Our company / Our carbon footprint
Our carbon footprint
Forbion’s total CO2 emissions from business operations and emissions per FTE in 2025 were higher than in previous years.
This increase is largely due to higher emissions from air travel. The latter can be attributed to the increased number of employees (who travel), more trans-Atlantic deals and the opening of Forbion’s Boston office, which has led to more air travel compared to previous years.
Scope 2 emissions, which result from our electricity and gas use, represented 14% of Forbion’s total emissions in 2025. The remaining 86% was made up of Scope 3, or indirect emissions from business operations. Business travel accounts for the majority of our Scope 3 emissions (84%) and is the largest contributor to the increased emissions in 2025 relative to 2024.
Forbion’s CO2 emissions from business operations by source, 2023-2025
Forbion’s total CO2 emissions from business operations, 2024-2025 (tCO2e)
743
2025: Total CO2 emissions*
12.8
2025: CO2 emissions per FTE
425
2024: Total CO2 emissions*
8.8
2024: CO2 emissions per FTE
* Excluding financed emissions, generated by portfolio companies
Carbon reduction initiatives
In order to neutralize emissions we generate from our business operations, Forbion has been financially supporting tree planting projects by Land Life for the last four years. To increase awareness for more sustainable travel alternatives our Travel and Expense Policy incorporates sustainability recommendations and encourages employees to use more sustainable travel options, such as railway, as an alternative to flying whenever feasible. In addition, Forbion has installed electric car charging stations at its head office to support the use of electric and hybrid vehicles for employees who commute by car.
Forbion supports Land Life’s Monarch Butterfly Reserve project in Mexico
Mexico remains one of the most impactful regions for reforestation projects. The Monarch Butterfly Biosphere Reserve, a UNESCO World Heritage site, is home to approximately 70% of the global Monarch butterfly population. Each year, Monarchs migrate from Canada to Michoacán, relying on Oyamel forests within the reserve for shelter and breeding. However, due to illegal logging and historical forest fires, around 25% of this landscape has become degraded. Despite ongoing restoration efforts, recovery has not yet kept pace with the urgency needed to protect this vital habitat.
With the help of Land Life, significant progress has been made in the reserve since 2019. Land Life has reforested 45 hectares in San Pablo Malacatepec, one of the areas most affected by forest fires, and an additional 8 hectares in La Cumbre, where invasive species had heavily disturbed the ecosystem. In total, 264,000 trees have been planted by Land Life since 2019, contributing to the restoration of 290 hectares and actively involving 150 local community members.
Land Life planted a total of 7,545 trees globally on behalf of Forbion in the period 2023-2025. These efforts have played a key role in regenerating 7 hectares of degraded land. In Mexico specifically, our previous projects have contributed to the reforestation, safeguarding the Monarch butterfly but also to combating illegal logging and restoring degraded land at scale. To neutralize Forbion’s 2025 emissions from business operations, Land Life will plant 4,595 trees in its project in Mexico on behalf of Forbion in the course of 2026.
Source and image credit: Land Life.