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 leading manufacturer of power cables and accessories based in Copenhagen, Denmark. As a specialist in cable solutions for energy infrastructure, NKT A/S focuses on high-voltage and extra-...

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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified 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.

a. Nkt's Annual Report 2024
a. Nkt's Annual Report 2024
b. Nkt's Sustainability Report 2023
b. Nkt's Sustainability Report 2023

Insights into Nkt's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Nkt amounted to 74,285 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 Nkt increased by 30.65%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Nkt's Scope 1 Emissions Over Time

20192020202120222023202406 k12 k18 k24 ktCO2e-38%-4%-6%+7%+66%
  • 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 CO₂ equivalent (tCO₂e). 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. a b

What are Nkt's Scope 2 emissions?

In 2024, Nkt reported Scope 2 greenhouse gas (GHG) emissions of 324 tCO₂e using the market-based method and 50,659 tCO₂e 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 energy a b

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

201920202021202220232024015 k30 k45 k60 ktCO2e
  • 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 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 Nkt includes a breakdown across 10 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

Nkt's Scope 3 Emissions Over Time

20192020202120222023202403 M6 M9 M12 MtCO2e+92%+3%+55%-22%-45%
  • 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 CO₂ equivalent (tCO₂e). 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 emissions have 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. a b

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 tCO₂e (50.31%)
  • Use of Sold Products (Cat. 11): 1,718,496 tCO₂e (38.38%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 306,226 tCO₂e (6.84%)

Nkt's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(38.4%)Purchased Goods andServices (Cat. 1)(50.3%)End-of-LifeTreatment of SoldProducts (Cat. 12)(6.8%)

Insights into Nkt’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Nkt reported Scope 1 greenhouse gas (GHG) emissions of 23,626 tCO₂e and total revenues of USD 25,260 millions. This translates into an emissions intensity of 0.94 tCO₂e per millions USD. a

Nkt's Scope 1 Emissions Intensity Compared to Peers

1005005,00050,000500,000Scope 1 Emissions (tCO2e)505002,00010,00050,000Revenues (Millions of USD)EXEEEcoPro MaterialsYear: 2024Scope 1: 31,914 tCO2eRevenue: $M 204Scope 1 Intensity: 156.18 tCO2e/$MHavells IndiaYear: 2025Scope 1: 40,661 tCO2eRevenue: $M 2,528Scope 1 Intensity: 16.08 tCO2e/$MSignifyYear: 2024Scope 1: 85,582 tCO2eRevenue: $M 6,392Scope 1 Intensity: 13.39 tCO2e/$MnVent ElectricYear: 2024Scope 1: 32,812 tCO2eRevenue: $M 3,006Scope 1 Intensity: 10.92 tCO2e/$MFurukawa ElectricYear: 2024Scope 1: 108,000 tCO2eRevenue: $M 6,977Scope 1 Intensity: 15.48 tCO2e/$MEcoProYear: 2024Scope 1: 369 tCO2eRevenue: $M 1,886Scope 1 Intensity: 0.20 tCO2e/$MRiyadh Cables GroupYear: 2024Scope 1: 28,470 tCO2eRevenue: $M 2,398Scope 1 Intensity: 11.87 tCO2e/$MSanxing MedicalYear: 2023Scope 1: 1,216 tCO2eRevenue: $M 1,613Scope 1 Intensity: 0.75 tCO2e/$MEaspringYear: 2023Scope 1: 7,855 tCO2eRevenue: $M 2,128Scope 1 Intensity: 3.69 tCO2e/$MEnerSysYear: 2023Scope 1: 48,900 tCO2eRevenue: $M 3,709Scope 1 Intensity: 13.19 tCO2e/$MAtkoreYear: 2024Scope 1: 23,200 tCO2eRevenue: $M 3,202Scope 1 Intensity: 7.25 tCO2e/$MHoneywell Automation IndiaYear: 2025Scope 1: 232 tCO2eRevenue: $M 489Scope 1 Intensity: 0.47 tCO2e/$MCenergy HoldingsYear: 2023Scope 1: 17,000 tCO2eRevenue: $M 1,802Scope 1 Intensity: 9.44 tCO2e/$MChina Southern Power Grid TechnologyYear: 2023Scope 1: 1,093 tCO2eRevenue: $M 357Scope 1 Intensity: 3.06 tCO2e/$MVoltronic Power TechnologyYear: 2024Scope 1: 485 tCO2eRevenue: $M 696Scope 1 Intensity: 0.70 tCO2e/$MGinlong TechnologiesYear: 2023Scope 1: 1,181 tCO2eRevenue: $M 858Scope 1 Intensity: 1.38 tCO2e/$MLandis+Gyr GroupYear: 2024Scope 1: 2,895 tCO2eRevenue: $M 1,549Scope 1 Intensity: 1.87 tCO2e/$MXXXTC New Energy MaterialsYear: 2023Scope 1: 30,984 tCO2eRevenue: $M 2,436Scope 1 Intensity: 12.72 tCO2e/$MApar IndustriesYear: 2025Scope 1: 39,329 tCO2eRevenue: $M 2,164Scope 1 Intensity: 18.17 tCO2e/$MFagerhult GroupYear: 2024Scope 1: 7,245 tCO2eRevenue: $M 754Scope 1 Intensity: 9.61 tCO2e/$MEVE EnergyYear: 2023Scope 1: 102,432 tCO2eRevenue: $M 6,864Scope 1 Intensity: 14.92 tCO2e/$MYaskawa ElectricYear: 2023Scope 1: 7,021 tCO2eRevenue: $M 4,078Scope 1 Intensity: 1.72 tCO2e/$MDelta Electronics Thailand PCLYear: 2023Scope 1: 2,654 tCO2eRevenue: $M 4,252Scope 1 Intensity: 0.62 tCO2e/$MNexansYear: 2024Scope 1: 122,924 tCO2eRevenue: $M 8,893Scope 1 Intensity: 13.82 tCO2e/$MNktYear: 2024Scope 1: 23,626 tCO2eRevenue: $M 25,260Scope 1 Intensity: 0.94 tCO2e/$M

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

In 2024, Nkt reported a Scope 1 emissions intensity of 0.94 tCO₂e per millions USD. Compared to the peer group median of 9.52 , 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 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 CO₂ equivalent (tCO₂e) 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. a b

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

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