Nordex SE

Common Name
Nordex
Country
Germany
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
10,778
Ticker
NDX1
Exchange
XETRA
Description
Nordex SE is a leading manufacturer and service provider in the wind power sector. The company's primary function is the production of onshore wind turbines, which play a crucial role in the generatio...

Nordex's GHG Emissions Data Preview

In 2024, Nordex 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).

Nordex 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)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
0000000
Location-Based
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Nordex’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 Nordex’s data sources below and access millions more through our Disclosure Search.

a. Nordex's Integrated Report 2024
a. Nordex's Integrated Report 2024
b. Nordex's Sustainability Report 2020
b. Nordex's Sustainability Report 2020

Insights into Nordex's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Nordex amounted to 81,677 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 Nordex decreased by 12.83%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Nordex's Scope 1 Emissions Over Time

201820192020202220232024020 k40 k60 k80 ktCO2e+76%+41%+161%+6%-20%
  • Total Scope 1
  • Year-over-Year Change

What are Nordex's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nordex were 53,007 metric tons of CO₂ equivalent (tCO₂e). a

Has Nordex reduced its Scope 1 emissions over time?

Since 2018, Nordex's Scope 1 emissions have increased by 448.05%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Nordex's Scope 1 emissions decreased by 20.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Nordex's Scope 2 emissions?

In 2024, Nordex reported Scope 2 greenhouse gas (GHG) emissions of 405 tCO₂e using the market-based method and 28,670 tCO₂e using the location-based method. a

Has Nordex reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Nordex's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nordex 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Nordex use for Scope 2 reporting?

In 2024, Nordex reported its Scope 2 emissions using the market-based method and using the location-based method. a

Nordex's Scope 2 Emissions Over Time

20182019202020222023202407.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Nordex's Value Chain Emissions

In 2024, Nordex reported 4,650,996 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 Nordex includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 11 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Nordex's Scope 3 Emissions Over Time

20182019202020222023202401.5 M3 M4.5 M6 MtCO2e+39049%+93%+30%+15%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Nordex's Scope 3 emissions?

In 2024, Nordex reported total Scope 3 emissions of 4,650,996 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 91.4% of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.6% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Nordex reduced its Scope 3 emissions over time?

Since 2018, Nordex's Scope 3 emissions have increased by 104,065.64%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Nordex's Scope 3 emissions remained relatively stable, indicating that Nordex 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Nordex disclose?

In 2024, Nordex 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 Nordex's Scope 3 emissions?

In 2024, the largest contributors to Nordex's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 3,510,330 tCO₂e (75.47%)
  • Upstream Transportation and Distribution (Cat. 4): 584,292 tCO₂e (12.56%)
  • Use of Sold Products (Cat. 11): 241,343 tCO₂e (5.19%)

Nordex's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(75.5%)UpstreamTransportation andDistribution(Cat. 4)(12.6%)Use of Sold Products(Cat. 11)(5.2%)

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

In 2024, Nordex reported Scope 1 greenhouse gas (GHG) emissions of 53,007 tCO₂e and total revenues of USD 7,595 millions. This translates into an emissions intensity of 6.98 tCO₂e per millions USD. a

Nordex's Scope 1 Emissions Intensity Compared to Peers

501,00010,000200,0002,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)2AurubisYear: 2024Scope 1: 561,000 tCO2eRevenue: $M 19,143Scope 1 Intensity: 29.31 tCO2e/$MJungheinrichYear: 2024Scope 1: 49,600 tCO2eRevenue: $M 5,611Scope 1 Intensity: 8.84 tCO2e/$MDmg MoriYear: 2024Scope 1: 17,668 tCO2eRevenue: $M 2,319Scope 1 Intensity: 7.62 tCO2e/$MFraportYear: 2023Scope 1: 32,600 tCO2eRevenue: $M 4,428Scope 1 Intensity: 7.36 tCO2e/$MKronesYear: 2024Scope 1: 20,887 tCO2eRevenue: $M 5,509Scope 1 Intensity: 3.79 tCO2e/$MPVA TePlaYear: 2024Scope 1: 431 tCO2eRevenue: $M 281Scope 1 Intensity: 1.53 tCO2e/$MSiemens EnergyYear: 2024Scope 1: 175,000 tCO2eRevenue: $M 38,497Scope 1 Intensity: 4.55 tCO2e/$MDEUTZYear: 2023Scope 1: 12,680 tCO2eRevenue: $M 2,284Scope 1 Intensity: 5.55 tCO2e/$MDuerrYear: 2024Scope 1: 46,279 tCO2eRevenue: $M 4,465Scope 1 Intensity: 10.36 tCO2e/$MWashtecYear: 2024Scope 1: 7,752 tCO2eRevenue: $M 496Scope 1 Intensity: 15.62 tCO2e/$MRENK GroupYear: 2024Scope 1: 14,162 tCO2eRevenue: $M 1,187Scope 1 Intensity: 11.93 tCO2e/$M222G EnergyYear: 2024Scope 1: 3,249 tCO2eRevenue: $M 391Scope 1 Intensity: 8.31 tCO2e/$MSixtYear: 2024Scope 1: 8,661 tCO2eRevenue: $M 4,165Scope 1 Intensity: 2.08 tCO2e/$MRationalYear: 2021Scope 1: 2,292 tCO2eRevenue: $M 883Scope 1 Intensity: 2.60 tCO2e/$MGEA GroupYear: 2024Scope 1: 32,278 tCO2eRevenue: $M 5,642Scope 1 Intensity: 5.72 tCO2e/$MPfeiffer Vacuum TechnologyYear: 2024Scope 1: 2,951 tCO2eRevenue: $M 920Scope 1 Intensity: 3.21 tCO2e/$MLPKF Laser & ElectronicsYear: 2023Scope 1: 168 tCO2eRevenue: $M 138Scope 1 Intensity: 1.22 tCO2e/$MWacker NeusonYear: 2024Scope 1: 14,269 tCO2eRevenue: $M 2,326Scope 1 Intensity: 6.14 tCO2e/$MKoenig & BauerYear: 2024Scope 1: 6,712 tCO2eRevenue: $M 1,326Scope 1 Intensity: 5.06 tCO2e/$MSiemens AGYear: 2024Scope 1: 347,000 tCO2eRevenue: $M 84,812Scope 1 Intensity: 4.09 tCO2e/$MTratonYear: 2024Scope 1: 248,370 tCO2eRevenue: $M 49,400Scope 1 Intensity: 5.03 tCO2e/$MBayWaYear: 2023Scope 1: 112,578 tCO2eRevenue: $M 26,956Scope 1 Intensity: 4.18 tCO2e/$MNordexYear: 2024Scope 1: 53,007 tCO2eRevenue: $M 7,595Scope 1 Intensity: 6.98 tCO2e/$M

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

In 2024, Nordex reported a Scope 1 emissions intensity of 6.98 tCO₂e per millions USD. Compared to the peer group median of 5.31 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, Nordex ranked 15 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Nordex's Total Carbon Footprint

In 2024, Nordex reported a total carbon footprint of 4,732,673 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.29% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Nordex's total carbon footprint was Scope 3 emissions, accounting for 98.27% of the company's total carbon footprint, followed by Scope 1 emissions at 1.12%. a

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