AF Gruppen ASA

Common Name
AF Gruppen
Country
Norway
Sector
Industrials
Industry
Engineering & Construction
Employees
5,581
Ticker
AFG
Exchange
OSLO BORS
Description
Af Gruppen ASA is a Norwegian construction and civil engineering company, recognized for its robust contribution to infrastructure development across Scandinavia. The company's primary function involv...

AF Gruppen's GHG Emissions Data Preview

In 2024, AF Gruppen completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

AF Gruppen has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind AF Gruppen’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore AF Gruppen’s data sources below and access millions more through our Disclosure Search.

a. AF Gruppen's Annual Report 2024
a. AF Gruppen's Annual Report 2024

Insights into AF Gruppen's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of AF Gruppen amounted to 42,954 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of AF Gruppen increased by 22.15%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

AF Gruppen's Scope 1 Emissions Over Time

202020232024015 k30 k45 k60 ktCO2e-21%+22%
  • Total Scope 1
  • Year-over-Year Change

What are AF Gruppen's Scope 1 emissions?

In 2024, the total Scope 1 emissions of AF Gruppen were 41,042 metric tons of CO₂ equivalent (tCO₂e). a

Has AF Gruppen reduced its Scope 1 emissions over time?

Since 2020, AF Gruppen's Scope 1 emissions have decreased by 3.88%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), AF Gruppen's Scope 1 emissions increased by 21.93%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are AF Gruppen's Scope 2 emissions?

In 2024, AF Gruppen reported Scope 2 greenhouse gas (GHG) emissions of 23,472 tCO₂e using the market-based method and 1,912 tCO₂e using the location-based method. a

Has AF Gruppen reduced its Scope 2 emissions over time?

Since 2020, AF Gruppen's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 17.59%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), AF Gruppen's Scope 2 emissions (Location-Based) rose by 26.96% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does AF Gruppen use for Scope 2 reporting?

In 2024, AF Gruppen reported its Scope 2 emissions using the market-based method and using the location-based method. a

AF Gruppen's Scope 2 Emissions Over Time

20202023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into AF Gruppen's Value Chain Emissions

In 2024, AF Gruppen reported 606,867 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of AF Gruppen includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

AF Gruppen's Scope 3 Emissions Over Time

202320240200 k400 k600 k800 ktCO2e+4175%
  • Total Scope 3
  • Year-over-Year Change

What are AF Gruppen's Scope 3 emissions?

In 2024, AF Gruppen reported total Scope 3 emissions of 606,867 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 89.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.45% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), AF Gruppen's Scope 3 emissions increased by 4,174.92%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does AF Gruppen disclose?

In 2024, AF Gruppen reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of AF Gruppen's Scope 3 emissions?

In 2024, the largest contributors to AF Gruppen's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 470,959 tCO₂e (77.6%)
  • Use of Sold Products (Cat. 11): 54,632 tCO₂e (9%)
  • Downstream Transportation and Distribution (Cat. 9): 19,429 tCO₂e (3.2%)

AF Gruppen's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(9.0%)DownstreamTransportation andDistribution(Cat. 9)(3.2%)Purchased Goods andServices (Cat. 1)(77.6%)

Insights into AF Gruppen’s GHG Emissions Intensity Compared to Industry Peers

In 2024, AF Gruppen reported Scope 1 greenhouse gas (GHG) emissions of 41,042 tCO₂e and total revenues of USD 2,665 millions. This translates into an emissions intensity of 15.4 tCO₂e per millions USD. a

AF Gruppen's Scope 1 Emissions Intensity Compared to Peers

52005,000100,0002,000,000Scope 1 Emissions (tCO2e)2005002,0005,00020,000Revenues (Millions of USD)HURECCCMKPSYear: 2024Scope 1: 3,864 tCO2eRevenue: $M 1,061Scope 1 Intensity: 3.64 tCO2e/$MHHHazama AndoYear: 2023Scope 1: 64,000 tCO2eRevenue: $M 2,794Scope 1 Intensity: 22.91 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MRail Vikas NigamYear: 2025Scope 1: 12 tCO2eRevenue: $M 2,311Scope 1 Intensity: 0.01 tCO2e/$MUUUnited Integrated ServicesYear: 2023Scope 1: 15 tCO2eRevenue: $M 2,240Scope 1 Intensity: 0.01 tCO2e/$MCostain GroupYear: 2024Scope 1: 4,772 tCO2eRevenue: $M 1,570Scope 1 Intensity: 3.04 tCO2e/$MMulticonsultYear: 2024Scope 1: 589 tCO2eRevenue: $M 560Scope 1 Intensity: 1.05 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MRRRuentex DevelopmentYear: 2024Scope 1: 597,908 tCO2eRevenue: $M 971Scope 1 Intensity: 615.62 tCO2e/$MKoninklijke HeijmansYear: 2024Scope 1: 16,871 tCO2eRevenue: $M 2,689Scope 1 Intensity: 6.27 tCO2e/$MArcadisYear: 2024Scope 1: 8,690 tCO2eRevenue: $M 5,198Scope 1 Intensity: 1.67 tCO2e/$MBravida HoldingYear: 2024Scope 1: 15,876 tCO2eRevenue: $M 2,691Scope 1 Intensity: 5.90 tCO2e/$MEEEXEO GroupYear: 2023Scope 1: 60,600 tCO2eRevenue: $M 4,712Scope 1 Intensity: 12.86 tCO2e/$MGEK TernaYear: 2024Scope 1: 801,371 tCO2eRevenue: $M 3,382Scope 1 Intensity: 236.96 tCO2e/$MKoninklijke BAM GroepYear: 2024Scope 1: 41,000 tCO2eRevenue: $M 6,717Scope 1 Intensity: 6.10 tCO2e/$MInfroneer HoldingsYear: 2023Scope 1: 209,146 tCO2eRevenue: $M 5,344Scope 1 Intensity: 39.14 tCO2e/$MCCCHALIECOYear: 2021Scope 1: 18,904 tCO2eRevenue: $M 3,751Scope 1 Intensity: 5.04 tCO2e/$MSacyrYear: 2023Scope 1: 87,540 tCO2eRevenue: $M 5,102Scope 1 Intensity: 17.16 tCO2e/$MVeidekkeYear: 2023Scope 1: 60,149 tCO2eRevenue: $M 4,249Scope 1 Intensity: 14.16 tCO2e/$MCCCTF ServicesYear: 2024Scope 1: 28,284 tCO2eRevenue: $M 3,384Scope 1 Intensity: 8.36 tCO2e/$MCCComsys HoldingsYear: 2023Scope 1: 65,000 tCO2eRevenue: $M 4,229Scope 1 Intensity: 15.37 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MMMMYR GroupYear: 2024Scope 1: 74,362 tCO2eRevenue: $M 3,362Scope 1 Intensity: 22.12 tCO2e/$MMorgan Sindall GroupYear: 2023Scope 1: 8,733 tCO2eRevenue: $M 5,243Scope 1 Intensity: 1.67 tCO2e/$MAF GruppenYear: 2024Scope 1: 41,042 tCO2eRevenue: $M 2,665Scope 1 Intensity: 15.40 tCO2e/$M

How does AF Gruppen's GHG emissions intensity compare to its peers?

In 2024, AF Gruppen reported a Scope 1 emissions intensity of 15.4 tCO₂e per millions USD. Compared to the peer group median of 7.24 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does AF Gruppen rank on GHG emissions intensity within its industry?

In 2024, AF Gruppen ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

AF Gruppen is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into AF Gruppen's Total Carbon Footprint

In 2024, AF Gruppen reported a total carbon footprint of 649,821 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,216.44% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to AF Gruppen's total carbon footprint was Scope 3 emissions, accounting for 93.39% of the company's total carbon footprint, followed by Scope 1 emissions at 6.32%. a

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