certified

carbon removal projects

in healthy Swedish forests.

Mårten Mattsson, Forest Lead

+46 703 401 826
marten.mattsson(a) ekenfinancing.com

Malin Stavlind, Operations & Communications Lead

+46 760 289 461
malin.stavlind(a) ekenfinancing.com

Kasper Bengtsson, Tech Lead

+46 706 735 005
kasper.bengtsson(a) ekenfinancing.com

Erik Ottosson, CEO

+46 702 603 682
erik.ottosson(a) ekenfinancing.com

We give companies seriously working on reducing their carbon dioxide emissions the opportunity to invest in certified carbon removal projects in Swedish forests.

Let's discuss a solution tailored to your company's long-term needs.

Our story

EKEN was founded in 2020 at the intersection of the forest industry, forestry, finance, and climate science. The business idea emerged from the realization that corporate investments in carbon credits could potentially finance a long-term renewal of Swedish forestry. Through Eken’s market-based solution, companies are now offered the opportunity to invest in certified Swedish carbon credits with immediate climate impact, where the revenues are used to compensate forest owners for delaying harvesting and improving forestry practices.

Science and technology enable the next generation forestry.

Axfood purchases climate compensation from Eken

Eken Financing AB provides SBTi companies with the opportunity to invest in multi-year high-quality carbon removal projects with immediate climate impact and pays forest owners to transition profitably to forestry practices with higher commercial, social, and biological value.

Axfood, a leading group in the Swedish grocery retail sector, has entered into an agreement with Eken regarding 32,000 CO2e stored through extended rotation age of at least 10 years in Swedish forests. The agreement is a continuation of the collaboration on climate compensation that began in 2022. 

– We are delighted to once again have earned the trust to provide Axfood with climate compensation through Swedish forestry, says Per Forssberg, Sales Lead at Eken. 

ABOUT

EKEN provides companies systematically working to reduce their carbon dioxide emissions the opportunity to invest in high-quality carbon credits in Swedish forests with immediate climate impact. Access to the certified carbon credits is based on long-term agreements with Swedish forest owners who are compensated for postponing logging and improving forestry practices. The trees are allowed to grow for a longer period before harvesting, leading to increased timber volume and carbon sequestration. 

Eken's projects will be certified by the leading electronic registry, Verra. The projects will meet Verra's highest quality standards in terms of permanence, additionality, and risks of emission leakage. 

News

Axfood purchases climate compensation from Eken

Eken Financing AB provides SBTi companies with the opportunity to invest in multi-year high-quality carbon removal projects with immediate climate impact and pays forest owners to transition profitably to forestry practices with higher commercial, social, and biological value.

Axfood, a leading group in the Swedish grocery retail sector, has entered into an agreement with Eken regarding 32,000 CO2e stored through extended rotation age of at least 10 years in Swedish forests. The agreement is a continuation of the collaboration on climate compensation that began in 2022. 

– We are delighted to once again have earned the trust to provide Axfood with climate compensation through Swedish forestry, says Per Forssberg, Sales Lead at Eken. 

Eken signs agreement with Luleå stift for forest carbon storage  

Eken Financing AB provides SBTi companies with the opportunity to invest in multi-year high-quality carbon removal projects with immediate climate impact and pays forest owners to transition profitably to forestry practices with higher commercial, social, and biological value.

Eken has signed an lease agreement with Prästlönetillgångarna, Luleå stift to lease part of the forest Sorsele 1:1 for 30 years. By extending the rotation age by 30 years, Luleå stift will increase carbon sequestration and the proportion of sawn timber on the leased site. 

– Luleå stift demonstrates forward thinking and recognizes the potential for financing improved forestry through climate investments, says Mårten Mattsson, Forest Lead at Eken.

Bringing heavy expertise to Eken’s board

Eken Financing AB provides SBTi companies with the opportunity to invest in multi-year high-quality carbon removal projects with immediate climate impact and pays forest owners to transition profitably to forestry practices with higher commercial, social, and biological value.

For the company’s next step, Eken has now recruited an experienced board with significant expertise in forestry, finance, and business.  

Michael Bertorp, Chairman of the Board, with extensive experience in the forest industry, including Vice President of the SCA Group. Currently Chairman of the Board for Bergs Timber AB and a member of Stadshypotek AB.

Kjell Ormegard, Board Member, with over 35 years of experience in the finance sector, including senior positions at Handelsbanken and Alfred Berg.  

Clein Johansson Ullenvik, Board Member, an experienced CEO and business-oriented leader.  

I am extremely happy to have attracted these experienced and competent individuals to our board, says Erik Ottosson, founder, and CEO of Eken. 

Global Challenges Foundation invest in Eken 

Eken Financing AB provides SBTi companies with the opportunity to invest in multi-year high-quality carbon removal projects with immediate climate impact and pays forest owners to transition profitably to forestry practices with higher commercial, social, and biological value.

The Global Challenges Foundation is a Swedish foundation dedicated to promoting the development of global decision-making models that can effectively address and, ideally, eliminate major global risks that pose a threat to humanity. As part of the foundation’s capital investments, Global Challenges has now decided to invest in Eken Financing.

We are very pleased to receive support from an organization like the Global Challenges Foundation. It is a confirmation that increased carbon sequestration in forests is an important component in mitigating global tipping points, says Erik Ottosson, founder, and CEO of Eken Financing.