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Nkt A/S
Nkt's GHG Emissions Data Preview
In 2024, Nkt 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).
Nkt has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified Sources Behind Nkt’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 Nkt’s data sources below and access millions more through our Disclosure Search.
Insights into Nkt's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofNkt amounted to74,285metric 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 Nktincreased by 30.65%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Nkt's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Nkt's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Nkt were 23,626 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Nkt reduced its Scope 1 emissions over time?
Since 2019, Nkt's Scope 1 emissions have remained relatively, stable, indicating that Nkt's emissions have plateaued with no significant change in its operational footprint.a
Compared to the previous year(2023), Nkt's Scope 1 emissions increased by 65.56%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Nkt's Scope 2 emissions?
In 2024, Nkt reported Scope 2 greenhouse gas (GHG) emissions of 324 tCOâ‚‚e using the market-based method and 50,659 tCOâ‚‚e using the location-based method.a
Has Nkt reduced its Scope 2 emissions over time?
Since 2019, Nkt's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Nkt's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year(2023), Nkt's Scope 2 emissions(Location-Based) rose by 18.95% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Nkt use for Scope 2 reporting?
In 2024, Nkt reported its Scope 2 emissions using the market-based method and using the location-based method.a
Nkt's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Nkt's Value Chain Emissions
In 2024, Nkt reported 4,477,543 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 Nkt includes a breakdown across 10of 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
Nkt's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Nkt's Scope 3 emissions?
In 2024, Nkt reported total Scope 3 emissions of 4,477,543 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 54.78%of these emissions originated from upstream activities such as purchased goods and capital goods, while 45.22%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Nkt reduced its Scope 3 emissions over time?
Since 2019, Nkt's Scope 3 emissionshave increased by 31.24%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Nkt's Scope 3 emissions decreased by 44.88%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
What categories of Scope 3 emissions does Nkt disclose?
In 2024, Nkt reported emissions for 10 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 Nkt's Scope 3 emissions?
In 2024, the largest contributors to Nkt's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 2,252,754 tCOâ‚‚e(50.31%)
- Use of Sold Products (Cat. 11): 1,718,496 tCOâ‚‚e(38.38%)
- End-of-Life Treatment of Sold Products (Cat. 12): 306,226 tCOâ‚‚e(6.84%)
Nkt's Scope 3 Emissions by Categories
Insights into Nkt’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Nkt reported Scope 1 greenhouse gas (GHG) emissions of 23,626 tCOâ‚‚e and total revenues of USD 25,260 millions. This translates into an emissions intensity of 0.94 tCOâ‚‚e per millions USD.a
Nkt's Scope 1 Emissions Intensity Compared to Peers
How does Nkt's GHG emissions intensity compare to its peers?
In 2024, Nkt reported a Scope 1 emissions intensity of 0.94 tCOâ‚‚e per millions USD. Compared to the peer group median of 6, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Nkt rank on GHG emissions intensity within its industry?
In 2024, Nkt ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Nkt is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Nkt's Total Carbon Footprint
In 2024, Nkt reported a total carbon footprint of 4,551,828 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 44.35% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Nkt's total carbon footprint was Scope 3 emissions, accounting for 98.37% of the company's total carbon footprint, followed by Scope 2 emissions at 1.11%.a