In 2024, Fortnox completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Fortnox has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | N/A | 0b | 0b | |
Total Scope 2 | ||||
Market-Based | 22a | 22a | 26b | |
Location-Based | 39a | 42a | N/A | |
Total Scope 3 | 1,784a | 1,264a | 344b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | N/A | 0b | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of Fortnox amounted to 39 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Fortnox decreased by 7.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, Fortnox reported Scope 2 greenhouse gas (GHG) emissions of 22 tCO₂e using the market-based method and 39 tCO₂e using the location-based method.a
Compared to the previous year (2023), Fortnox's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Fortnox's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Fortnox reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Fortnox reported 1,784 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 Fortnox includes a breakdown across 9 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
In 2024, Fortnox reported total Scope 3 emissions of 1,784 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.94% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.06% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Fortnox's Scope 3 emissions have increased by 67.67%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Fortnox's Scope 3 emissions increased by 41.14%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Fortnox reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Fortnox's Scope 3 emissions were:a