Kinnevik AB
Kinnevik's GHG Emissions Data Preview
In 2023, 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 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified 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 2023, the total operational greenhouse gas (GHG) emissions of Kinnevik amounted to 9.2 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 2022, the total operational greenhouse gas (GHG) emissions of Kinnevik decreased by 15.6%, 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 2023, the total Scope 1 emissions of Kinnevik were 4.4 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 74.86%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Kinnevik's Scope 1 emissions decreased by 42.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Kinnevik's Scope 2 emissions?
In 2023, Kinnevik reported Scope 2 greenhouse gas (GHG) emissions of 4.8 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 30.43%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Kinnevik's Scope 2 emissions (Market-Based) rose by 50% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Kinnevik use for Scope 2 reporting?
In 2023, 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 2023, Kinnevik reported 257,550.1 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 2023 disclosure of Kinnevik includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Kinnevik's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Kinnevik's Scope 3 emissions?
In 2023, Kinnevik reported total Scope 3 emissions of 257,550.1 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.87% 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 increased by 52,904.75%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Kinnevik's Scope 3 emissions decreased by 55.23%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
What categories of Scope 3 emissions does Kinnevik disclose?
In 2023, Kinnevik reported emissions for 8 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 2023, the largest contributors to Kinnevik's Scope 3 emissions were: a
- Investments (Cat. 15): 257,210 tCO₂e (99.87%)
- Business Travel (Cat. 6): 257.8 tCO₂e (0.1%)
- Purchased Goods and Services (Cat. 1): 71.2 tCO₂e (0.03%)
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 0.11 , 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 4 out of 17 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 2023, Kinnevik reported a total carbon footprint of 257,559.3 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 55.22% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Kinnevik's total carbon footprint was Scope 3 emissions, accounting for 100% of the company's total carbon footprint, followed by Scope 2 emissions at 0%. a