As of 2024, Nkt has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 1 intensity-based target target, 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 Nkt ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2027 |
Absolute-based Target* | Scope 1 - Stationary Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target* | Scope 1 - Stationary Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Revenue | Copy restricted. Please purchase to unlock this data. | 2030 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
As of 2024, Nkt 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.
As of 2024, Nkt has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Nkt's most ambitious operational target is to reduce these emissions by 100% by 2027, compared to a baseline of 2,341 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2023, Nkt is lagging behind on its operational emissions reduction target, having achieved 3.93% of the planned reduction.
As of 2024, Nkt has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
Nkt's most ambitious value chain target is to reduce these emissions by 27.5% by 2030, compared to a baseline of 3,197,465 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
Instead of reducing value chain emissions, Nkt has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.