Kinnevik Results Presentation Deck
KINNEVIK ACHIEVED ITS CLIMATE TARGET FOR THE PORTFOLIO IN 2021
■
In our first Climate Progress Report published
end of June, we follow-up on the fulfilment of
Kinnevik's annual intensity reduction target
for the portfolio, and report on the
performance against the Climate
Sustainability Performance Target of our
outstanding Sustainability Linked Bonds
Between 2020 and 2021, the six companies in
Kinnevik's portfolio reporting emissions have
decreased their emissions intensity by 11%,
thus achieving our annual target of 7%
■ Tele2 and GFG were the largest contributors
to the overall reduction in 2021, due to their
relatively large weight in our portfolio as well
as their strong performance in decreasing
emissions intensity. Meanwhile, Budbee and
TravelPerk had the largest relative intensity
decrease among the companies
Climate Progress Report
On Track to Reach Our Long-Term Target
11%
50%
The emission-reporting companies in Kinnevik's portfolio
decreased their emissions intensity by 11% between
2020 and 2021, thus achieving our target of 7%
Kinnevik's long-term target is a 50% emissions
intensity reduction by 2030 compared to 2020
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