Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markeder
    • Aktieoversigt
    • Finanskalender
    • Dividends Calendar
    • Research
    • Artikler
  • InderesTV
  • Forum
  • Om os
    • Fulgte selskaber
    • Team
Pressemeddelelse

Kinnevik publishes Climate Progress Report 2022

Kinnevik

Kinnevik AB (publ) (“Kinnevik”) today published its annual Climate Progress Report to follow up on the fulfilment of the climate target for the portfolio. In 2022, the year-over-year decrease in portfolio emissions intensity was 14%, thus exceeding the annual target of 7%.

One of Kinnevik’s climate targets is to reduce greenhouse gas emission intensity in our portfolio by 50% in 2030, with 2020 as base year. The target has been integrated into our Sustainability-Linked Financing Framework and translated to an annual reduction target, namely, to achieve a reduction in portfolio emissions intensity of 7% year-over-year until 2030. Today, we publish our Climate Progress Report to follow up on the fulfilment of our climate target for the portfolio and to report on the performance against the Climate Sustainability Performance Target of our outstanding Sustainability-Linked Bonds (ISIN SE0013360534 and ISIN SE0013360542).

In 2022, on a fair value basis, the year-over-year decrease in portfolio emissions intensity was 14%. Since the base year 2020, the average annual decrease in emissions intensity was 12%. Thus, in 2022 we exceeded our target both year-over-year and on average annual basis.

Georgi Ganev, Kinnevik’s CEO, commented: “The urgency of the climate crisis is evident and the expectations on companies from customers, employees, investors and regulators are increasing rapidly. I’m proud of our portfolio companies’ ability to continue scaling and contributing to economic growth, while decreasing their dependency on fossil fuels and aligning their operations with a low-carbon economy.”

The Climate Progress Report also includes an overview of the total estimated emissions from Kinnevik’s portfolio. The overview includes the actual emissions from our emissions-reporting companies (scope 1, 2 and 3) and an estimate of the emissions from our largest non-reporting portfolio companies (scope 1 and 2, consistent with the PCAF Standard). The full report is available on our website www.kinnevik.com.

For further information, visit www.kinnevik.com or contact:


Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com

Kinnevik’s ambition is to be Europe’s leading listed growth investor. We back the best digital companies for a reimagined everyday and to deliver significant returns. We understand complex and fast-changing consumer behaviours, and have a strong and expanding portfolio in healthcare, software, marketplaces and climate tech. As a long-term investor, we strongly believe that investing in sustainable business models and diverse teams will bring the greatest returns for shareholders. We back our companies at every stage of their journey and invest in Europe and the US. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

Attachments


Kinnevik Climate Progress Report 2022

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Tag kontakt
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • Om os
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Servicevilkår
  • Privatlivspolitik
  • Disclaimer
Inderes’ ansvarsfraskrivelse kan findes her. Detaljeret information om hver aktie, der aktivt overvåges af Inderes og HC Andersen Capital, er tilgængelig på de virksomhedsspecifikke sider på Inderes' hjemmeside. © Inderes Oyj. All rights reserved.
  • Latest
  • Markeder
    • Aktieoversigt
    • Finanskalender
    • Dividends Calendar
    • Research
    • Artikler
  • InderesTV
  • Forum
  • Om os
    • Fulgte selskaber
    • Team