Novo Nordisk A/S

Common Name
Novo Nordisk
Country
Denmark
Sector
Healthcare
Industry
Drug Manufacturers - General
Employees
78,387
Ticker
NOVO B
Exchange
NASDAQ COPENHAGEN A/S
Description
Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, ...

Novo Nordisk's Climate Target Data Preview

As of 2024, Novo Nordisk has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Novo Nordisk ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Business Travel (Cat. 6), Scope 3 - Upstream Leased Assets (Cat. 8)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2033
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Novo Nordisk’s Climate Targets 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 Novo Nordisk’s data sources below and access millions more through our Disclosure Search.

a. Novo Nordisk's Annual Report 2024
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Insights into Novo Nordisk's Greenhouse Gas Emissions Pathways

As of 2024, Novo Nordisk has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a

Does Novo Nordisk have a target to reduce the emissions from its value chain?

As of 2024, Novo Nordisk has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Novo Nordisk's most ambitious value chain target is to reduce these emissions by 33% by 2033, compared to a baseline of 1,493,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2024. a

a

Novo Nordisk's Value Chain (Scope 3) Emissions Pathway

202420330400 k800 k1.2 M1.6 MBaselineTarget 2033 (-33%)
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