Kinnevik AB

Common Name
Kinnevik
Country
Sweden
Sector
Financial Services
Industry
Asset Management
Employees
47
Ticker
KINV B
Exchange
NASDAQ STOCKHOLM AB
Description
Kinnevik AB is a venture capital firm specializing in investments in early to late venture and growth capital. The firm also prefers indirect investments in venture capital funds. It prefers to invest...

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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

Kinnevik's Scope 1 Emissions Over Time

2019202020212022202305101520tCO2e-33%-55%+45%-43%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Kinnevik's Scope 2 emissions?

In 2023, Kinnevik reported Scope 2 greenhouse gas (GHG) emissions of 4.8 tCOâ‚‚e using the market-based method.

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.

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

What methodology does Kinnevik use for Scope 2 reporting?

In 2023, Kinnevik reported its Scope 2 emissions using the market-based method.

Kinnevik's Scope 2 Emissions Over Time

2019202020212022202302468tCO2e
  • Total Scope 2 Market-Based

Insights into Kinnevik's Value Chain Emissions

In 2023, Kinnevik reported 257,550.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

Kinnevik's Scope 3 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e-85%+9%+722532%-55%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

  • Investments (Cat. 15): 257,210 tCOâ‚‚e (99.87%)
  • Business Travel (Cat. 6): 257.8 tCOâ‚‚e (0.1%)
  • Purchased Goods and Services (Cat. 1): 71.2 tCOâ‚‚e (0.03%)

Kinnevik's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.9%)

Insights into Kinnevik's Total Carbon Footprint

In 2023, Kinnevik reported a total carbon footprint of 257,559.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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