Partnership between Sysav and Sparbanken Skåne accelerates carbon capture efforts

Sparbanken Skåne signs Letter of Intent with Sysav for future purchase of negative emission certificates from Malmö carbon capture plant

Sparbanken Skåne has signed a Letter of Intent with Sysav for the future purchase of negative emission certificates from the carbon capture facility Sysav plans to establish in Malmö. The agreement marks an important step toward enabling local, certified, and permanent carbon capture in southern Sweden.

Sysav is working to develop a full-scale CCUS (Carbon Capture, Utilisation and Storage) facility at its waste-to-energy plant at Spillepengen in Malmö. The goal is to capture carbon dioxide from waste incineration. The facility, which is expected to be operational by 2030, will become Skåne’s largest carbon sink and play a key role in offering climate-positive solutions to companies and municipalities seeking to reduce their climate impact.

Sparbanken Skåne is committed to achieving climate neutrality, with an approach that considers not only the bank’s direct emissions but also the indirect emissions it can influence through lending and investments. By purchasing negative emission certificates from the CCUS facility — named SkyZero — the bank can compensate for emissions that cannot be eliminated by other means.

“By supporting projects like SkyZero, we help establish new, important technologies for the green transition locally here in Skåne,” says Patricia Håkansson, Head of Sustainability at Sparbanken Skåne.

For Sysav, the facility represents a central part of its vision to move from merely reducing emissions to actively contributing to climate-positive solutions. SkyZero is expected to capture around 400,000 tonnes of carbon dioxide annually. When the biogenic carbon dioxide is permanently stored underground, it results in negative emissions.

Sysav’s CEO, Malin Dahlroth, welcomes the partnership with Sparbanken Skåne.

“Capturing and storing carbon dioxide is no longer something we can choose to postpone – it’s a necessity if we are to meet the climate targets. With SkyZero, we are taking responsibility for the future and demonstrating that it’s possible to combine technological innovation with tangible climate benefits. We are proud that Sparbanken Skåne is taking the lead with us and helping to drive a new climate industry in the region,” says Malin Dahlroth.

For more information
Patricia Håkansson, Head of Sustainability, Sparbanken Skåne, +46 (0)44-13 82 21
Anna Vilén, Head of Communications, Sysav, +46 (0)73-439 61 90

About CCUS – Carbon Capture, Utilisation and Storage

CCUS refers to technologies that capture carbon dioxide emissions from industrial sources and power plants to prevent them from being released into the atmosphere, thereby mitigating climate change. The process involves three main stages: capturing, transporting, and either storing or utilising the carbon dioxide. The CO₂ is captured directly at the emission source or from the atmosphere, then transported — often via an intermediate facility — to its final storage location, typically in geological formations such as depleted oil or gas fields. The captured CO₂ can also be used as a raw material for fuels or new materials. CCUS is a crucial technology for achieving climate goals, particularly in sectors where emission reductions are difficult to achieve.

Senast uppdaterad 2025-10-29 12:19