We are a small organisation, and our environmental impact comes mainly from carbon dioxide emissions from business trips and energy consumed by our office in Stockholm. A lesser proportion relates to purchasing electronics, office supplies, and waste from our office operations. We act based on the precautionary principle in all decisions that may have a negative environmental impact. For example, we purchase 100 per cent renewable energy for our office and continuously collect data about our energy consumption and climate impact through greenhouse gas emissions. Our Environmental Policy describes how we should act and take responsibility for the environment to live up to these principles within the context of our operations.
Bure's most significant environmental impact consists of the indirect environmental effects of our portfolio companies. Our Responsible Ownership and Investment Policy includes guidelines for how Bure and our portfolio companies should work to reduce environmental impact.
Bure: Greenhouse gas emissions, tonnes CO2e
1 Scope 1 pertains to direct emissions from own operations (e.g., emissions from production-related combustion). In Bure's case, these emissions remain at 0 for 2023 and 2024. 2) Scope 2 pertains to energy purchased for Bure’s operations, including electricity, heating, and cooling. The table shows location-based emissions of 3.53 tonnes CO2e for 2023 and 3.56 tonnes CO2e for 2024. Data for 2023 has been adjusted due to the increased availability of data for heating and cooling. 3) Scope 3 includes Bure’s own business travel as well as the portfolio companies' Scopes 1 and 2 emissions, based on Bure's ownership stake. The table shows a 35% reduction in Scope 3 emissions (from 2,647 tonnes CO2e to 1,756 tonnes CO2e) between 2023 and 2024. Of these amounts, Bure's internal emissions (mostly for business travel) account for 63 tonnes CO2e in 2023 and 101 tonnes CO2e in 2024, with the remainder attributable to portfolio companies. The portfolio companies' Scope 1 and 2 emissions are comprised of market-based emissions. All emissions are calculated in accordance with the GHG Protocol.
