Netel Holding AB (publ)

Common Name
Netel Holding
Country
Sweden
Sector
Industrials
Industry
Engineering & Construction
Employees
850
Ticker
NETEL
Exchange
NASDAQ STOCKHOLM AB
Description
Netel Holding AB is a prominent company specializing in communication and power infrastructure services. Its primary function is to offer comprehensive solutions for the design, construction, and main...

Netel Holding's GHG Emissions Data Preview

In 2024, Netel Holding 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).

Netel Holding has also provided a category-level breakdown for 8 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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0000000
Location-Based
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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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Verified Sources Behind Netel Holding’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 Netel Holding’s data sources below and access millions more through our Disclosure Search.

a. Netel Holding's Annual Report 2024
a. Netel Holding's Annual Report 2024

Insights into Netel Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Netel Holding amounted to 3,711 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 2023, the total operational greenhouse gas (GHG) emissions of Netel Holding decreased by 9.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Netel Holding's Scope 1 Emissions Over Time

2023202401.5 k3 k4.5 k6 ktCO2e-10%
  • Total Scope 1
  • Year-over-Year Change

What are Netel Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Netel Holding were 3,685 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Netel Holding's Scope 1 emissions decreased by 9.59%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Netel Holding's Scope 2 emissions?

In 2024, Netel Holding reported Scope 2 greenhouse gas (GHG) emissions of 228 tCO₂e using the market-based method and 26 tCO₂e using the location-based method. a

Has Netel Holding reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Netel Holding's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Netel Holding 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Netel Holding use for Scope 2 reporting?

In 2024, Netel Holding reported its Scope 2 emissions using the market-based method and using the location-based method. a

Netel Holding's Scope 2 Emissions Over Time

20232024060120180240tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Netel Holding's Value Chain Emissions

In 2024, Netel Holding reported 61,524 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 2024 disclosure of Netel Holding includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Netel Holding's Scope 3 Emissions Over Time

20232024020 k40 k60 k80 ktCO2e0%
  • Total Scope 3
  • Year-over-Year Change

What are Netel Holding's Scope 3 emissions?

In 2024, Netel Holding reported total Scope 3 emissions of 61,524 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.81% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.19% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Netel Holding's Scope 3 emissions remained relatively stable, indicating that Netel Holding 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Netel Holding disclose?

In 2024, Netel Holding reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Netel Holding's Scope 3 emissions?

In 2024, the largest contributors to Netel Holding's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 51,158 tCO₂e (91.95%)
  • Capital Goods (Cat. 2): 1,862 tCO₂e (3.35%)
  • Fuel- and Energy-Related Services (Cat. 3): 922 tCO₂e (1.66%)

Netel Holding's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(3.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(1.7%)Purchased Goods andServices (Cat. 1)(91.9%)

Insights into Netel Holding’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Netel Holding reported Scope 1 greenhouse gas (GHG) emissions of 3,685 tCO₂e and total revenues of USD 298 millions. This translates into an emissions intensity of 12.37 tCO₂e per millions USD. a

Netel Holding's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,000500,000Scope 1 Emissions (tCO2e)502001,0005,00050,000Revenues (Millions of USD)ATHNordisk BergteknikYear: 2024Scope 1: 22,498 tCO2eRevenue: $M 300Scope 1 Intensity: 75.01 tCO2e/$MNCCYear: 2023Scope 1: 126,000 tCO2eRevenue: $M 5,643Scope 1 Intensity: 22.33 tCO2e/$MAAAbsolent Air Care GroupYear: 2024Scope 1: 469 tCO2eRevenue: $M 127Scope 1 Intensity: 3.69 tCO2e/$MSvedbergs GroupYear: 2024Scope 1: 629 tCO2eRevenue: $M 198Scope 1 Intensity: 3.17 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MTTTroax GroupYear: 2024Scope 1: 2,830 tCO2eRevenue: $M 3,172Scope 1 Intensity: 0.89 tCO2e/$MHHHAKI SafetyYear: 2024Scope 1: 650 tCO2eRevenue: $M 95Scope 1 Intensity: 6.82 tCO2e/$MBravida HoldingYear: 2024Scope 1: 15,876 tCO2eRevenue: $M 2,691Scope 1 Intensity: 5.90 tCO2e/$MSwecoYear: 2024Scope 1: 7,776 tCO2eRevenue: $M 2,784Scope 1 Intensity: 2.79 tCO2e/$MOEM InternationalYear: 2024Scope 1: 1,075 tCO2eRevenue: $M 475Scope 1 Intensity: 2.26 tCO2e/$MSkanskaYear: 2024Scope 1: 149,000 tCO2eRevenue: $M 16,015Scope 1 Intensity: 9.30 tCO2e/$MNederman HoldingYear: 2023Scope 1: 807 tCO2eRevenue: $M 613Scope 1 Intensity: 1.32 tCO2e/$MAlimak GroupYear: 2024Scope 1: 4,642 tCO2eRevenue: $M 644Scope 1 Intensity: 7.21 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MRejlersYear: 2024Scope 1: 316 tCO2eRevenue: $M 402Scope 1 Intensity: 0.79 tCO2e/$MElectrolux ProfessionalYear: 2023Scope 1: 2,000 tCO2eRevenue: $M 1,174Scope 1 Intensity: 1.70 tCO2e/$MSdiptechYear: 2024Scope 1: 4,974 tCO2eRevenue: $M 469Scope 1 Intensity: 10.61 tCO2e/$MHusqvarnaYear: 2024Scope 1: 14,217 tCO2eRevenue: $M 4,388Scope 1 Intensity: 3.24 tCO2e/$MSKFYear: 2024Scope 1: 45,853 tCO2eRevenue: $M 8,958Scope 1 Intensity: 5.12 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MPeabYear: 2022Scope 1: 216,000 tCO2eRevenue: $M 5,937Scope 1 Intensity: 36.38 tCO2e/$MFagerhult GroupYear: 2024Scope 1: 7,245 tCO2eRevenue: $M 754Scope 1 Intensity: 9.61 tCO2e/$MMycronicYear: 2024Scope 1: 497 tCO2eRevenue: $M 640Scope 1 Intensity: 0.78 tCO2e/$MNetel HoldingYear: 2024Scope 1: 3,685 tCO2eRevenue: $M 298Scope 1 Intensity: 12.37 tCO2e/$M

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

In 2024, Netel Holding reported a Scope 1 emissions intensity of 12.37 tCO₂e per millions USD. Compared to the peer group median of 5.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Netel Holding rank on GHG emissions intensity within its industry?

In 2024, Netel Holding ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Netel Holding's Total Carbon Footprint

In 2024, Netel Holding reported a total carbon footprint of 65,235 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.84% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Netel Holding's total carbon footprint was Scope 3 emissions, accounting for 94.31% of the company's total carbon footprint, followed by Scope 1 emissions at 5.65%. a

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