO2eRevenue: $M 1,402Scope 1 Intensity: 5.71 tCO2e/$MPeabYear: 2024Scope 1: 176,000 tCO2eRevenue: $M 5,561Scope 1 Intensity: 31.65 tCO2e/$MProfilgruppenYear: 2024Scope 1: 2,180 tCO2eRevenue: $M 206Scope 1 Intensity: 10.57 tCO2e/$MRatosYear: 2024Scope 1: 14,848 tCO2eRevenue: $M 2,915Scope 1 Intensity: 5.09 tCO2e/$MVolvoYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 47,805Scope 1 Intensity: 4.37 tCO2e/$MVestumYear: 2024Scope 1: 4,350 tCO2eRevenue: $M 385Scope 1 Intensity: 11.29 tCO2e/$MNordic Waterproofing HoldingYear: 2024Scope 1: 3,599 tCO2eRevenue: $M 371Scope 1 Intensity: 9.69 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$M

How does Afry's GHG emissions intensity compare to its peers?

In 2024, Afry reported a Scope 1 emissions intensity of 0.14 tCO₂e per millions USD. Compared to the peer group median of 8.1, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Afry rank on GHG emissions intensity within its industry?

In 2024, Afry ranked 1 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Afry among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Afry's Total Carbon Footprint

In 2024, Afry reported a total carbon footprint of 43,879 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 201.51% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Afry's total carbon footprint was Scope 3 emissions, accounting for 92.19% of the company's total carbon footprint, followed by Scope 2 emissions at 7.04%.a

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