Fagerhult Group AB

Common Name
Fagerhult Group
Country
Sweden
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
3,886
Ticker
FAG
Exchange
NASDAQ STOCKHOLM AB
Description
Fagerhult Group AB is a prominent manufacturer of lighting solutions, renowned for its innovative approach in designing, developing, and producing sustainable lighting products. The company focuses on...

Fagerhult Group's GHG Emissions Data Preview

In 2024, Fagerhult Group 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).

Fagerhult Group has also provided a category-level breakdown for 10 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
Market-Based
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Location-Based
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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 Fagerhult Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Fagerhult Group amounted to 13,612 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 2023, the total operational greenhouse gas (GHG) emissions of Fagerhult Group decreased by 9.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Fagerhult Group's Scope 1 Emissions Over Time

202120222023202402.5 k5 k7.5 k10 ktCO2e-8%-17%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Fagerhult Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Fagerhult Group were 7,245 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Fagerhult Group reduced its Scope 1 emissions over time?

Since 2021, Fagerhult Group's Scope 1 emissions have decreased by 27.28%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Fagerhult Group's Scope 1 emissions decreased by 4.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Fagerhult Group's Scope 2 emissions?

In 2024, Fagerhult Group reported Scope 2 greenhouse gas (GHG) emissions of 3,391 tCOâ‚‚e using the market-based method, and 6,367 tCOâ‚‚e using the location-based method.

Has Fagerhult Group reduced its Scope 2 emissions over time?

Since 2021, Fagerhult Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 25.73%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Fagerhult Group's Scope 2 emissions (Location-Based) fell by 15.2% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Fagerhult Group use for Scope 2 reporting?

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

Fagerhult Group's Scope 2 Emissions Over Time

202120222023202403 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Fagerhult Group's Value Chain Emissions

In 2024, Fagerhult Group reported 2,148,580 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 2024 disclosure of Fagerhult Group includes a breakdown across 10 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.

Fagerhult Group's Scope 3 Emissions Over Time

20212022202320240900 k1.8 M2.7 M3.6 MtCO2e+6%-21%-21%
  • Total Scope 3
  • Year-over-Year Change

What are Fagerhult Group's Scope 3 emissions?

In 2024, Fagerhult Group reported total Scope 3 emissions of 2,148,580 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 5.75% of these emissions originated from upstream activities such as purchased goods and capital goods, while 94.25% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Fagerhult Group reduced its Scope 3 emissions over time?

Since 2021, Fagerhult Group's Scope 3 emissions have decreased by 34.18%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Fagerhult Group's Scope 3 emissions decreased by 21.38%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Fagerhult Group disclose?

In 2024, Fagerhult Group reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2024, the largest contributors to Fagerhult Group's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 2,024,507 tCOâ‚‚e (94.23%)
  • Purchased Goods and Services (Cat. 1): 97,003 tCOâ‚‚e (4.52%)
  • Upstream Transportation and Distribution (Cat. 4): 8,975 tCOâ‚‚e (0.42%)

Fagerhult Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(94.2%)Purchased Goods andServices (Cat. 1)(4.5%)

Insights into Fagerhult Group's Total Carbon Footprint

In 2024, Fagerhult Group reported a total carbon footprint of 2,162,192 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.32% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Fagerhult Group's total carbon footprint was Scope 3 emissions, accounting for 99.37% of the company's total carbon footprint, followed by Scope 1 emissions at 0.34%.

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