Reel ApS Emissions Report - 2024

Updated 01/2026. Description of change: District heating emissions were included in market-based emissions, resulting in a mixture of methods. They have since been removed, accounted for only under location-based. This change was made to ensure comparable emissions tracking across years.

Reel calculates its Scope 1, 2 and 3 emissions in accordance with the GHG Protocol. This emissions report covers the emissions of Reel ApS and its subsidiaries for the reporting period of 01/01/2024 - 31/12/2024.

Scope 1 emissions: 0 tCO₂e

Scope 1 emissions refer to direct emissions from company-owned and controlled resources. Reel does not own nor control any combustion sources. All heating in Reel's office is district heating (accounted for under Scope 2).

Scope 2 emissions: 8.71 tCO₂e (location-based), 7.06 tCO₂e (market-based)

Scope 2 emissions refer to indirect emissions resulting from purchased electricity, heat, steam and cooling. The location-based method accounts for emissions from Reel's purchased electricity and heating for its office, as well as electricity consumed by Reel's electric vehicle. The market-based method covers the emissions of Reel's purchased electricity (office and company car consumption) using the residual emission factor for Denmark, published by AIB applied.

Scope 3 emissions: 4,394 tCO₂e

Scope 3 emissions refer to indirect emissions resulting from activities beyond Reel's direct control but linked to its business operations. Reel's primary Scope 3 emissions fall under category 3.3—emissions associated with electricity delivered to customers. Other Scope 3 categories are negligible in comparison, as category 3.3 accounts for approximately 98% of Reel's total Scope 3 footprint.

End of report.