Nkt A/S

Common Name
Nkt
Country
Denmark
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
4,340
Ticker
NKT
Exchange
NASDAQ COPENHAGEN A/S
Website
www.nkt.dk
Description
NKT A/S is a Danish company specializing in the design, manufacture, and distribution of power cable solutions. Primarily functioning in the energy infrastructure sector, it plays a crucial role in fa...

Nkt's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total Combustion
Metric Tonnes of CO2 equivalent (mtCO2e)
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2027
Absolute-based Target*
Scope 1 - Stationary Combustion
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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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)
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2030
Intensity-based Target*
Scope 1 - Stationary Combustion
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Revenue
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

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.

Insights into Nkt's Greenhouse Gas Emissions Pathways

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.

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

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.

Nkt's Operational (Scope 1+2) Emissions Pathway

20192023202706001.2 k1.8 k2.4 kCurrent (-4%)Target 2027 (-100%)

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

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.

Nkt's Value Chain (Scope 3) Emissions Pathway

20192024203001 M2 M3 M4 MBaselineCurrent (+24%)Target 2030 (-28%)
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