Elkem ASA

Common Name
Elkem
Country
Norway
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
7,300
Ticker
ELK
Exchange
OSLO BORS
Description
Elkem ASA is a leading provider of advanced material solutions, specializing as a multinational manufacturer of silicone-based products, silicon, alloys, and carbon materials. Its primary function is ...

Elkem's GHG Emissions Data Preview

In 2022, Elkem 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, Elkem has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Elkem's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Elkem amounted to 3,360,000 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).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Elkem increased by 3.7%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Elkem's Scope 1 Emissions Over Time

2020202120220650 k1.3 M1.95 M2.6 MtCO2e-2%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Elkem's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Elkem were 2,420,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Elkem reduced its Scope 1 emissions over time?

Since 2020, Elkem's Scope 1 emissions have increased by 1.26%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Elkem's Scope 1 emissions increased by 3.42%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Elkem's Scope 2 emissions?

In 2022, Elkem reported Scope 2 greenhouse gas (GHG) emissions of 2,830,000 tCOâ‚‚e using the market-based method, and 940,000 tCOâ‚‚e using the location-based method.

Has Elkem reduced its Scope 2 emissions over time?

Since 2020, Elkem's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Elkem 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2021), Elkem's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Elkem 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Elkem use for Scope 2 reporting?

In 2022, Elkem reported its Scope 2 emissions using the market-based method and using the location-based method.

Elkem's Scope 2 Emissions Over Time

2020202120220750 k1.5 M2.25 M3 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Elkem's Value Chain Emissions

In 2022, Elkem reported 7,380,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2022 disclosure of Elkem includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Elkem's Scope 3 Emissions Over Time

20202021202202.5 M5 M7.5 M10 MtCO2e+20%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Elkem's Scope 3 emissions?

In 2022, Elkem reported total Scope 3 emissions of 7,380,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Elkem reduced its Scope 3 emissions over time?

Since 2020, Elkem's Scope 3 emissions have remained relatively stable, indicating that Elkem 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2021), Elkem's Scope 3 emissions decreased by 11.62%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Elkem's Total Carbon Footprint

In 2022, Elkem reported a total carbon footprint of 10,740,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.33% decrease compared to 2021, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Elkem's total carbon footprint was Scope 3 emissions, accounting for 68.72% of the company's total carbon footprint, followed by Scope 1 emissions at 22.53%.