Preem
Preem AB, commonly referred to as Preem, is a leading player in the Swedish energy sector, headquartered in Stockholm, Sweden. Founded in 1994, the company has established itself as a key provider of refined petroleum products and biofuels, primarily serving the Nordic region. Preem's core offerings include high-quality fuels, lubricants, and renewable energy solutions, distinguished by their commitment to sustainability and innovation. The company has made significant strides in reducing carbon emissions and enhancing energy efficiency, positioning itself as a pioneer in the transition to greener energy sources. With a robust market presence, Preem has achieved notable milestones, including the development of Sweden's largest refinery and a strong focus on circular economy principles. As a result, Preem continues to play a vital role in shaping the future of energy in Sweden and beyond.
DitchCarbon Score
How does Preem's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Preem's score of 54 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Preem's reported carbon emissions
In 2024, Preem reported total carbon emissions of approximately 52,563,000,000 kg CO2e, with Scope 1 emissions at about 1,942,000,000 kg CO2e, Scope 2 emissions at approximately 51,000,000 kg CO2e, and Scope 3 emissions from business travel at around 1,150,000 kg CO2e. This marks a slight decrease from 2023, where total emissions were about 53,249,000,000 kg CO2e, with Scope 1 emissions of approximately 2,056,000,000 kg CO2e and Scope 3 emissions from business travel at around 340,000 kg CO2e. Preem has set ambitious climate commitments, aiming to reduce its direct greenhouse gas emissions (Scope 1) by 50% by 2030, relative to 2018 levels. Furthermore, the company is committed to achieving climate neutrality by 2035, targeting a reduction of at least 90% of emissions across all scopes from the same base year. These initiatives align with the Science Based Targets Net-Zero standard, demonstrating Preem's dedication to significant emissions reductions and sustainable practices in the energy sector.
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| 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,305,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 9,400,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 58,010,950,000 | 00,000,000,000 | 000,000 | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Preem is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
