Vestum AB (publ)
Vestum's GHG Emissions Data Preview
In 2024, Vestum 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).
Vestum has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
a
a
a
a
aVerified Sources Behind Vestum’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 Vestum’s data sources below and access millions more through our Disclosure Search.
Insights into Vestum's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Vestum amounted to 4,473 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 2023, the total operational greenhouse gas (GHG) emissions of Vestum increased by 3.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Vestum's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Vestum's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Vestum were 4,350 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Vestum's Scope 1 emissions increased by 2.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Vestum's Scope 2 emissions?
In 2024, Vestum reported Scope 2 greenhouse gas (GHG) emissions of 641 tCO₂e using the market-based method and 123 tCO₂e using the location-based method.a
Has Vestum reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Vestum's Scope 2 emissions (Location-Based) rose by 70.83% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Vestum use for Scope 2 reporting?
In 2024, Vestum reported its Scope 2 emissions using the market-based method and using the location-based method.a
Vestum's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Vestum's Value Chain Emissions
In 2024, Vestum reported 69,430 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 2024 disclosure of Vestum includes a breakdown across 5 of 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
Vestum's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Vestum's Scope 3 emissions?
In 2024, Vestum reported total Scope 3 emissions of 69,430 metric tons of CO₂ equivalent (tCO₂e).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
Compared to the previous year (2023), Vestum's Scope 3 emissions increased by 10.19%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Vestum disclose?
In 2024, Vestum reported emissions for 5 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 Vestum's Scope 3 emissions?
In 2024, the largest contributors to Vestum's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 64,467 tCO₂e (92.85%)
- Upstream Transportation and Distribution (Cat. 4): 3,698 tCO₂e (5.33%)
- Fuel- and Energy-Related Services (Cat. 3): 1,129 tCO₂e (1.63%)
Vestum's Scope 3 Emissions by Categories
Insights into Vestum’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Vestum reported Scope 1 greenhouse gas (GHG) emissions of 4,350 tCO₂e and total revenues of USD 385 millions. This translates into an emissions intensity of 11.29 tCO₂e per millions USD.a
Vestum's Scope 1 Emissions Intensity Compared to Peers
How does Vestum's GHG emissions intensity compare to its peers?
In 2024, Vestum reported a Scope 1 emissions intensity of 11.29 tCO₂e per millions USD. Compared to the peer group median of 8.21, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Vestum rank on GHG emissions intensity within its industry?
In 2024, Vestum ranked 18 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Vestum is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Vestum's Total Carbon Footprint
In 2024, Vestum reported a total carbon footprint of 73,903 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.75% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Vestum's total carbon footprint was Scope 3 emissions, accounting for 93.95% of the company's total carbon footprint, followed by Scope 1 emissions at 5.89%.a