Kongsberg Gruppen ASA

Common Name
Kongsberg Gruppen
Country
Norway
Sector
Industrials
Industry
Aerospace & Defense
Employees
14,994
Ticker
KOG
Exchange
OSLO BORS
Description
Kongsberg Gruppen ASA is a renowned Norwegian technology company specializing in advanced solutions and systems across several critical sectors, including aerospace, defense, maritime, energy, and dig...

Kongsberg Gruppen's Climate Target Data Preview

As of 2024, Kongsberg Gruppen has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Kongsberg Gruppen ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total Combustion
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e) per Tonne Kilometer (TKM)
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a
2030
Intensity-based Target*
Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e) per Employee
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Kongsberg Gruppen’s Climate Targets Data

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a. Kongsberg Gruppen's Annual Report 2024
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Insights into Kongsberg Gruppen's Greenhouse Gas Emissions Pathways

As of 2024, Kongsberg Gruppen has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Kongsberg Gruppen have a target to reduce the emissions from its operations?

As of 2024, Kongsberg Gruppen has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Kongsberg Gruppen's most ambitious operational target is to reduce these emissions by 100% by 2030, compared to a baseline of 54,974 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Kongsberg Gruppen is ahead of schedule on its operational emissions reduction target, having achieved 59.85% of the planned reduction. a

Kongsberg Gruppen's Operational (Scope 1+2) Emissions Pathway

201920242030015 k30 k45 k60 kBaselineCurrent (-60%)Target 2030 (-100%)

Does Kongsberg Gruppen have a target to reduce the emissions from its value chain?

As of 2024, Kongsberg Gruppen has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Kongsberg Gruppen's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 28,171,443 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

Instead of reducing value chain emissions, Kongsberg Gruppen has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a

Kongsberg Gruppen's Value Chain (Scope 3) Emissions Pathway

20212024203007.5 M15 M22.5 M30 MCurrent (+1%)Target 2030 (-25%)
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