We believe that introducing ESG and sustanability considerations in our business decisions is essential to create value for all our stakeholders and that financial and corporate investors have an obligation to impact the future of our planet for the better.
Céline Vanbever, Compliance and Legal Officer at Fortino Capital.
Tackling climate change is an everyday battle that might seem overwhelming. However, this ambitious goal becomes the most likely scenario once businesses work together in the same direction.
Once Fortino Capital measured their greenhouse emissions and understood their actual impact as a whole, designing an action plan was just as straightforward. The next step was to set ambitious targets to reduce their footprint and connect with the right partners to make it possible. Now Fortino Capital is taking part in cutting the world's emissions to zero.
Every positive action counts, no matter how little. However, climate change needs to be confronted collectively, as many other global challenges humanity has faced in the past. Embracing this approach, the opportunity to involve team members within their company to analyse its impact is priceless. The decision-makers will take climate action by being part of the impact team.
Account Manager @Tapio
Compliance and Legal Officer
Sustainability Engineer @Tapio
Human activities since the industrial revolution have led to the appearance of new sources of GHGs. Tapio’s all-in-one carbon management solution allows you to estimate the amount of industrial emissions (aka. anthropogenic greenhouse gases) emitted by the activities of your company or organisation.
Discover our Key Findings
The first step to compute a carbon report is to target and characterize the possible sources of GHGs emission from the organization. To do so, must be fixed beforehand by the reporting company.
Then, the breakdown of total carbon emissions by scope helps Fortino Capital highlight the different hotspots that drive its carbon emissions. To address a problem, you need to be able to understand and measure it.
Fortino Capital has decided to commit itself to the fight against climate change by assessing its greenhouse gas emissions. The carbon report takes into account the entire scope 1, 2 & 3 except emissions linked to the investments. This part is expected to be the biggest source of emissions by far. In 2022, Fortino Capital started a pilot project calculating the carbon reports of several portfolio's companies. The aim is to extend the approach to the entire portfolio in the near future (Impact Network app).
1 journey Brussels - Paris
by train (263km)
0,0088 kg CO₂ e / km*passenger
2,3 kg CO₂e
t CO₂ Emission per driver
t CO₂ e
The evolution is calculated on the previous year, based on total emissions.
Following the GHG Protocol, carbon emissions are divided into 3 main scopes, depending on their sources.
Scope 1 takes into account direct emissions from sources owned or controlled by the organization, while in scope 2, we found only indirect emissions associated with the production of electricity, heat or steam. Scope 3, on the other hand, represents indirect emissions produced by the company’s activities that are not accounted for in Scope 2 but are related to their whole value chain, like in the case of business travel, or commuting.
Scope 1 : 0 %
Scope 2 : 0 %
Scope 3 : 0 %
Be able to analyse the top 5 most significant sources of emissions, sorted by category/driver, enabled Tapio to understand exactly what drives its carbon emissions and where is necessary to act.
Use the arrows below to learn more about them.
Having an absolute number is complex and most of the time, meaningless. One good way to know where you stand and the way you are headed is to understand your carbon footprint in terms of intensity per employee allowing to track improvements over time even if the company grows.
For Fortino Capital, the intensity related to several metrics can be found below.
T CO2 e per Employee
T CO2 e per Million € AUM
Going a step further in terms of comparison is useful to understand what Fortino Capital’s total amount of carbon emissions represents in day-to-day, tangible situations. Knowing how many long haul flights or how many burgers Fortino Capital’s carbon emissions are equal to is another good way to understand its footprint. If you're curious about what a ton of CO₂ represents, read more about it on our blog.
Round trips BRU to NY by plane
Trips around the world by car
Times the amount of CO2 a tree absorbs in one year
Discover our Action Plan
After having measured their greenhouse gas emissions and analysed these results, Fortino Capital understood their environmental impact as a whole. To transform hope into action, they needed a reduction plan. By setting ambitious targets to reduce their carbon footprint, Tapio will take part in limiting temperatures to 1.5°C.
greenhouse gas emission reduction target
Implementing sustainable solutions that will substantially reduce a company's carbon footprint is the first essential step; however, each climate journey is unique. To fulfil their climate ambitions, Tapio needed to compensate for their remaining carbon budget.
Your emissions vs carbon sequestrated in time
This project restores and repairs existing boreholes to provide clean drinking water to Rwandan communities, removing the need to boil water for purification. Each borehole is up to 100 metres deep, and can be operated with a simple hand pump. The boreholes will be maintained over the project lifetime.
The Lacandon Forests for Life project reduces deforestation by controlling illegal timber extraction and assuring the legality of land use through sustainable forest management. The project also aims to address the cause of deforestation by improving the livelihoods of communities located within the National Park and surrounding areas. This includes the strengthening of governance through cooperatives, supporting sustainable economic livelihoods through technical workshops, and increasing environmental awareness through training.