The IVL office entrance and staircase full of cardboard cubes with the sustainable goals printed on them
  1. Start
  2. About IVL
  3. Annual reports

Annual report 2025

2025 was yet another financially stable year for IVL Swedish Environmental Research Institute, with strong profitability across the Group, parent company and subsidiaries, and growth of just over eight per cent in the parent company. With the acquisition of WASH Governance, which works internationally on water and sanitation solutions in areas facing severe water shortages, a collaboration was established with a new partner: UNICEF. This initiative means that we now have two new offices, in Bogotá and Amman, to bring us closer to our engagements in Latin America and the Middle East.

A man is sitting by a water inlet. Tall buildings can be seen in the background. The caption reads: ‘Annual Report 2025’

Download the annual report pdf, 11.4 MB.

Read the full annual report and download it here.

Porträttbild av en man

Sustainable development in a turbulent world

Many of us are concerned about the direction the world is heading in right now. Have the conditions for the green transition in Europe and Sweden changed fundamentally, or are we just experiencing a temporary setback?

IVL Group – 2025 in figures

During the year we executed two major internal initiatives that affected our bottom line. As part of the technological shift aimed at strengthening financial governance, we implemented a new financial management system. We also made our largest investment to date in internally funded research, in order to accelerate our development in the areas of the blue economy, the green industrial transition and sustainable chemistry, as well as to strengthen our research and development in AI and machine learning.

Illustration showing the various key performance indicators
Illustration showing the various key performance indicators
Illustration showing the various key performance indicators

A few highlights from 2025

During the year, our mission to drive the transition to a sustainable society has resulted in several exciting projects. Read about some of them below.

En kvinna står i ett kök och gör muffins på bland annat blod

A brownie baked with blood became the talk of the town during the year

In the autumn of 2025, the project introduced a brand new product – an innovative baked good – which made its way into retail shops and became an unexpected conversation starter.

Två personer i skyddskläder går mot en anläggning

Research on PFAS in flue gases leads to new discoveries

In a recent research project, IVL Swedish Environmental Research Institute tested new methods for measuring the hazardous substance PFAS in flue gases from Swedish waste-to-energy plants. The measurements show low levels of PFAS – instead, it was CFCs that accounted for the majority of the emissions.

vattenkanal som passerar stadskärnan. Äldre fastigheter i fonden.

Climate adaptation is urban and regional planning – not crisis management

Climate change is no longer a future threat – it is a present reality affecting people, communities and ecosystems. The scale of damage and costs from extreme weather is largely determined by our ability to adapt as a society, and municipalities play a key role in this work.

Subscribe to our newsletter and take part in new projects, research results and other news.