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  "documentTitle": "Kinnevik | Results Presentation Deck | 48 slides",
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  "authorName": "Kinnevik",
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  "presentationDate": "2023-07-01 00:00:00",
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      "text": "One of Kinnevik's climate targets is to reduce greenhouse gas emission intensity in our portfolio by 50% by 2030, with 2020 as base year. The target has been integrated into our Sustainability-Linked Financing Framework and translated to an annual reduction target, namely, to achieve a reduction in portfolio emissions intensity of 7% year-over-year until 2030. In 2022, on a fair value basis, the year-over-year decrease in portfolio emissions intensity was 14%. Since the base year 2020, the average annual decrease in emissions intensity was 12%. Thus, in 2022 we exceeded our target both year-over-year and on average annual basis.",
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      "text": "The urgency of the climate crisis is evident and the expectations on companies from customers, employees, investors and regulators are increasing rapidly. I'm proud of our portfolio companies' ability to continue scaling and contributing to economic growth, while decreasing their dependency on fossil fuels and aligning their operations with a low-carbon economy.",
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      "text": "Six companies were included in the target calculation 2022, representing 35% of Kinnevik's portfolio value per 31 December 2022.",
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      "text": "WE PUBLISHED OUR YEARLY CLIMATE PROGRESS REPORT",
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