Nomad Foods Ltd

Common Name
Nomad Foods
Country
United Kingdom
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
6,864
Ticker
NOMD
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Nomad Foods Ltd. is a leading packaged foods company in Europe. Specializing in offering a variety of frozen food products, its portfolio includes well-known brands such as Birds Eye, Findus, and Iglo...

Nomad Foods's GHG Emissions Data Preview

In 2023, Nomad Foods 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).

However, Nomad Foods has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Nomad Foods's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nomad Foods amounted to 171,030 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Nomad Foods increased by 26.98%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Nomad Foods's Scope 1 Emissions Over Time

2019202120222023030 k60 k90 k120 ktCO2e+37%+24%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Nomad Foods's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nomad Foods were 108,280 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Nomad Foods reduced its Scope 1 emissions over time?

Since 2019, Nomad Foods's Scope 1 emissions have increased by 60.96%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Nomad Foods's Scope 1 emissions decreased by 5.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Nomad Foods's Scope 2 emissions?

In 2023, Nomad Foods reported Scope 2 greenhouse gas (GHG) emissions of 3,070 tCOâ‚‚e using the market-based method, and 62,750 tCOâ‚‚e using the location-based method.

What methodology does Nomad Foods use for Scope 2 reporting?

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

Nomad Foods's Scope 2 Emissions Over Time

2019202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nomad Foods's Value Chain Emissions

In 2023, Nomad Foods reported 279,340 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Nomad Foods includes a breakdown across 0 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.

Nomad Foods's Scope 3 Emissions Over Time

2019202120222023080 k160 k240 k320 ktCO2e-14%+67%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Nomad Foods's Scope 3 emissions?

In 2023, Nomad Foods reported total Scope 3 emissions of 279,340 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Nomad Foods reduced its Scope 3 emissions over time?

Since 2019, Nomad Foods's Scope 3 emissions have increased by 25.27%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Nomad Foods's Scope 3 emissions decreased by 12.28%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Nomad Foods's Total Carbon Footprint

In 2023, Nomad Foods reported a total carbon footprint of 450,370 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.61% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Nomad Foods's total carbon footprint was Scope 3 emissions, accounting for 62.02% of the company's total carbon footprint, followed by Scope 1 emissions at 24.04%.

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