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Karnov Group AB (publ)

Common Name
Karnov Group
Country
Sweden
Sector
Industrials
Industry
Specialty Business Services
Employees
1,200
Ticker
KAR
Exchange
NASDAQ STOCKHOLM AB
Description
Karnov Group AB is a leading provider of legal and tax information services across Scandinavia. Its primary function is to deliver comprehensive legal, regulatory, and professional information service...

Karnov Group's GHG Emissions Data Preview

In 2024, Karnov 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).

Karnov Group 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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0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
0000000
Total Scope 3
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Karnov 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 Karnov Group’s data sources below and access millions more through our Disclosure Search.

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

Insights into Karnov Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofKarnov Group amounted to475metric 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 Karnov Groupdecreased by 11.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Karnov Group's Scope 1 Emissions Over Time

20212022202320240150300450600tCO2e+33%+100150%-35%
  • Total Scope 1
  • Year-over-Year Change

What are Karnov Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Karnov Group were 261 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Karnov Group reduced its Scope 1 emissions over time?

Since 2021, Karnov Group's Scope 1 emissions have increased by 86,900%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Karnov Group's Scope 1 emissions decreased by 34.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Karnov Group's Scope 2 emissions?

In 2024, Karnov Group reported Scope 2 greenhouse gas (GHG) emissions of 214 tCOâ‚‚e without specifying the calculation method.a

Has Karnov Group reduced its Scope 2 emissions over time?

Since 2021, Karnov Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 275.44%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Karnov Group's Scope 2 emissions(Unspecified Calculation Method) rose by 58.52% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Karnov Group use for Scope 2 reporting?

In 2024, Karnov Group reported its Scope 2 emissions using an unspecified methodology.a

Karnov Group's Scope 2 Emissions Over Time

2021202220232024055110165220tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Karnov Group's Value Chain Emissions

In 2024, Karnov Group reported 1,725 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 Karnov Group includes a breakdown across 2of 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

Karnov Group's Scope 3 Emissions Over Time

202120222023202404509001.35 k1.8 ktCO2e+103%+237%+15%
  • Total Scope 3
  • Year-over-Year Change

What are Karnov Group's Scope 3 emissions?

In 2024, Karnov Group reported total Scope 3 emissions of 1,725 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

Has Karnov Group reduced its Scope 3 emissions over time?

Since 2021, Karnov Group's Scope 3 emissionshave increased by 691.28%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Karnov Group's Scope 3 emissions increased by 15.38%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Karnov Group disclose?

In 2024, Karnov Group reported emissions for 2 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 Karnov Group's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 861 tCOâ‚‚e(61.99%)
  • Business Travel (Cat. 6): 528 tCOâ‚‚e(38.01%)

Karnov Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(62.0%)Business Travel(Cat. 6)(38.0%)

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

In 2024, Karnov Group reported Scope 1 greenhouse gas (GHG) emissions of 261 tCOâ‚‚e and total revenues of USD 235 millions. This translates into an emissions intensity of 1.11 tCOâ‚‚e per millions USD.a

Karnov Group's Scope 1 Emissions Intensity Compared to Peers

505005,00050,000500,000Scope 1 Emissions (tCO2e)202001,0005,00050,000Revenues (Millions of USD)ABHCAlligoYear: 2024Scope 1: 2,102 tCO2eRevenue: $M 847Scope 1 Intensity: 2.48 tCO2e/$MAAAbsolent Air Care GroupYear: 2024Scope 1: 469 tCO2eRevenue: $M 127Scope 1 Intensity: 3.69 tCO2e/$MSvedbergs GroupYear: 2024Scope 1: 629 tCO2eRevenue: $M 198Scope 1 Intensity: 3.17 tCO2e/$MCoorYear: 2024Scope 1: 2,196 tCO2eRevenue: $M 1,129Scope 1 Intensity: 1.95 tCO2e/$MBBBerner IndustrierYear: 2024Scope 1: 188 tCO2eRevenue: $M 87Scope 1 Intensity: 2.15 tCO2e/$MHHHAKI SafetyYear: 2024Scope 1: 650 tCO2eRevenue: $M 95Scope 1 Intensity: 6.82 tCO2e/$MCCCavotec GroupYear: 2024Scope 1: 307 tCO2eRevenue: $M 2,001Scope 1 Intensity: 0.15 tCO2e/$MStudsvikYear: 2024Scope 1: 721 tCO2eRevenue: $M 81Scope 1 Intensity: 8.90 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MRejlersYear: 2024Scope 1: 316 tCO2eRevenue: $M 402Scope 1 Intensity: 0.79 tCO2e/$MElectrolux ProfessionalYear: 2024Scope 1: 2,159 tCO2eRevenue: $M 1,142Scope 1 Intensity: 1.89 tCO2e/$MSdiptechYear: 2024Scope 1: 4,974 tCO2eRevenue: $M 469Scope 1 Intensity: 10.61 tCO2e/$MHusqvarnaYear: 2024Scope 1: 14,217 tCO2eRevenue: $M 4,388Scope 1 Intensity: 3.24 tCO2e/$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: $M 5,561Scope 1 Intensity: 31.65 tCO2e/$MRatosYear: 2024Scope 1: 14,848 tCO2eRevenue: $M 2,915Scope 1 Intensity: 5.09 tCO2e/$MVestumYear: 2024Scope 1: 4,350 tCO2eRevenue: $M 385Scope 1 Intensity: 11.29 tCO2e/$MNordic Waterproofing HoldingYear: 2024Scope 1: 3,599 tCO2eRevenue: $M 371Scope 1 Intensity: 9.69 tCO2e/$MFagerhult GroupYear: 2024Scope 1: 7,245 tCO2eRevenue: $M 754Scope 1 Intensity: 9.61 tCO2e/$MMycronicYear: 2024Scope 1: 497 tCO2eRevenue: $M 640Scope 1 Intensity: 0.78 tCO2e/$MKarnov GroupYear: 2024Scope 1: 261 tCO2eRevenue: $M 235Scope 1 Intensity: 1.11 tCO2e/$M

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

In 2024, Karnov Group reported a Scope 1 emissions intensity of 1.11 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.12, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Karnov Group ranked 4 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Karnov Group's Total Carbon Footprint

In 2024, Karnov Group reported a total carbon footprint of 2,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.32% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Karnov Group's total carbon footprint was Scope 3 emissions, accounting for 78.41% of the company's total carbon footprint, followed by Scope 1 emissions at 11.86%.a

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