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Industrivarden AB

Common Name
Industrivarden
Country
Sweden
Sector
Financial Services
Industry
Asset Management
Employees
15
Ticker
INDU A
Exchange
NASDAQ STOCKHOLM AB
Description
AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return...

Industrivarden's GHG Emissions Data Preview

In 2024, Industrivarden 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).

Industrivarden has also provided a category-level breakdown for 1 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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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 Industrivarden’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 2023, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Industrivarden’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 Industrivarden’s data sources below and access millions more through our Disclosure Search.

a. Industrivarden's Sustainability Report 2024
b. Industrivarden's Sustainability Report 2023

Insights into Industrivarden's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Industrivarden amounted to 22 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

0

Industrivarden's Scope 1 Emissions Over Time

202320240481216tCO2e-7%
  • Total Scope 1
  • Year-over-Year Change

What are Industrivarden's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Industrivarden were 13 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), Industrivarden's Scope 1 emissions decreased by 7.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Industrivarden's Scope 2 emissions?

In 2024, Industrivarden reported Scope 2 greenhouse gas (GHG) emissions of 8 tCO₂e using the market-based method and 9 tCO₂e using the location-based method.a

What methodology does Industrivarden use for Scope 2 reporting?

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

Industrivarden's Scope 2 Emissions Over Time

20232024036912tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Industrivarden's Value Chain Emissions

In 2024, Industrivarden reported 18 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 Industrivarden includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Industrivarden's Scope 3 Emissions Over Time

2023202405101520tCO2e+13%
  • Total Scope 3
  • Year-over-Year Change

What are Industrivarden's Scope 3 emissions?

In 2024, Industrivarden reported total Scope 3 emissions of 18 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

Compared to the previous year (2023), Industrivarden's Scope 3 emissions increased by 12.5%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Industrivarden disclose?

In 2024, Industrivarden reported emissions for 1 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 Industrivarden's Scope 3 emissions?

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

  • Business Travel (Cat. 6): 16 tCO₂e (100%)

Industrivarden's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

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

In 2024, Industrivarden reported Scope 1 greenhouse gas (GHG) emissions of 13 tCO₂e and total revenues of USD 1,150 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD.a

Industrivarden's Scope 1 Emissions Intensity Compared to Peers

51005,000200,00010,000,000Scope 1 Emissions (tCO2e)505002,00010,000100,000Revenues (Millions of USD)HAL TrustYear: 2024Scope 1: 1,957,000 tCO2eRevenue: $M 13,018Scope 1 Intensity: 150.33 tCO2e/$MBlue Owl CapitalYear: 2024Scope 1: 6 tCO2eRevenue: $M 2,308Scope 1 Intensity: 0.00 tCO2e/$MInvescoYear: 2024Scope 1: 585 tCO2eRevenue: $M 6,068Scope 1 Intensity: 0.10 tCO2e/$MVZ HoldingYear: 2024Scope 1: 316 tCO2eRevenue: $M 627Scope 1 Intensity: 0.50 tCO2e/$MEQT ABYear: 2024Scope 1: 33 tCO2eRevenue: $M 30,000Scope 1 Intensity: 0.00 tCO2e/$MFranklin ResourcesYear: 2024Scope 1: 13,138 tCO2eRevenue: $M 8,478Scope 1 Intensity: 1.55 tCO2e/$MDWS Group GmbH & CoYear: 2024Scope 1: 762 tCO2eRevenue: $M 4,146Scope 1 Intensity: 0.18 tCO2e/$MBajaj Holdings and InvestmentYear: 2025Scope 1: 2,056 tCO2eRevenue: $M 805Scope 1 Intensity: 2.55 tCO2e/$MGroep Brussel LambertYear: 2024Scope 1: 1,288,425 tCO2eRevenue: $M 6,365Scope 1 Intensity: 202.41 tCO2e/$MSEI InvestmentsYear: 2023Scope 1: 117 tCO2eRevenue: $M 1,921Scope 1 Intensity: 0.06 tCO2e/$MVontobel HoldingYear: 2024Scope 1: 308 tCO2eRevenue: $M 1,567Scope 1 Intensity: 0.20 tCO2e/$MChina Cinda Asset ManagementYear: 2024Scope 1: 1,263 tCO2eRevenue: $M 3,747Scope 1 Intensity: 0.34 tCO2e/$MHDFC Asset ManagementYear: 2024Scope 1: 267 tCO2eRevenue: $M 310Scope 1 Intensity: 0.86 tCO2e/$MIGM FinancialYear: 2024Scope 1: 80 tCO2eRevenue: $M 2,429Scope 1 Intensity: 0.03 tCO2e/$MCatellaYear: 2024Scope 1: 161 tCO2eRevenue: $M 201Scope 1 Intensity: 0.80 tCO2e/$MInvestorYear: 2024Scope 1: 63,011 tCO2eRevenue: $M 15,262Scope 1 Intensity: 4.13 tCO2e/$MJanus Henderson GroupYear: 2024Scope 1: 116 tCO2eRevenue: $M 2,473Scope 1 Intensity: 0.05 tCO2e/$MAres CapitalYear: 2021Scope 1: 47 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.03 tCO2e/$MAffiliated Managers GroupYear: 2024Scope 1: 229 tCO2eRevenue: $M 2,041Scope 1 Intensity: 0.11 tCO2e/$MKinnevikYear: 2021Scope 1: 5 tCO2eRevenue: $M 1,656Scope 1 Intensity: 0.00 tCO2e/$MRathbones GroupYear: 2023Scope 1: 584 tCO2eRevenue: $M 727Scope 1 Intensity: 0.80 tCO2e/$MICGYear: 2025Scope 1: 8 tCO2eRevenue: $M 1,231Scope 1 Intensity: 0.01 tCO2e/$MIndustrivardenYear: 2024Scope 1: 13 tCO2eRevenue: $M 1,150Scope 1 Intensity: 0.01 tCO2e/$M

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

In 2024, Industrivarden reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 0.19, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Industrivarden ranked 5 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Industrivarden's Total Carbon Footprint

In 2024, Industrivarden reported a total carbon footprint of 40 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.26% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Industrivarden's total carbon footprint was Scope 3 emissions, accounting for 45% of the company's total carbon footprint, followed by Scope 1 emissions at 32.5%.a

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