Kinnevik AB
Kinnevik's GHG Emissions Data Preview
In 2024, Kinnevik 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).
Kinnevik has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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aVerified Sources Behind Kinnevik’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 Kinnevik’s data sources below and access millions more through our Disclosure Search.
Insights into Kinnevik's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Kinnevik amounted to 7.2 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
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Kinnevik decreased by 21.74%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Kinnevik's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Kinnevik's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Kinnevik were 7.1 metric tons of CO₂ equivalent (tCO₂e).a
Has Kinnevik reduced its Scope 1 emissions over time?
Since 2019, Kinnevik's Scope 1 emissions have decreased by 59.43%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Kinnevik's Scope 1 emissions increased by 61.36%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Kinnevik's Scope 2 emissions?
In 2024, Kinnevik reported Scope 2 greenhouse gas (GHG) emissions of 0.1 tCO₂e using the market-based method.a
Has Kinnevik reduced its Scope 2 emissions over time?
Since 2019, Kinnevik's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 98.55%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Kinnevik's Scope 2 emissions (Market-Based) fell by 97.92% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Kinnevik use for Scope 2 reporting?
In 2024, Kinnevik reported its Scope 2 emissions using the market-based method.a
Kinnevik's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Kinnevik's Value Chain Emissions
In 2024, Kinnevik reported 410.7 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 Kinnevik includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
Kinnevik's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Kinnevik's Scope 3 emissions?
In 2024, Kinnevik reported total Scope 3 emissions of 410.7 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
Has Kinnevik reduced its Scope 3 emissions over time?
Since 2019, Kinnevik's Scope 3 emissions have decreased by 15.48%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Kinnevik's Scope 3 emissions decreased by 99.82%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Kinnevik disclose?
In 2024, Kinnevik reported emissions for 6 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.
What are the main sources of Kinnevik's Scope 3 emissions?
In 2024, the largest contributors to Kinnevik's Scope 3 emissions were:a
- Business Travel (Cat. 6): 280 tCO₂e (68.46%)
- Purchased Goods and Services (Cat. 1): 119.9 tCO₂e (29.32%)
- Fuel- and Energy-Related Services (Cat. 3): 6.7 tCO₂e (1.64%)
Kinnevik's Scope 3 Emissions by Categories
Insights into Kinnevik’s GHG Emissions Intensity Compared to Industry Peers
In 2021, Kinnevik reported Scope 1 greenhouse gas (GHG) emissions of 5.3 tCO₂e and total revenues of USD 1,656 millions. This translates into an emissions intensity of 0 tCO₂e per millions USD.a
Kinnevik's Scope 1 Emissions Intensity Compared to Peers
How does Kinnevik's GHG emissions intensity compare to its peers?
In 2021, Kinnevik reported a Scope 1 emissions intensity of 0 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 Kinnevik rank on GHG emissions intensity within its industry?
In 2021, Kinnevik ranked 2 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Kinnevik among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Kinnevik's Total Carbon Footprint
In 2024, Kinnevik reported a total carbon footprint of 417.9 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.82% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Kinnevik's total carbon footprint was Scope 3 emissions, accounting for 98.28% of the company's total carbon footprint, followed by Scope 1 emissions at 1.7%.a