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GN Store Nord A/S

Common Name
GN Store Nord
Country
Denmark
Sector
Healthcare
Industry
Medical Devices
Employees
7,304
Ticker
GN
Exchange
NASDAQ COPENHAGEN A/S
Website
www.gn.com
Description
GN Store Nord A/S is a Danish multinational company specializing in the development and sales of innovative audio and hearing aid solutions. Its primary function is to enhance communication capabiliti...

GN Store Nord's GHG Emissions Data Preview

In 2024, GN Store Nord 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).

GN Store Nord has also provided a category-level breakdown for 12 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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a
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b
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0000000
Total Scope 2
Market-Based
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a
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b
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b
0000000
Location-Based
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a
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b
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b
0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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b
0000000
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Verified Sources Behind GN Store Nord’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 GN Store Nord’s data sources below and access millions more through our Disclosure Search.

a. GN Store Nord's Annual Report 2024
a. GN Store Nord's Annual Report 2024
b. GN Store Nord's Annual Report 2023
b. GN Store Nord's Annual Report 2023
c. GN Store Nord's Integrated Report 2022
c. GN Store Nord's Integrated Report 2022

Insights into GN Store Nord's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGN Store Nord amounted to8,496metric 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 GN Store Norddecreased by 4.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

GN Store Nord's Scope 1 Emissions Over Time

2020202120222023202407001.4 k2.1 k2.8 ktCO2e+9%-9%+9%+14%
  • Total Scope 1
  • Year-over-Year Change

What are GN Store Nord's Scope 1 emissions?

In 2024, the total Scope 1 emissions of GN Store Nord were 2,748 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has GN Store Nord reduced its Scope 1 emissions over time?

Since 2020, GN Store Nord's Scope 1 emissions have increased by 21.86%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), GN Store Nord's Scope 1 emissions increased by 13.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are GN Store Nord's Scope 2 emissions?

In 2024, GN Store Nord reported Scope 2 greenhouse gas (GHG) emissions of 1,435 tCOâ‚‚e using the market-based method and 5,748 tCOâ‚‚e using the location-based method.a

Has GN Store Nord reduced its Scope 2 emissions over time?

Since 2020, GN Store Nord's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 12.9%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), GN Store Nord's Scope 2 emissions(Location-Based) fell by 11.28% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does GN Store Nord use for Scope 2 reporting?

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

GN Store Nord's Scope 2 Emissions Over Time

2020202120222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into GN Store Nord's Value Chain Emissions

In 2024, GN Store Nord reported 257,107 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 GN Store Nord includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,down from 12 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

GN Store Nord's Scope 3 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e-1%+31%-24%-25%
  • Total Scope 3
  • Year-over-Year Change

What are GN Store Nord's Scope 3 emissions?

In 2024, GN Store Nord reported total Scope 3 emissions of 257,107 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 83.15%of these emissions originated from upstream activities such as purchased goods and capital goods, while 16.85%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has GN Store Nord reduced its Scope 3 emissions over time?

Since 2020, GN Store Nord's Scope 3 emissionshave decreased by 27.29%, reflecting a declining long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), GN Store Nord's Scope 3 emissions decreased by 25.49%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does GN Store Nord disclose?

In 2024, GN Store Nord 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 GN Store Nord's Scope 3 emissions?

In 2024, the largest contributors to GN Store Nord's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 135,345 tCOâ‚‚e(52.64%)
  • Use of Sold Products (Cat. 11): 41,792 tCOâ‚‚e(16.25%)
  • Upstream Transportation and Distribution (Cat. 4): 39,932 tCOâ‚‚e(15.53%)

GN Store Nord's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(52.6%)UpstreamTransportation andDistribution(Cat. 4)(15.5%)Use of Sold Products(Cat. 11)(16.3%)

Insights into GN Store Nord’s GHG Emissions Intensity Compared to Industry Peers

In 2024, GN Store Nord reported Scope 1 greenhouse gas (GHG) emissions of 2,748 tCOâ‚‚e and total revenues of USD 2,506 millions. This translates into an emissions intensity of 1.1 tCOâ‚‚e per millions USD.a

GN Store Nord's Scope 1 Emissions Intensity Compared to Peers

101002,00020,000200,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)PEIInteger HoldingsYear: 2023Scope 1: 7,066 tCO2eRevenue: $M 1,597Scope 1 Intensity: 4.43 tCO2e/$MGuerbetYear: 2024Scope 1: 39,081 tCO2eRevenue: $M 886Scope 1 Intensity: 44.13 tCO2e/$MEnovisYear: 2024Scope 1: 2,321 tCO2eRevenue: $M 2,108Scope 1 Intensity: 1.10 tCO2e/$MMicroport ScientificYear: 2023Scope 1: 3,168 tCO2eRevenue: $M 7,404Scope 1 Intensity: 0.43 tCO2e/$MInsuletYear: 2024Scope 1: 1,383 tCO2eRevenue: $M 2,072Scope 1 Intensity: 0.67 tCO2e/$MBio Rad LaboratoriesYear: 2023Scope 1: 10,563 tCO2eRevenue: $M 2,671Scope 1 Intensity: 3.95 tCO2e/$MNihon KohdenYear: 2024Scope 1: 4,155 tCO2eRevenue: $M 1,466Scope 1 Intensity: 2.83 tCO2e/$MDemantYear: 2024Scope 1: 14,645 tCO2eRevenue: $M 3,124Scope 1 Intensity: 4.69 tCO2e/$MNolatoYear: 2024Scope 1: 1,587 tCO2eRevenue: $M 877Scope 1 Intensity: 1.81 tCO2e/$MAmbuYear: 2024Scope 1: 3,369 tCO2eRevenue: $M 805Scope 1 Intensity: 4.18 tCO2e/$MPPPHC HoldingsYear: 2023Scope 1: 15,861 tCO2eRevenue: $M 2,676Scope 1 Intensity: 5.93 tCO2e/$MCochlearYear: 2025Scope 1: 951 tCO2eRevenue: $M 1,542Scope 1 Intensity: 0.62 tCO2e/$MEEEmbla MedicalYear: 2024Scope 1: 2,290 tCO2eRevenue: $M 5,437Scope 1 Intensity: 0.42 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MOlympusYear: 2025Scope 1: 24,120 tCO2eRevenue: $M 6,650Scope 1 Intensity: 3.63 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$MYuwellYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,122Scope 1 Intensity: 1.96 tCO2e/$MGetingeYear: 2024Scope 1: 12,710 tCO2eRevenue: $M 3,154Scope 1 Intensity: 4.03 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MGN Store NordYear: 2024Scope 1: 2,748 tCO2eRevenue: $M 2,506Scope 1 Intensity: 1.10 tCO2e/$M

How does GN Store Nord's GHG emissions intensity compare to its peers?

In 2024, GN Store Nord reported a Scope 1 emissions intensity of 1.1 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.74, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does GN Store Nord rank on GHG emissions intensity within its industry?

In 2024, GN Store Nord ranked 6 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into GN Store Nord's Total Carbon Footprint

In 2024, GN Store Nord reported a total carbon footprint of 265,603 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 24.97% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to GN Store Nord's total carbon footprint was Scope 3 emissions, accounting for 96.8% of the company's total carbon footprint, followed by Scope 2 emissions at 2.16%.a

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