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Cadeler A/S

Common Name
Cadeler
Country
Denmark
Sector
Industrials
Industry
Engineering & Construction
Employees
840
Ticker
CADLR
Exchange
OSLO BORS
Description
Cadeler A/S is a Denmark-based pure-play company specializing in offshore wind farm installation, operations, maintenance, and decommissioning services. Headquartered in Copenhagen, it operates as a g...

Cadeler's GHG Emissions Data Preview

In 2023, Cadeler 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).

However, Cadeler has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202320222021
2020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Cadeler’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2020, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Cadeler’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 Cadeler’s data sources below and access millions more through our Disclosure Search.

a. Cadeler's Annual Report 2023

Insights into Cadeler's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Cadeler amounted to 25,501.96 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 2022, the total operational greenhouse gas (GHG) emissions of Cadeler increased by 2.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Cadeler's Scope 1 Emissions Over Time

202020212022202309.5 k19 k28.5 k38 ktCO2e+59%-32%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Cadeler's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Cadeler were 25,479.3 metric tons of CO₂ equivalent (tCO₂e).a

Has Cadeler reduced its Scope 1 emissions over time?

Since 2020, Cadeler's Scope 1 emissions have increased by 9.87%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2022), Cadeler's Scope 1 emissions increased by 2.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Cadeler's Scope 2 emissions?

In 2023, Cadeler reported Scope 2 greenhouse gas (GHG) emissions of 22.66 tCO₂e without specifying the calculation method.a

Has Cadeler reduced its Scope 2 emissions over time?

Since 2020, Cadeler's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 191.26%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2022), Cadeler's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Cadeler's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Cadeler use for Scope 2 reporting?

In 2023, Cadeler reported its Scope 2 emissions using an unspecified methodology.a

Cadeler's Scope 2 Emissions Over Time

202020212022202306121824tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Cadeler's Value Chain Emissions

In 2023, Cadeler reported 780.85 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 2023 disclosure of Cadeler includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Cadeler's Scope 3 Emissions Over Time

20202021202220230200400600800tCO2e+55%+59%+17%
  • Total Scope 3
  • Year-over-Year Change

What are Cadeler's Scope 3 emissions?

In 2023, Cadeler reported total Scope 3 emissions of 780.85 metric tons of CO₂ equivalent (tCO₂e).a

Has Cadeler reduced its Scope 3 emissions over time?

Since 2020, Cadeler's Scope 3 emissions have increased by 189.2%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2022), Cadeler's Scope 3 emissions increased by 17.18%, suggesting that the company faced challenges in reducing emissions across its value chain.a

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

In 2023, Cadeler reported Scope 1 greenhouse gas (GHG) emissions of 25,479.3 tCO₂e and total revenues of USD 120 millions. This translates into an emissions intensity of 211.93 tCO₂e per millions USD.a

Cadeler's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)MT Hoejgaard HoldingYear: 2024Scope 1: 13,298 tCO2eRevenue: $M 1,489Scope 1 Intensity: 8.93 tCO2e/$MNordisk BergteknikYear: 2024Scope 1: 22,498 tCO2eRevenue: $M 300Scope 1 Intensity: 75.01 tCO2e/$MConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$MMalaysian ResourcesYear: 2022Scope 1: 2,061 tCO2eRevenue: $M 728Scope 1 Intensity: 2.83 tCO2e/$MPer Aarsleff HoldingYear: 2024Scope 1: 70,926 tCO2eRevenue: $M 3,244Scope 1 Intensity: 21.86 tCO2e/$MGroupe ETPOYear: 2024Scope 1: 3,739 tCO2eRevenue: $M 263Scope 1 Intensity: 14.20 tCO2e/$MMulticonsultYear: 2024Scope 1: 589 tCO2eRevenue: $M 560Scope 1 Intensity: 1.05 tCO2e/$MKreate GroupYear: 2024Scope 1: 3,798 tCO2eRevenue: $M 287Scope 1 Intensity: 13.25 tCO2e/$MBES EngineeringYear: 2023Scope 1: 1,251 tCO2eRevenue: $M 618Scope 1 Intensity: 2.02 tCO2e/$MRai WayYear: 2023Scope 1: 1,624 tCO2eRevenue: $M 301Scope 1 Intensity: 5.39 tCO2e/$MTaiwan CogenerationYear: 2023Scope 1: 4,633,614 tCO2eRevenue: $M 174Scope 1 Intensity: 26,577.12 tCO2e/$MBig Yellow GroupYear: 2025Scope 1: 53 tCO2eRevenue: $M 265Scope 1 Intensity: 0.20 tCO2e/$MGS Engineering & ConstructionYear: 2024Scope 1: 58,436 tCO2eRevenue: $M 8,766Scope 1 Intensity: 6.67 tCO2e/$MNetel HoldingYear: 2024Scope 1: 3,685 tCO2eRevenue: $M 298Scope 1 Intensity: 12.37 tCO2e/$MSeverfieldYear: 2024Scope 1: 6,101 tCO2eRevenue: $M 585Scope 1 Intensity: 10.43 tCO2e/$ME J HoldingsYear: 2025Scope 1: 1,213 tCO2eRevenue: $M 297Scope 1 Intensity: 4.09 tCO2e/$MAsia Air SurveyYear: 2024Scope 1: 2,203 tCO2eRevenue: $M 282Scope 1 Intensity: 7.81 tCO2e/$MEtteplanYear: 2024Scope 1: 362 tCO2eRevenue: $M 376Scope 1 Intensity: 0.96 tCO2e/$MNorva24 GroupYear: 2024Scope 1: 27,148 tCO2eRevenue: $M 320Scope 1 Intensity: 84.77 tCO2e/$MSitowise GroupYear: 2024Scope 1: 96 tCO2eRevenue: $M 201Scope 1 Intensity: 0.48 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MHill & SmithYear: 2024Scope 1: 38,601 tCO2eRevenue: $M 1,073Scope 1 Intensity: 35.97 tCO2e/$MAktorYear: 2024Scope 1: 80,322 tCO2eRevenue: $M 1,306Scope 1 Intensity: 61.51 tCO2e/$MWijaya Karya (Persero)Year: 2023Scope 1: 22,880 tCO2eRevenue: $M 1,461Scope 1 Intensity: 15.66 tCO2e/$MCadelerYear: 2023Scope 1: 25,479 tCO2eRevenue: $M 120Scope 1 Intensity: 211.93 tCO2e/$M

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

In 2023, Cadeler reported a Scope 1 emissions intensity of 211.93 tCO₂e per millions USD. Compared to the peer group median of 8.97, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2023, Cadeler ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Cadeler among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Cadeler's Total Carbon Footprint

In 2023, Cadeler reported a total carbon footprint of 26,282.81 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.69% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Cadeler's total carbon footprint was Scope 1 emissions, accounting for 96.94% of the company's total carbon footprint, followed by Scope 3 emissions at 2.97%.a

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