Evolution AB (publ)

Common Name
Evolution
Country
Sweden
Sector
Consumer Cyclical
Industry
Gambling
Employees
12,713
Ticker
EVO
Exchange
NASDAQ STOCKHOLM AB
Description
Evolution AB is a prominent player in the online gaming and entertainment industry, specializing in live casino services. Its primary function is to develop, market, and license B2B solutions for live...

Evolution's GHG Emissions Data Preview

In 2023, Evolution 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).

Evolution has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Evolution's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Evolution amounted to 5,037 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Evolution increased by 7.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Evolution's Scope 1 Emissions Over Time

2022202301234tCO2eNaN%
  • Total Scope 1
  • Year-over-Year Change

What are Evolution's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Evolution were 0 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

What are Evolution's Scope 2 emissions?

In 2023, Evolution reported Scope 2 greenhouse gas (GHG) emissions of 5,037 tCOâ‚‚e without specifying the calculation method.

Has Evolution reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Evolution's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Evolution 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Evolution use for Scope 2 reporting?

In 2023, Evolution reported its Scope 2 emissions using an unspecified methodology.

Evolution's Scope 2 Emissions Over Time

2022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Evolution's Value Chain Emissions

In 2023, Evolution reported 2,336 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Evolution includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Evolution's Scope 3 Emissions Over Time

2022202306001.2 k1.8 k2.4 ktCO2e+188%
  • Total Scope 3
  • Year-over-Year Change

What are Evolution's Scope 3 emissions?

In 2023, Evolution reported total Scope 3 emissions of 2,336 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Compared to the previous year (2022), Evolution's Scope 3 emissions increased by 188.4%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Evolution disclose?

In 2023, Evolution reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

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

In 2023, the largest contributors to Evolution's Scope 3 emissions were:

  • Business Travel (Cat. 6): 2,253 tCOâ‚‚e (96.45%)
  • Upstream Transportation and Distribution (Cat. 4): 83 tCOâ‚‚e (3.55%)

Evolution's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(3.6%)Business Travel(Cat. 6)(96.4%)

Insights into Evolution's Total Carbon Footprint

In 2023, Evolution reported a total carbon footprint of 7,373 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.52% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Evolution's total carbon footprint was Scope 2 emissions, accounting for 68.32% of the company's total carbon footprint, followed by Scope 3 emissions at 31.68%.