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Karnell Group AB (publ)

Common Name
Karnell Group
Country
Sweden
Sector
Industrials
Industry
Conglomerates
Employees
748
Ticker
KARNEL B
Exchange
NASDAQ STOCKHOLM AB
Website
karnell.se
Description
Karnell Group AB (publ) is a private equity firm specializing investments in add-on acquisitions, expansion and small and medium-sized companies. The firm seeks to invest in B2B industrial technology ...

Karnell Group's GHG Emissions Data Preview

In 2024, Karnell 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).

Karnell Group has also provided a category-level breakdown for 4 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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a
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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0000000
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Verified Sources Behind Karnell Group’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 Karnell Group’s data sources below and access millions more through our Disclosure Search.

a. Karnell Group's Annual Report 2024
a. Karnell Group's Annual Report 2024

Insights into Karnell Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofKarnell Group amounted to1,791metric 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 Karnell Groupincreased by 47.77%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Karnell Group's Scope 1 Emissions Over Time

2023202403006009001.2 ktCO2e-1%
  • Total Scope 1
  • Year-over-Year Change

What are Karnell Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Karnell Group were 1,061 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Karnell Group's Scope 1 emissions remained relatively stable, indicating that Karnell Group's emissions have plateaued with no significant change in its operational footprint.a

What are Karnell Group's Scope 2 emissions?

In 2024, Karnell Group reported Scope 2 greenhouse gas (GHG) emissions of 796 tCOâ‚‚e using the market-based method and 730 tCOâ‚‚e using the location-based method.a

Has Karnell Group reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Karnell Group's Scope 2 emissions(Location-Based) rose by 417.73% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Karnell Group use for Scope 2 reporting?

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

Karnell Group's Scope 2 Emissions Over Time

202320240200400600800tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Karnell Group's Value Chain Emissions

In 2024, Karnell Group reported 87,653 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Karnell Group includes a breakdown across 4of 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

Karnell Group's Scope 3 Emissions Over Time

20232024025 k50 k75 k100 ktCO2e+67%
  • Total Scope 3
  • Year-over-Year Change

What are Karnell Group's Scope 3 emissions?

In 2024, Karnell Group reported total Scope 3 emissions of 87,653 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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), Karnell Group's Scope 3 emissions increased by 67.37%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Karnell Group disclose?

In 2024, Karnell Group reported emissions for 4 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 Karnell Group's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 84,861 tCOâ‚‚e(96.81%)
  • Upstream Transportation and Distribution (Cat. 4): 1,701 tCOâ‚‚e(1.94%)
  • Fuel- and Energy-Related Services (Cat. 3): 981 tCOâ‚‚e(1.12%)

Karnell Group's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(1.1%)Purchased Goods andServices (Cat. 1)(96.8%)UpstreamTransportation andDistribution(Cat. 4)(1.9%)

Insights into Karnell Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Karnell Group reported Scope 1 greenhouse gas (GHG) emissions of 1,061 tCOâ‚‚e and total revenues of USD 127 millions. This translates into an emissions intensity of 8.34 tCOâ‚‚e per millions USD.a

Karnell Group's Scope 1 Emissions Intensity Compared to Peers

505005,00050,000500,000Scope 1 Emissions (tCO2e)202002,00020,000100,000Revenues (Millions of USD)ABAAAbsolent Air Care GroupYear: 2024Scope 1: 469 tCO2eRevenue: $M 127Scope 1 Intensity: 3.69 tCO2e/$ML E LundbergforetagenYear: 2024Scope 1: 61,657 tCO2eRevenue: $M 2,847Scope 1 Intensity: 21.66 tCO2e/$MSvedbergs GroupYear: 2024Scope 1: 629 tCO2eRevenue: $M 198Scope 1 Intensity: 3.17 tCO2e/$MBBBerner IndustrierYear: 2024Scope 1: 188 tCO2eRevenue: $M 87Scope 1 Intensity: 2.15 tCO2e/$MStorskogen GroupYear: 2024Scope 1: 36,560 tCO2eRevenue: $M 3,102Scope 1 Intensity: 11.79 tCO2e/$MStudsvikYear: 2024Scope 1: 721 tCO2eRevenue: $M 81Scope 1 Intensity: 8.90 tCO2e/$MLifcoYear: 2024Scope 1: 8,330 tCO2eRevenue: $M 2,372Scope 1 Intensity: 3.51 tCO2e/$MInvestment AB LatourYear: 2024Scope 1: 11,798 tCO2eRevenue: $M 2,349Scope 1 Intensity: 5.02 tCO2e/$MLagercrantz GroupYear: 2024Scope 1: 2,420 tCO2eRevenue: $M 763Scope 1 Intensity: 3.17 tCO2e/$MStockwik ForvaltningYear: 2024Scope 1: 651 tCO2eRevenue: $M 77Scope 1 Intensity: 8.43 tCO2e/$MHusqvarnaYear: 2024Scope 1: 14,217 tCO2eRevenue: $M 4,388Scope 1 Intensity: 3.24 tCO2e/$MKarnov GroupYear: 2024Scope 1: 261 tCO2eRevenue: $M 235Scope 1 Intensity: 1.11 tCO2e/$MSKFYear: 2024Scope 1: 45,853 tCO2eRevenue: $M 8,958Scope 1 Intensity: 5.12 tCO2e/$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: $M 371Scope 1 Intensity: 9.69 tCO2e/$MKarnell GroupYear: 2024Scope 1: 1,061 tCO2eRevenue: $M 127Scope 1 Intensity: 8.34 tCO2e/$M

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

In 2024, Karnell Group reported a Scope 1 emissions intensity of 8.34 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.41, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Karnell Group rank on GHG emissions intensity within its industry?

In 2024, Karnell Group ranked 15 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Karnell Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Karnell Group's Total Carbon Footprint

In 2024, Karnell Group reported a total carbon footprint of 89,444 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 66.93% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Karnell Group's total carbon footprint was Scope 3 emissions, accounting for 98% of the company's total carbon footprint, followed by Scope 1 emissions at 1.19%.a

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