Lifco AB (publ)

Common Name
Lifco
Country
Sweden
Sector
Industrials
Industry
Conglomerates
Employees
7,424
Ticker
LIFCO B
Exchange
NASDAQ STOCKHOLM AB
Website
lifco.se
Description
Lifco AB (publ) engages in the dental, demolition and tools, and systems solutions businesses in Sweden, Norway, Germany, rest of Europe, the United Kingdom, Asia, Australia, Italy, North America, and...

Lifco's GHG Emissions Data Preview

In 2023, Lifco 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).

Lifco has also provided a category-level breakdown for 3 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 Lifco's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Lifco amounted to 16,033 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 Lifco decreased by 1.97%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Lifco's Scope 1 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e-11%+23%+12%+11%
  • Total Scope 1
  • Year-over-Year Change

What are Lifco's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Lifco were 8,609 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Lifco reduced its Scope 1 emissions over time?

Since 2019, Lifco's Scope 1 emissions have increased by 36.05%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Lifco's Scope 1 emissions increased by 11.23%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Lifco's Scope 2 emissions?

In 2023, Lifco reported Scope 2 greenhouse gas (GHG) emissions of 7,424 tCOâ‚‚e using the market-based method.

Has Lifco reduced its Scope 2 emissions over time?

Since 2019, Lifco's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 31.57%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Lifco's Scope 2 emissions (Market-Based) fell by 13.82% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Lifco use for Scope 2 reporting?

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

Lifco's Scope 2 Emissions Over Time

2019202020212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 Market-Based

Insights into Lifco's Value Chain Emissions

In 2023, Lifco reported 13,251 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 Lifco includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Lifco's Scope 3 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e-26%+16%+30%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Lifco's Scope 3 emissions?

In 2023, Lifco reported total Scope 3 emissions of 13,251 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has Lifco reduced its Scope 3 emissions over time?

Since 2019, Lifco's Scope 3 emissions have increased by 20.58%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Lifco's Scope 3 emissions remained relatively stable, indicating that Lifco 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Lifco disclose?

In 2023, Lifco reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Lifco's Scope 3 emissions?

In 2023, the largest contributors to Lifco's Scope 3 emissions were:

  • Employee Commuting (Cat. 7): 6,753 tCOâ‚‚e (50.96%)
  • Fuel- and Energy-Related Services (Cat. 3): 3,723 tCOâ‚‚e (28.1%)
  • Business Travel (Cat. 6): 2,775 tCOâ‚‚e (20.94%)

Lifco's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(28.1%)Business Travel(Cat. 6)(20.9%)Employee Commuting(Cat. 7)(51.0%)

Insights into Lifco's Total Carbon Footprint

In 2023, Lifco reported a total carbon footprint of 29,284 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.83% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Lifco's total carbon footprint was Scope 3 emissions, accounting for 45.25% of the company's total carbon footprint, followed by Scope 1 emissions at 29.4%.

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