Alfen NV

Common Name
Alfen
Country
Netherlands
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
946
Ticker
ALFEN
Exchange
EURONEXT
Website
alfen.com
Description
Alfen N.V. is a leading Dutch company specializing in energy solutions with a strong focus on the development and manufacturing of advanced power systems. The company plays a critical role in the ener...

Alfen's GHG Emissions Data Preview

In 2024, Alfen 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).

Alfen has also provided a category-level breakdown for 11 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 Alfen’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 Alfen’s data sources below and access millions more through our Disclosure Search.

a. Alfen's Annual Report 2024
a. Alfen's Annual Report 2024

Insights into Alfen's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Alfen amounted to 1,544 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 Alfen increased by 16.09%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Alfen's Scope 1 Emissions Over Time

201920212023202402505007501 ktCO2e-24%-10%+19%
  • Total Scope 1
  • Year-over-Year Change

What are Alfen's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Alfen were 714 metric tons of CO₂ equivalent (tCO₂e). a

Has Alfen reduced its Scope 1 emissions over time?

Since 2019, Alfen's Scope 1 emissions have decreased by 18.4%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Alfen's Scope 1 emissions increased by 18.6%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Alfen's Scope 2 emissions?

In 2024, Alfen reported Scope 2 greenhouse gas (GHG) emissions of 134 tCO₂e using the market-based method and 830 tCO₂e using the location-based method. a

Has Alfen reduced its Scope 2 emissions over time?

Since 2019, Alfen's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 102.44%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Alfen's Scope 2 emissions (Location-Based) rose by 14.01% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Alfen use for Scope 2 reporting?

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

Alfen's Scope 2 Emissions Over Time

201920212023202402505007501 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Alfen's Value Chain Emissions

In 2024, Alfen reported 341,129 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 Alfen includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Alfen's Scope 3 Emissions Over Time

202120240100 k200 k300 k400 ktCO2e-11%
  • Total Scope 3
  • Year-over-Year Change

What are Alfen's Scope 3 emissions?

In 2024, Alfen reported total Scope 3 emissions of 341,129 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 18.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 81.35% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Alfen disclose?

In 2024, Alfen reported emissions for 11 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 Alfen's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 277,268 tCO₂e (81.28%)
  • Purchased Goods and Services (Cat. 1): 53,769 tCO₂e (15.76%)
  • Upstream Transportation and Distribution (Cat. 4): 4,284 tCO₂e (1.26%)

Alfen's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(1.3%)Purchased Goods andServices (Cat. 1)(15.8%)Use of Sold Products(Cat. 11)(81.3%)

Insights into Alfen’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Alfen reported Scope 1 greenhouse gas (GHG) emissions of 714 tCO₂e and total revenues of USD 507 millions. This translates into an emissions intensity of 1.41 tCO₂e per millions USD. a

Alfen's Scope 1 Emissions Intensity Compared to Peers

505005,00050,000500,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)EHCEEEcoPro MaterialsYear: 2024Scope 1: 31,914 tCO2eRevenue: $M 204Scope 1 Intensity: 156.18 tCO2e/$MSignifyYear: 2024Scope 1: 85,582 tCO2eRevenue: $M 6,392Scope 1 Intensity: 13.39 tCO2e/$MHHHua Eng Wire And CableYear: 2024Scope 1: 1,017 tCO2eRevenue: $M 346Scope 1 Intensity: 2.94 tCO2e/$MHoneywell Automation IndiaYear: 2025Scope 1: 232 tCO2eRevenue: $M 489Scope 1 Intensity: 0.47 tCO2e/$MChina Southern Power Grid TechnologyYear: 2023Scope 1: 1,093 tCO2eRevenue: $M 357Scope 1 Intensity: 3.06 tCO2e/$MGraphite IndiaYear: 2023Scope 1: 110,968 tCO2eRevenue: $M 385Scope 1 Intensity: 288.26 tCO2e/$MAdvanced Energy SolutionYear: 2023Scope 1: 112 tCO2eRevenue: $M 327Scope 1 Intensity: 0.34 tCO2e/$MExosensYear: 2024Scope 1: 1,959 tCO2eRevenue: $M 410Scope 1 Intensity: 4.78 tCO2e/$MHarju Elekter GroupYear: 2024Scope 1: 221 tCO2eRevenue: $M 182Scope 1 Intensity: 1.22 tCO2e/$MAstor EnerjiYear: 2024Scope 1: 4,704 tCO2eRevenue: $M 753Scope 1 Intensity: 6.25 tCO2e/$MAmtran TechnologyYear: 2023Scope 1: 717 tCO2eRevenue: $M 541Scope 1 Intensity: 1.33 tCO2e/$MNingbo Orient Wires & CablesYear: 2023Scope 1: 758 tCO2eRevenue: $M 1,029Scope 1 Intensity: 0.74 tCO2e/$MIndustrie De NoraYear: 2023Scope 1: 15,292 tCO2eRevenue: $M 948Scope 1 Intensity: 16.13 tCO2e/$MCCChicony Power TechnologyYear: 2023Scope 1: 2,608 tCO2eRevenue: $M 1,184Scope 1 Intensity: 2.20 tCO2e/$MKEI IndustriesYear: 2025Scope 1: 7,297 tCO2eRevenue: $M 1,125Scope 1 Intensity: 6.49 tCO2e/$MZhuhai CosMX BatteryYear: 2024Scope 1: 35,976 tCO2eRevenue: $M 1,581Scope 1 Intensity: 22.75 tCO2e/$MPlug PowerYear: 2023Scope 1: 10,180 tCO2eRevenue: $M 891Scope 1 Intensity: 11.42 tCO2e/$MEnergizer HoldingsYear: 2023Scope 1: 30,424 tCO2eRevenue: $M 2,960Scope 1 Intensity: 10.28 tCO2e/$MFagerhult GroupYear: 2024Scope 1: 7,245 tCO2eRevenue: $M 754Scope 1 Intensity: 9.61 tCO2e/$MEVE EnergyYear: 2023Scope 1: 102,432 tCO2eRevenue: $M 6,864Scope 1 Intensity: 14.92 tCO2e/$MGerard Perrier IndustrieYear: 2024Scope 1: 2,675 tCO2eRevenue: $M 332Scope 1 Intensity: 8.05 tCO2e/$MYaskawa ElectricYear: 2023Scope 1: 7,021 tCO2eRevenue: $M 4,078Scope 1 Intensity: 1.72 tCO2e/$MDelta Electronics Thailand PCLYear: 2023Scope 1: 2,654 tCO2eRevenue: $M 4,252Scope 1 Intensity: 0.62 tCO2e/$MNantong Jianghai CapacitorYear: 2023Scope 1: 94 tCO2eRevenue: $M 682Scope 1 Intensity: 0.14 tCO2e/$MAlfenYear: 2024Scope 1: 714 tCO2eRevenue: $M 507Scope 1 Intensity: 1.41 tCO2e/$M

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

In 2024, Alfen reported a Scope 1 emissions intensity of 1.41 tCO₂e per millions USD. Compared to the peer group median of 5.51 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Alfen rank on GHG emissions intensity within its industry?

In 2024, Alfen ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Alfen's Total Carbon Footprint

In 2024, Alfen reported a total carbon footprint of 342,673 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25,664.89% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Alfen's total carbon footprint was Scope 3 emissions, accounting for 99.55% of the company's total carbon footprint, followed by Scope 2 emissions at 0.24%. a

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