📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

Nordic Semiconductor ASA

Common Name
Nordic Semiconductor
Country
Norway
Sector
Technology
Industry
Semiconductors
Employees
1,530
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
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
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.
b
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.
b
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.
b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=NOD&reporting_period=2024"

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 ofNordic Semiconductor amounted to1,388metric 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 Semiconductorincreased by 10.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

What are Nordic Semiconductor's Scope 2 emissions?

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

Has Nordic Semiconductor reduced its Scope 2 emissions over time?

Since 2019, Nordic Semiconductor's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 328.4%, reflecting a rising long-term trend in Scope 2 emissions over time.a

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 energya

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

2019202020212022202303507001.05 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 11of 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

20192020202120222023025 k50 k75 k100 ktCO2e-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 COâ‚‚ equivalent (tCOâ‚‚e).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 2019, Nordic Semiconductor's Scope 3 emissionshave remained relatively stable, indicating that Nordic Semiconductor's emissions have plateaued with no significant change in its value chain footprint.a

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 tCOâ‚‚e(80.52%)
  • Capital Goods (Cat. 2): 9,688 tCOâ‚‚e(13.21%)
  • Use of Sold Products (Cat. 11): 2,821 tCOâ‚‚e(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 tCOâ‚‚e and total revenues of USD 406 millions. This translates into an emissions intensity of 0.01 tCOâ‚‚e per millions USD.b

Nordic Semiconductor's Scope 1 Emissions Intensity Compared to Peers

21002,00050,0001,000,000Scope 1 Emissions (tCO2e)502005001,0005,000Revenues (Millions of USD)CFPHMFCCChipMOS TechnologiesYear: 2022Scope 1: 4,303 tCO2eRevenue: $M 765Scope 1 Intensity: 5.62 tCO2e/$MFFFudan MicroelectronicsYear: 2024Scope 1: 113 tCO2eRevenue: $M 492Scope 1 Intensity: 0.23 tCO2e/$MVeriSilicon Microelectronics ShanghaiYear: 2023Scope 1: 28 tCO2eRevenue: $M 329Scope 1 Intensity: 0.09 tCO2e/$MTower SemiconductorYear: 2023Scope 1: 257 tCO2eRevenue: $M 1,423Scope 1 Intensity: 0.18 tCO2e/$MSiltronicYear: 2024Scope 1: 12,998 tCO2eRevenue: $M 1,470Scope 1 Intensity: 8.84 tCO2e/$MPPPowerchip Semiconductor ManufacturingYear: 2024Scope 1: 65,935 tCO2eRevenue: $M 1,365Scope 1 Intensity: 48.29 tCO2e/$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: $M 321Scope 1 Intensity: 0.01 tCO2e/$MCredoYear: 2023Scope 1: 93 tCO2eRevenue: $M 184Scope 1 Intensity: 0.51 tCO2e/$MNanya TechnologyYear: 2024Scope 1: 39,063 tCO2eRevenue: $M 1,042Scope 1 Intensity: 37.49 tCO2e/$MWolfspeedYear: 2023Scope 1: 355,348 tCO2eRevenue: $M 759Scope 1 Intensity: 468.49 tCO2e/$MCirrus LogicYear: 2025Scope 1: 325 tCO2eRevenue: $M 1,896Scope 1 Intensity: 0.17 tCO2e/$MSilicon LaboratoriesYear: 2024Scope 1: 52 tCO2eRevenue: $M 584Scope 1 Intensity: 0.09 tCO2e/$MHHHangzhou Silan MicroelectronicsYear: 2024Scope 1: 85,633 tCO2eRevenue: $M 1,538Scope 1 Intensity: 55.70 tCO2e/$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: 2024Scope 1: 240,952 tCO2eRevenue: $M 1,345Scope 1 Intensity: 179.18 tCO2e/$MMMMacronix InternationalYear: 2023Scope 1: 120,502 tCO2eRevenue: $M 900Scope 1 Intensity: 133.82 tCO2e/$MFFFormosa Advanced TechnologiesYear: 2023Scope 1: 988 tCO2eRevenue: $M 249Scope 1 Intensity: 3.96 tCO2e/$MChina Resources MicroelectronicsYear: 2024Scope 1: 166,803 tCO2eRevenue: $M 1,386Scope 1 Intensity: 120.31 tCO2e/$MGigaDevice SemiconductorYear: 2023Scope 1: 226 tCO2eRevenue: $M 811Scope 1 Intensity: 0.28 tCO2e/$MGlobal UnichipYear: 2024Scope 1: 173 tCO2eRevenue: $M 765Scope 1 Intensity: 0.23 tCO2e/$MSynapticsYear: 2023Scope 1: 212 tCO2eRevenue: $M 1,355Scope 1 Intensity: 0.16 tCO2e/$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 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.99, 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 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).b

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

Want Full Access to Nordic Semiconductor's GHG Emissions Dataset?
Sign Up