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Verve Group SE

Common Name
Verve Group
Country
Sweden
Sector
Technology
Industry
Software - Application
Employees
1,041
Ticker
VER
Exchange
FIRST NORTH SWEDEN
Description
Verve Group SE is a Sweden-based digital media company specializing in AI-driven ad-software solutions within the advertising technology sector. It operates Demand Side Platforms (DSP) that enable adv...

Verve Group's GHG Emissions Data Preview

In 2025, Verve Group 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).

Verve Group 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)202520242023
2022 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Verve Group’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2024, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Verve Group’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 Verve Group’s data sources below and access millions more through our Disclosure Search.

a. Verve Group's Annual Report 2025
b. Verve Group's Annual Report 2024

Insights into Verve Group's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Verve Group amounted to 376.97 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 2024, the total operational greenhouse gas (GHG) emissions of Verve Group increased by 2.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Verve Group's Scope 1 Emissions Over Time

2024202502468tCO2e+10%
  • Total Scope 1
  • Year-over-Year Change

What are Verve Group's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Verve Group were 5.62 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2024), Verve Group's Scope 1 emissions increased by 9.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Verve Group's Scope 2 emissions?

In 2025, Verve Group reported Scope 2 greenhouse gas (GHG) emissions of 216 tCO₂e using the market-based method and 371.35 tCO₂e using the location-based method.a

Has Verve Group reduced its Scope 2 emissions over time?

Compared to the previous year (2024), Verve Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Verve Group's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Verve Group use for Scope 2 reporting?

In 2025, Verve Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Verve Group's Scope 2 Emissions Over Time

20242025095190285380tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Verve Group's Value Chain Emissions

In 2025, Verve Group reported 36,117.6 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 2025 disclosure of Verve Group includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Verve Group's Scope 3 Emissions Over Time

2024202509.5 k19 k28.5 k38 ktCO2e+41%
  • Total Scope 3
  • Year-over-Year Change

What are Verve Group's Scope 3 emissions?

In 2025, Verve Group reported total Scope 3 emissions of 36,117.6 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 91.43% of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.57% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2024), Verve Group's Scope 3 emissions increased by 41.25%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Verve Group disclose?

In 2025, Verve Group reported emissions for 7 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 Verve Group's Scope 3 emissions?

In 2025, the largest contributors to Verve Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 31,115.02 tCO₂e (86.15%)
  • Use of Sold Products (Cat. 11): 3,096.03 tCO₂e (8.57%)
  • Business Travel (Cat. 6): 997.14 tCO₂e (2.76%)

Verve Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(8.6%)Purchased Goods andServices (Cat. 1)(86.2%)Business Travel(Cat. 6)(2.8%)

Insights into Verve Group’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Verve Group reported Scope 1 greenhouse gas (GHG) emissions of 5.62 tCO₂e and total revenues of USD 646 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD.a

Verve Group's Scope 1 Emissions Intensity Compared to Peers

5201001,0005,000Scope 1 Emissions (tCO2e)201002001,0005,000Revenues (Millions of USD)BSEVitec Software GroupYear: 2025Scope 1: 228 tCO2eRevenue: $M 395Scope 1 Intensity: 0.58 tCO2e/$MObicYear: 2024Scope 1: 218 tCO2eRevenue: $M 737Scope 1 Intensity: 0.30 tCO2e/$MBlackbaudYear: 2024Scope 1: 52 tCO2eRevenue: $M 1,156Scope 1 Intensity: 0.05 tCO2e/$MDayforceYear: 2024Scope 1: 230 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.13 tCO2e/$MSoftwareOne HoldingYear: 2024Scope 1: 2,188 tCO2eRevenue: $M 1,121Scope 1 Intensity: 1.95 tCO2e/$MBBBlackLineYear: 2023Scope 1: 17 tCO2eRevenue: $M 590Scope 1 Intensity: 0.03 tCO2e/$MSSSPS CommerceYear: 2023Scope 1: 160 tCO2eRevenue: $M 537Scope 1 Intensity: 0.30 tCO2e/$MShanghai Baosight SoftwareYear: 2024Scope 1: 189 tCO2eRevenue: $M 1,870Scope 1 Intensity: 0.10 tCO2e/$MNewborn TownYear: 2023Scope 1: 16 tCO2eRevenue: $M 466Scope 1 Intensity: 0.03 tCO2e/$MElasticYear: 2025Scope 1: 241 tCO2eRevenue: $M 1,483Scope 1 Intensity: 0.16 tCO2e/$MBrazeYear: 2025Scope 1: 152 tCO2eRevenue: $M 738Scope 1 Intensity: 0.21 tCO2e/$MAsiaInfo TechnologiesYear: 2023Scope 1: 474 tCO2eRevenue: $M 1,110Scope 1 Intensity: 0.43 tCO2e/$MATOSS SoftwareYear: 2024Scope 1: 679 tCO2eRevenue: $M 178Scope 1 Intensity: 3.82 tCO2e/$MHubexo Nordic HoldCoYear: 2023Scope 1: 279 tCO2eRevenue: $M 274Scope 1 Intensity: 1.02 tCO2e/$MPlaniswareYear: 2025Scope 1: 7 tCO2eRevenue: $M 232Scope 1 Intensity: 0.03 tCO2e/$MEEEskerYear: 2023Scope 1: 203 tCO2eRevenue: $M 198Scope 1 Intensity: 1.03 tCO2e/$MBentley SystemsYear: 2024Scope 1: 1,604 tCO2eRevenue: $M 1,353Scope 1 Intensity: 1.19 tCO2e/$MTotvsYear: 2024Scope 1: 1,774 tCO2eRevenue: $M 796Scope 1 Intensity: 2.23 tCO2e/$MRibbon CommunicationsYear: 2023Scope 1: 2,124 tCO2eRevenue: $M 826Scope 1 Intensity: 2.57 tCO2e/$MLime TechnologiesYear: 2024Scope 1: 6 tCO2eRevenue: $M 62Scope 1 Intensity: 0.10 tCO2e/$MVerve GroupYear: 2025Scope 1: 6 tCO2eRevenue: $M 646Scope 1 Intensity: 0.01 tCO2e/$M

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

In 2025, Verve Group reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 0.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Verve Group rank on GHG emissions intensity within its industry?

In 2025, Verve Group ranked 1 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Verve Group among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Verve Group's Total Carbon Footprint

In 2025, Verve Group reported a total carbon footprint of 36,494.57 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 40.7% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Verve Group's total carbon footprint was Scope 3 emissions, accounting for 98.97% of the company's total carbon footprint, followed by Scope 2 emissions at 1.02%.a

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