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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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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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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 ofAlfen amounted to1,544metric 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 Alfenincreased 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e using the market-based method and 830 tCOâ‚‚e 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 energya

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 COâ‚‚ equivalent (tCOâ‚‚e) 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 11of 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 chaina

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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e(81.28%)
  • Purchased Goods and Services (Cat. 1): 53,769 tCOâ‚‚e(15.76%)
  • Upstream Transportation and Distribution (Cat. 4): 4,284 tCOâ‚‚e(1.26%)

Alfen's Scope 3 Emissions by Categories

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

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

In 2024, Alfen reported Scope 1 greenhouse gas (GHG) emissions of 714 tCOâ‚‚e and total revenues of USD 507 millions. This translates into an emissions intensity of 1.41 tCOâ‚‚e 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: 2024Scope 1: 369 tCO2eRevenue: $M 413Scope 1 Intensity: 0.89 tCO2e/$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: 2024Scope 1: 538 tCO2eRevenue: $M 1,246Scope 1 Intensity: 0.43 tCO2e/$MIndustrie De NoraYear: 2024Scope 1: 14,617 tCO2eRevenue: $M 898Scope 1 Intensity: 16.28 tCO2e/$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: 2024Scope 1: 31,845 tCO2eRevenue: $M 2,887Scope 1 Intensity: 11.03 tCO2e/$MFagerhult GroupYear: 2024Scope 1: 7,245 tCO2eRevenue: $M 754Scope 1 Intensity: 9.61 tCO2e/$MEVE EnergyYear: 2024Scope 1: 102,465 tCO2eRevenue: $M 6,661Scope 1 Intensity: 15.38 tCO2e/$MGerard Perrier IndustrieYear: 2024Scope 1: 2,675 tCO2eRevenue: $M 332Scope 1 Intensity: 8.05 tCO2e/$MYaskawa ElectricYear: 2024Scope 1: 7,646 tCO2eRevenue: $M 3,821Scope 1 Intensity: 2.00 tCO2e/$MNantong Jianghai CapacitorYear: 2024Scope 1: 636 tCO2eRevenue: $M 659Scope 1 Intensity: 0.97 tCO2e/$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 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.25, 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 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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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