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In 2024, Norma Group 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).
Norma Group 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofNorma Group amounted to50,686metric 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 Norma Groupdecreased by 12.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Norma Group were 5,163 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Norma Group's Scope 1 emissions have decreased by 10.89%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Norma Group's Scope 1 emissions increased by 6.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Norma Group reported Scope 2 greenhouse gas (GHG) emissions of 30,794 tCOâ‚‚e using the market-based method and 45,523 tCOâ‚‚e using the location-based method.a
Since 2019, Norma Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Norma Group's emissions have plateaued with no significant change in its energy consumption footprint.ad
Compared to the previous year(2023), Norma Group's Scope 2 emissions(Location-Based) fell by 13.75% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Norma Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Norma Group reported 1,066,280 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 2024 disclosure of Norma Group includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Norma Group reported total Scope 3 emissions of 1,066,280 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 78.53%of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.47%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Norma Group's Scope 3 emissionshave increased by 428.25%, reflecting a rising long-term trend in Scope 3 emissions over time.ad
In 2024, Norma Group 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.
In 2024, the largest contributors to Norma Group's Scope 3 emissions were:a
In 2024, Norma Group reported Scope 1 greenhouse gas (GHG) emissions of 5,163 tCOâ‚‚e and total revenues of USD 1,202 millions. This translates into an emissions intensity of 4.3 tCOâ‚‚e per millions USD.a
In 2024, Norma Group reported a Scope 1 emissions intensity of 4.3 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.39, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Norma Group ranked 11 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Norma Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Norma Group reported a total carbon footprint of 1,116,966 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,838.5% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Norma Group's total carbon footprint was Scope 3 emissions, accounting for 95.46% of the company's total carbon footprint, followed by Scope 2 emissions at 4.08%.a