Kinnevik Results Presentation Deck slide image

Kinnevik Results Presentation Deck

Intro Net Asset Value KINNEVIK HAS PUBLISHED ITS INAGURAL CLIMATE PROGRESS REPORT 11% Between 2020 and 2021, the emissions- reporting companies in Kinnevik's portfolio have decreased their emissions intensity by 11%, thus achieving our annual target of 7% KINNEVIK Portfolio Overview "Climate change is one of the greatest global environmental and economic challenges of our time and we have a unique position to influence our companies to become sustainability leaders and to align with a low- carbon future. I am proud of the progress made in our portfolio companies and impressed by their ability to scale rapidly while decreasing greenhouse gas emission intensity. With this report we also want to increase transparency towards Kinnevik's stakeholders and drive the development in our sector with regards to emis- sion disclosure and target follow-up." Sustainability Interim Report. Q2 2022 Georgi Ganev, CEO of Kinnevik 50% Our long-term target is a 50% reduction in greenhouse gas emission intensity in Kinnevik's portfolio by 2030 compared to 2020 Financial Statements Other Highlights from the Climate Progress Report 2021 Kinnevik set two climate targets in May 2020, a net zero tar- get for our operations excluding the portfolio and a target to achieve 50% reduction in greenhouse gas emission in- tensity in Kinnevik's portfolio by 2030 compared to 2020. In 2021, the portfolio climate target was integrated into our Sustainability-Linked Financing Framework and translated into an annual reduction target, namely, to achieve a reduc- tion in greenhouse gas emissions intensity in the portfolio by 7% annually, until 2030 The objective of our inaugural Climate Progress Report is to follow-up on the fulfilment of Kinnevik's annual intensity re- duction target and report on the performance against the Climate Sustainability Performance Target of our outstan- ding Sustainability Linked Bonds Between 2020 and 2021, the six companies in Kinnevik's portfolio reporting emissions have on aggregate and on a value-weighted basis, decreased their emissions intensity by 11%, thus achieving our target for 2021 In addition to the main objective to follow-up on our climate target for the portfolio, the Climate Progress Report also includes an overview of the total emissions from Kinnevik's portfolio. The overview includes the actual carbon dioxide equivalents of our emissions-reporting companies as well as an estimate of the scope 1 and 2 emissions from our lar- gest non-reporting portfolio companies The full Climate Progress Report 2021 is available on www.kinnevik.com. 19
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