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Sofina SA

Common Name
Sofina
Country
Belgium
Sector
Financial Services
Industry
Asset Management
Employees
81
Ticker
SOF
Exchange
EURONEXT
Description
Sofina SA is a diversified investment company headquartered in Belgium, known for its strategic investment approach across various sectors. The company's primary mission is to create long-term value b...

Sofina's GHG Emissions Data Preview

In 2024, Sofina 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).

Sofina has also provided a category-level breakdown for 1 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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a
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a
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c
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Sofina’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 Sofina’s data sources below and access millions more through our Disclosure Search.

a. Sofina's Annual Report 2024
a. Sofina's Annual Report 2024
b. Sofina's Annual Report 2023
b. Sofina's Annual Report 2023
c. Sofina's Annual Report 2022
c. Sofina's Annual Report 2022

Insights into Sofina's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSofina amounted to223metric 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 Sofinadecreased by 17.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Sofina's Scope 1 Emissions Over Time

2021202220232024055110165220tCO2e-1%+13%-27%
  • Total Scope 1
  • Year-over-Year Change

What are Sofina's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sofina were 158 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Sofina reduced its Scope 1 emissions over time?

Since 2021, Sofina's Scope 1 emissions have decreased by 18.01%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Sofina's Scope 1 emissions decreased by 26.85%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Sofina's Scope 2 emissions?

In 2024, Sofina reported Scope 2 greenhouse gas (GHG) emissions of 25 tCOâ‚‚e using the market-based method and 65 tCOâ‚‚e using the location-based method.a

Has Sofina reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Sofina's Scope 2 emissions(Location-Based) rose by 18.18% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Sofina use for Scope 2 reporting?

In 2024, Sofina reported its Scope 2 emissions using the market-based method and using the location-based method.a

Sofina's Scope 2 Emissions Over Time

2021202220232024020406080tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sofina's Value Chain Emissions

In 2024, Sofina reported 2,328 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 Sofina includes a breakdown across 1of 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

Sofina's Scope 3 Emissions Over Time

202120222023202406001.2 k1.8 k2.4 ktCO2e+605%+35%+178%
  • Total Scope 3
  • Year-over-Year Change

What are Sofina's Scope 3 emissions?

In 2024, Sofina reported total Scope 3 emissions of 2,328 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 Sofina reduced its Scope 3 emissions over time?

Since 2021, Sofina's Scope 3 emissionshave increased by 2,551.48%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), Sofina's Scope 3 emissions increased by 177.8%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Sofina disclose?

In 2024, Sofina reported emissions for 1 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 Sofina's Scope 3 emissions?

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

  • Business Travel (Cat. 6): 669 tCOâ‚‚e(100%)

Sofina's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Sofina’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Sofina reported Scope 1 greenhouse gas (GHG) emissions of 158 tCOâ‚‚e and total revenues of USD 1,481 millions. This translates into an emissions intensity of 0.11 tCOâ‚‚e per millions USD.a

Sofina's Scope 1 Emissions Intensity Compared to Peers

0.2201,000100,0005,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)PPBJPPPeugeot InvestYear: 2024Scope 1: 17 tCO2eRevenue: $M 297Scope 1 Intensity: 0.06 tCO2e/$MAJ BellYear: 2024Scope 1: 182 tCO2eRevenue: $M 361Scope 1 Intensity: 0.50 tCO2e/$MGroep Brussel LambertYear: 2024Scope 1: 1,288,425 tCO2eRevenue: $M 6,365Scope 1 Intensity: 202.41 tCO2e/$MCoronation Fund ManagersYear: 2023Scope 1: 116 tCO2eRevenue: $M 193Scope 1 Intensity: 0.60 tCO2e/$MMan GroupYear: 2024Scope 1: 533 tCO2eRevenue: $M 1,059Scope 1 Intensity: 0.50 tCO2e/$MSEI InvestmentsYear: 2023Scope 1: 117 tCO2eRevenue: $M 1,921Scope 1 Intensity: 0.06 tCO2e/$MVontobel HoldingYear: 2024Scope 1: 308 tCO2eRevenue: $M 1,567Scope 1 Intensity: 0.20 tCO2e/$MPPPolar Capital HoldingsYear: 2025Scope 1: 37 tCO2eRevenue: $M 287Scope 1 Intensity: 0.13 tCO2e/$MHDFC Asset ManagementYear: 2024Scope 1: 267 tCO2eRevenue: $M 310Scope 1 Intensity: 0.86 tCO2e/$MCatellaYear: 2024Scope 1: 161 tCO2eRevenue: $M 201Scope 1 Intensity: 0.80 tCO2e/$M360 One WamYear: 2025Scope 1: 0 tCO2eRevenue: $M 300Scope 1 Intensity: 0.00 tCO2e/$MBBBlue CapYear: 2024Scope 1: 1,502 tCO2eRevenue: $M 214Scope 1 Intensity: 7.01 tCO2e/$MJJJupiter Fund ManagementYear: 2024Scope 1: 66 tCO2eRevenue: $M 505Scope 1 Intensity: 0.13 tCO2e/$MIndustrivardenYear: 2024Scope 1: 13 tCO2eRevenue: $M 1,161Scope 1 Intensity: 0.01 tCO2e/$MNippon Life India AMCYear: 2025Scope 1: 72 tCO2eRevenue: $M 261Scope 1 Intensity: 0.28 tCO2e/$MMLPYear: 2023Scope 1: 1,829 tCO2eRevenue: $M 1,070Scope 1 Intensity: 1.71 tCO2e/$MAditya Birla Sun Life AMCYear: 2025Scope 1: 0 tCO2eRevenue: $M 190Scope 1 Intensity: 0.00 tCO2e/$MLeonteqYear: 2024Scope 1: 2 tCO2eRevenue: $M 236Scope 1 Intensity: 0.01 tCO2e/$MRIT Capital PartnersYear: 2024Scope 1: 29 tCO2eRevenue: $M 431Scope 1 Intensity: 0.07 tCO2e/$MSofinaYear: 2024Scope 1: 158 tCO2eRevenue: $M 1,481Scope 1 Intensity: 0.11 tCO2e/$M

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

In 2024, Sofina reported a Scope 1 emissions intensity of 0.11 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.2, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Sofina rank on GHG emissions intensity within its industry?

In 2024, Sofina ranked 8 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Sofina is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Sofina's Total Carbon Footprint

In 2024, Sofina reported a total carbon footprint of 2,551 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 130.03% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Sofina's total carbon footprint was Scope 3 emissions, accounting for 91.26% of the company's total carbon footprint, followed by Scope 1 emissions at 6.19%.a

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