Kinnevik Results Presentation Deck
KINNEVIK HAS SET TWO EMISSIONS REDUCTION TARGETS IN LINE WITH THE PARIS
AGREEMENT AND THE 1.5°C AMBITION
Climate
Targets
Description
Actions
1
Climate Targets for Kinnevik and Our Portfolio
Announced in May 2020
Net zero greenhouse gas emissions from
Kinnevik's own operations and business travel
by 2020
(Scope 1, 2 and business travel)
Reduce Kinnevik's own greenhouse gas emissions to as close to
zero as possible, and offset emissions from business trips and other
unavoidable emissions to achieve net zero emissions.
Reduce Kinnevik's own emissions through an internal footprint
reduction overview
Offset emissions from business trips and other unavoidable
emissions through a permanent greenhouse gas removal
program
Issue a TCFD report (Task Force on Climate-related Financial
Disclosures) and report to CDP (the Carbon Disclosure Project)
■
2
I
The reduction target for the
portfolio is the key focus of our
environmental efforts
Ensure all portfolio companies set relevant climate targets across their
operations and value chains to align with actions needed to limit global
temperature rise to 1.5°C above pre-industrial levels. Due to the high growth
nature of many of our companies, their emissions will be measured in
relation to the development of relevant economic and physical metrics (e.g.
per unit of revenue or per product).
50% reduction in greenhouse gas emission intensity in
Kinnevik's portfolio by 2030 compared to 2020
(Majority of Scope 3)
Implement a greenhouse gas emissions reporting tool in all Kinnevik's
portfolio companies
Assist companies in setting relevant climate targets and defining a
roadmap to reach the targets
Drive tailored transformation programs for select companies
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