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In 2024, Norske Skog 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).
Norske Skog has also provided a category-level breakdown for 9 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 ofNorske Skog amounted to399,004metric 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 Norske Skogdecreased by 8.89%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Norske Skog were 250,372 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Norske Skog's Scope 1 emissions decreased by 2.68%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Norske Skog reported Scope 2 greenhouse gas (GHG) emissions of 1,503,357 tCOâ‚‚e using the market-based method and 148,632 tCOâ‚‚e using the location-based method.a
Compared to the previous year(2023), Norske Skog's Scope 2 emissions(Location-Based) fell by 17.72% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Norske Skog reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Norske Skog reported 811,552 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 Norske Skog includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Norske Skog reported total Scope 3 emissions of 811,552 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 76.79%of these emissions originated from upstream activities such as purchased goods and capital goods, while 23.21%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Norske Skog's Scope 3 emissions remained relatively stable, indicating that Norske Skog's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Norske Skog reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Norske Skog's Scope 3 emissions were:a
In 2024, Norske Skog reported Scope 1 greenhouse gas (GHG) emissions of 250,372 tCOâ‚‚e and total revenues of USD 814 millions. This translates into an emissions intensity of 307.47 tCOâ‚‚e per millions USD.a
In 2024, Norske Skog reported a Scope 1 emissions intensity of 307.47 tCOâ‚‚e per millions USD. Compared to the peer group median of 559.7, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Norske Skog 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
Norske Skog is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Norske Skog reported a total carbon footprint of 1,210,556 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.05% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Norske Skog's total carbon footprint was Scope 3 emissions, accounting for 67.04% of the company's total carbon footprint, followed by Scope 1 emissions at 20.68%.a