EQT AB (publ), a leading global investment firm headquartered in Stockholm, Sweden, has established itself as a prominent player in the private equity and infrastructure sectors. Founded in 1994, EQT has expanded its operations across Europe, North America, and Asia, focusing on sectors such as technology, healthcare, and renewable energy. The firm is renowned for its unique approach to value creation, leveraging deep industry expertise and a strong network to drive growth in its portfolio companies. EQT's commitment to sustainability and responsible investing further distinguishes it in the competitive landscape. With a robust track record of successful investments and notable achievements, EQT continues to solidify its market position as a trusted partner for investors and businesses alike.
How does EQT AB (publ)'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
EQT AB (publ)'s score of 52 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, EQT AB (publ) reported total carbon emissions of approximately 24,340,000 kg CO2e. This figure includes Scope 1 emissions of about 36,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 397,000 kg CO2e from purchased heat. The majority of their emissions, around 23,907,000 kg CO2e, fall under Scope 3, specifically from business travel. Comparatively, in 2022, EQT's total emissions were about 18,189,000 kg CO2e, with Scope 1 emissions at 94,000 kg CO2e, Scope 2 emissions at approximately 264,000 kg CO2e, and Scope 3 emissions reaching about 17,831,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. EQT has set ambitious reduction targets, aiming for a 36% absolute reduction in Scope 1 and 2 emissions by 2027, and a further 42% reduction by 2030. Additionally, they are committed to reducing emissions from office energy consumption by 50% by 2030. Furthermore, EQT has pledged to align its portfolio companies with 1.5°C decarbonisation plans by 2040. EQT's Science-Based Targets initiative (SBTi) commitments include achieving SBTs across its listed and private equity and real estate portfolios by 2030, covering 98% of its total investment and lending activities as of December 31, 2020. These targets are designed to ensure that emissions from company operations (Scopes 1 and 2) are consistent with the reductions necessary to limit global warming to 1.5°C. Overall, EQT AB (publ) is actively working towards significant emissions reductions while supporting its portfolio companies in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 128,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 277,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 12,593,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
EQT AB (publ) is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
