Nordic Semiconductor ASA

Common Name
Nordic Semiconductor
Country
Norway
Sector
Technology
Industry
Semiconductors
Employees
1,326
Ticker
NOD
Exchange
OSLO BORS
Description
Nordic Semiconductor ASA is a leading company specializing in the design and manufacturing of ultra-low power, high-performance wireless communication systems. Primarily focused on producing semicondu...

Nordic Semiconductor's GHG Emissions Data Preview

In 2023, Nordic Semiconductor completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

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

a. Nordic Semiconductor's Annual Report 2023
a. Nordic Semiconductor's Annual Report 2023
b. Nordic Semiconductor's Annual Report 2022
b. Nordic Semiconductor's Annual Report 2022

Insights into Nordic Semiconductor's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nordic Semiconductor amounted to 1,388 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Nordic Semiconductor increased by 10.33%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

What are Nordic Semiconductor's Scope 2 emissions?

In 2023, Nordic Semiconductor reported Scope 2 greenhouse gas (GHG) emissions of 185 tCO₂e using the market-based method and 1,388 tCO₂e using the location-based method. a

Has Nordic Semiconductor reduced its Scope 2 emissions over time?

Since 2018, Nordic Semiconductor's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 62.58%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Nordic Semiconductor's Scope 2 emissions (Location-Based) rose by 10.33% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Nordic Semiconductor use for Scope 2 reporting?

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

Nordic Semiconductor's Scope 2 Emissions Over Time

20182019202020212022202303507001.05 k1.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nordic Semiconductor's Value Chain Emissions

In 2023, Nordic Semiconductor reported 73,330 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 Nordic Semiconductor includes a breakdown across 11 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

Nordic Semiconductor's Scope 3 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e+49%-19%-28%+113%-19%
  • Total Scope 3
  • Year-over-Year Change

What are Nordic Semiconductor's Scope 3 emissions?

In 2023, Nordic Semiconductor reported total Scope 3 emissions of 73,330 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 96.15% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.85% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Nordic Semiconductor reduced its Scope 3 emissions over time?

Since 2018, Nordic Semiconductor's Scope 3 emissions have increased by 49.99%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Nordic Semiconductor's Scope 3 emissions decreased by 18.82%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Nordic Semiconductor disclose?

In 2023, Nordic Semiconductor reported emissions for 11 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 Nordic Semiconductor's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 59,045 tCO₂e (80.52%)
  • Capital Goods (Cat. 2): 9,688 tCO₂e (13.21%)
  • Use of Sold Products (Cat. 11): 2,821 tCO₂e (3.85%)

Nordic Semiconductor's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(13.2%)Purchased Goods andServices (Cat. 1)(80.5%)Use of Sold Products(Cat. 11)(3.8%)

Insights into Nordic Semiconductor’s GHG Emissions Intensity Compared to Industry Peers

In 2020, Nordic Semiconductor reported Scope 1 greenhouse gas (GHG) emissions of 3.9 tCO₂e and total revenues of USD 406 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD. b

Nordic Semiconductor's Scope 1 Emissions Intensity Compared to Peers

2501,00020,000500,000Scope 1 Emissions (tCO2e)501005002,0005,000Revenues (Millions of USD)FPEMFFFudan MicroelectronicsYear: 2023Scope 1: 46 tCO2eRevenue: $M 498Scope 1 Intensity: 0.09 tCO2e/$MVeriSilicon Microelectronics ShanghaiYear: 2023Scope 1: 28 tCO2eRevenue: $M 329Scope 1 Intensity: 0.09 tCO2e/$MSilergyYear: 2024Scope 1: 63 tCO2eRevenue: $M 564Scope 1 Intensity: 0.11 tCO2e/$MWinbond ElectronicsYear: 2023Scope 1: 62,898 tCO2eRevenue: $M 2,445Scope 1 Intensity: 25.72 tCO2e/$MTower SemiconductorYear: 2023Scope 1: 257 tCO2eRevenue: $M 1,423Scope 1 Intensity: 0.18 tCO2e/$MPhison ElectronicsYear: 2023Scope 1: 228 tCO2eRevenue: $M 1,572Scope 1 Intensity: 0.15 tCO2e/$MeMemory TechnologyYear: 2023Scope 1: 103 tCO2eRevenue: $M 99Scope 1 Intensity: 1.03 tCO2e/$MSiltronicYear: 2023Scope 1: 11,584 tCO2eRevenue: $M 1,676Scope 1 Intensity: 6.91 tCO2e/$MPPPowerchip Semiconductor ManufacturingYear: 2023Scope 1: 49,145 tCO2eRevenue: $M 1,435Scope 1 Intensity: 34.25 tCO2e/$MTechnoprobeYear: 2024Scope 1: 1,378 tCO2eRevenue: $M 565Scope 1 Intensity: 2.44 tCO2e/$MAlchip TechnologiesYear: 2024Scope 1: 4 tCO2eRevenue: $M 1,567Scope 1 Intensity: 0.00 tCO2e/$MNuvoton TechnologyYear: 2023Scope 1: 39,579 tCO2eRevenue: $M 1,152Scope 1 Intensity: 34.35 tCO2e/$MMontage TechnologyYear: 2023Scope 1: 5 tCO2eRevenue: $M 321Scope 1 Intensity: 0.01 tCO2e/$MCirrus LogicYear: 2025Scope 1: 325 tCO2eRevenue: $M 1,896Scope 1 Intensity: 0.17 tCO2e/$MSilicon LaboratoriesYear: 2023Scope 1: 39 tCO2eRevenue: $M 782Scope 1 Intensity: 0.05 tCO2e/$MKing Yuan ElectronicsYear: 2024Scope 1: 8,683 tCO2eRevenue: $M 820Scope 1 Intensity: 10.59 tCO2e/$MEEElan MicroelectronicsYear: 2023Scope 1: 378 tCO2eRevenue: $M 393Scope 1 Intensity: 0.96 tCO2e/$MSemtechYear: 2023Scope 1: 1,725 tCO2eRevenue: $M 869Scope 1 Intensity: 1.99 tCO2e/$MMelexisYear: 2023Scope 1: 1,176 tCO2eRevenue: $M 1,067Scope 1 Intensity: 1.10 tCO2e/$MVanguard International SemiconductorYear: 2023Scope 1: 203,200 tCO2eRevenue: $M 1,248Scope 1 Intensity: 162.87 tCO2e/$MMMMacronix InternationalYear: 2023Scope 1: 120,502 tCO2eRevenue: $M 900Scope 1 Intensity: 133.82 tCO2e/$MGigaDevice SemiconductorYear: 2023Scope 1: 226 tCO2eRevenue: $M 811Scope 1 Intensity: 0.28 tCO2e/$MGlobal UnichipYear: 2024Scope 1: 173 tCO2eRevenue: $M 765Scope 1 Intensity: 0.23 tCO2e/$MNordic SemiconductorYear: 2020Scope 1: 4 tCO2eRevenue: $M 406Scope 1 Intensity: 0.01 tCO2e/$M

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

In 2020, Nordic Semiconductor reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 0.96 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. b

Where does Nordic Semiconductor rank on GHG emissions intensity within its industry?

In 2020, Nordic Semiconductor ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). b

This places Nordic Semiconductor among the top performers, with one of the lowest emissions intensities relative to peers. b

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