Nolato AB

Common Name
Nolato
Country
Sweden
Sector
Healthcare
Industry
Medical Devices
Employees
5,461
Ticker
NOLA B
Exchange
NASDAQ STOCKHOLM AB
Description
Nolato AB (publ) develops, manufactures, and sells plastic, silicone, and thermoplastic elastomer products in Europe, Asia, North America, and internationally. It operates through the Medical Solution...

Nolato's GHG Emissions Data Preview

In 2023, Nolato 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).

Nolato has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Nolato’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 Nolato’s data sources below and access millions more through our Disclosure Search.

a. Nolato's Annual Report 2023
a. Nolato's Annual Report 2023

Insights into Nolato's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nolato amounted to 41,624 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 2022, the total operational greenhouse gas (GHG) emissions of Nolato decreased by 15.97%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Nolato's Scope 1 Emissions Over Time

20212022202307001.4 k2.1 k2.8 ktCO2e-8%-36%
  • Total Scope 1
  • Year-over-Year Change

What are Nolato's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nolato were 1,585 metric tons of CO₂ equivalent (tCO₂e). a

Has Nolato reduced its Scope 1 emissions over time?

Since 2021, Nolato's Scope 1 emissions have decreased by 41.3%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Nolato's Scope 1 emissions decreased by 35.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Nolato's Scope 2 emissions?

In 2023, Nolato reported Scope 2 greenhouse gas (GHG) emissions of 10,607 tCO₂e using the market-based method and 40,039 tCO₂e using the location-based method. a

Has Nolato reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Nolato's Scope 2 emissions (Location-Based) fell by 14.93% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Nolato use for Scope 2 reporting?

In 2023, Nolato reported its Scope 2 emissions using the market-based method and using the location-based method. a

Nolato's Scope 2 Emissions Over Time

202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nolato's Value Chain Emissions

In 2023, Nolato reported 315,799 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 2023 disclosure of Nolato includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Nolato's Scope 3 Emissions Over Time

2021202220230150 k300 k450 k600 ktCO2e-12%-16%
  • Total Scope 3
  • Year-over-Year Change

What are Nolato's Scope 3 emissions?

In 2023, Nolato reported total Scope 3 emissions of 315,799 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 96.91% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.09% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Nolato reduced its Scope 3 emissions over time?

Since 2021, Nolato's Scope 3 emissions have decreased by 26.16%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Nolato's Scope 3 emissions decreased by 15.62%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Nolato disclose?

In 2023, Nolato reported emissions for 13 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 Nolato's Scope 3 emissions?

In 2023, the largest contributors to Nolato's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 244,022 tCO₂e (77.27%)
  • Downstream Transportation and Distribution (Cat. 9): 32,255 tCO₂e (10.21%)
  • Capital Goods (Cat. 2): 10,465 tCO₂e (3.31%)

Nolato's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(10.2%)Purchased Goods andServices (Cat. 1)(77.3%)Capital Goods(Cat. 2)(3.3%)

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

In 2023, Nolato reported Scope 1 greenhouse gas (GHG) emissions of 1,585 tCO₂e and total revenues of USD 946 millions. This translates into an emissions intensity of 1.68 tCO₂e per millions USD. a

Nolato's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000100,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)ISnibeYear: 2023Scope 1: 210 tCO2eRevenue: $M 553Scope 1 Intensity: 0.38 tCO2e/$MGuerbetYear: 2024Scope 1: 39,081 tCO2eRevenue: $M 886Scope 1 Intensity: 44.13 tCO2e/$MMedacta GroupYear: 2024Scope 1: 1,296 tCO2eRevenue: $M 577Scope 1 Intensity: 2.25 tCO2e/$MSectraYear: 2024Scope 1: 148 tCO2eRevenue: $M 269Scope 1 Intensity: 0.55 tCO2e/$MLifeTech ScientificYear: 2023Scope 1: 1,528 tCO2eRevenue: $M 195Scope 1 Intensity: 7.84 tCO2e/$MInspire Medical SystemsYear: 2023Scope 1: 51 tCO2eRevenue: $M 625Scope 1 Intensity: 0.08 tCO2e/$MVitrolifeYear: 2024Scope 1: 742 tCO2eRevenue: $M 327Scope 1 Intensity: 2.27 tCO2e/$MElektaYear: 2024Scope 1: 6,141 tCO2eRevenue: $M 1,643Scope 1 Intensity: 3.74 tCO2e/$MUnited ImagingYear: 2023Scope 1: 26,821 tCO2eRevenue: $M 1,606Scope 1 Intensity: 16.71 tCO2e/$MLivaNovaYear: 2024Scope 1: 14,173 tCO2eRevenue: $M 1,253Scope 1 Intensity: 11.31 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MOlympusYear: 2025Scope 1: 24,120 tCO2eRevenue: $M 6,650Scope 1 Intensity: 3.63 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MYuwellYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,122Scope 1 Intensity: 1.96 tCO2e/$MGetingeYear: 2024Scope 1: 12,710 tCO2eRevenue: $M 3,154Scope 1 Intensity: 4.03 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2023Scope 1: 5,383 tCO2eRevenue: $M 3,622Scope 1 Intensity: 1.49 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MGN Store NordYear: 2024Scope 1: 2,748 tCO2eRevenue: $M 2,506Scope 1 Intensity: 1.10 tCO2e/$MNolatoYear: 2023Scope 1: 1,585 tCO2eRevenue: $M 946Scope 1 Intensity: 1.68 tCO2e/$M

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

In 2023, Nolato reported a Scope 1 emissions intensity of 1.68 tCO₂e per millions USD. Compared to the peer group median of 2.27 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Nolato rank on GHG emissions intensity within its industry?

In 2023, Nolato ranked 8 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Nolato is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Nolato's Total Carbon Footprint

In 2023, Nolato reported a total carbon footprint of 357,423 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.66% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Nolato's total carbon footprint was Scope 3 emissions, accounting for 88.35% of the company's total carbon footprint, followed by Scope 2 emissions at 11.2%. a

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