Reducing climate impact
The environmental consequences of climate change are affecting day-to-day business operations and prompting companies to take action. By adopting an environmental approach, Nordic Capital continues to encourage its portfolio companies to take a preventative approach, ensuring resource-efficient practices and disclosing information on climate change mitigation.
17.5: Tco2E carbon intensity per MEUR of portfolio sales*.
258,424 : Tco2E of total emissions from the portfolio.
52% of companies in the portfolio have set climate targets for reducing carbon emissions.
Emissions from Nordic Capital *
Nordic Capital seeks to act as a role model by measuring, acting and raising environmental awareness within its own organization. The management company has a clear commitment to reducing its carbon emissions and offsetting all its emissions on an annual basis.
90%: business travel.
4%: energy consumption
4%: IT equipment.
1%: commuting.
1%: other.
Achieving carbon neutrality
Nordic Capital recognizes its responsibility in managing its operations by focusing on reducing its share of greenhouse gas emissions. Nordic Capital has been engaged since 2018 with a third-party agent to measure and offset its greenhouse gas emissions, becoming a carbon-neutral company.
*Figures as of May 2024
Read the original article here: https://www.nordiccapital.com/our-impact/climate-action/
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