NOK Corp
NOK's GHG Emissions Data Preview
In 2024, NOK 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).
NOK has also provided a category-level breakdown for 11 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified Sources Behind NOK’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 NOK’s data sources below and access millions more through our Disclosure Search.
Insights into NOK's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of NOK amounted to 681,000 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 NOK decreased by 14.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
NOK's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are NOK's Scope 1 emissions?
In 2024, the total Scope 1 emissions of NOK were 57,000 metric tons of CO₂ equivalent (tCO₂e). a
Has NOK reduced its Scope 1 emissions over time?
Since 2019, NOK's Scope 1 emissions have increased by 32.56%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), NOK's Scope 1 emissions increased by 29.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are NOK's Scope 2 emissions?
In 2024, NOK reported Scope 2 greenhouse gas (GHG) emissions of 634,000 tCO₂e using the market-based method and 624,000 tCO₂e using the location-based method. a
Has NOK reduced its Scope 2 emissions over time?
Compared to the previous year (2023), NOK's Scope 2 emissions (Location-Based) fell by 16.69% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does NOK use for Scope 2 reporting?
In 2024, NOK reported its Scope 2 emissions using the market-based method and using the location-based method. a
NOK's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into NOK's Value Chain Emissions
In 2024, NOK reported 2,215,000 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 NOK 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
NOK's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are NOK's Scope 3 emissions?
In 2024, NOK reported total Scope 3 emissions of 2,215,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 99.95% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.05% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has NOK reduced its Scope 3 emissions over time?
Since 2019, NOK's Scope 3 emissions have increased by 726.49%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), NOK's Scope 3 emissions remained relatively stable, indicating that NOK 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does NOK disclose?
In 2024, NOK 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 NOK's Scope 3 emissions?
In 2024, the largest contributors to NOK's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 1,905,000 tCO₂e (86.03%)
- Capital Goods (Cat. 2): 180,000 tCO₂e (8.13%)
- Fuel- and Energy-Related Services (Cat. 3): 88,000 tCO₂e (3.97%)
NOK's Scope 3 Emissions by Categories
Insights into NOK’s GHG Emissions Intensity Compared to Industry Peers
In 2024, NOK reported Scope 1 greenhouse gas (GHG) emissions of 57,000 tCO₂e and total revenues of USD 4,956 millions. This translates into an emissions intensity of 11.5 tCO₂e per millions USD. a
NOK's Scope 1 Emissions Intensity Compared to Peers
How does NOK's GHG emissions intensity compare to its peers?
In 2024, NOK reported a Scope 1 emissions intensity of 11.5 tCO₂e per millions USD. Compared to the peer group median of 9.92 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does NOK rank on GHG emissions intensity within its industry?
In 2024, NOK ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
NOK is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into NOK's Total Carbon Footprint
In 2024, NOK reported a total carbon footprint of 2,896,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.98% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to NOK's total carbon footprint was Scope 3 emissions, accounting for 76.48% of the company's total carbon footprint, followed by Scope 2 emissions at 21.55%. a