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Novo Nordisk A/S

Common Name
Novo Nordisk
Country
Denmark
Sector
Healthcare
Industry
Drug Manufacturers - General
Employees
67,900
Ticker
NOVO B
Exchange
Nasdaq Copenhagen
Description
Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabe...

Novo Nordisk's Climate Target Data Preview

As of 2025, Novo Nordisk has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, 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 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-100%a
2030
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)
Metric Tonnes of CO2 equivalent (mtCO2e)
-33%a
2033
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)
-90%a
2045
*. 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

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a. Novo Nordisk's Annual Report 2025

Insights into Novo Nordisk's Greenhouse Gas Emissions Pathways

As of 2025, Novo Nordisk has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

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

As of 2025, Novo Nordisk has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Novo Nordisk's most ambitious operational target is to reduce these emissions by 100% by 2030, compared to a baseline of 101,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2024.a

Instead of reducing operational emissions, Novo Nordisk has increased them, with 2025 levels exceeding those of the 2024 baseline, placing the company well behind its reduction target.a

Novo Nordisk's Operational (Scope 1+2) Emissions Pathway

202420252030050 k100 k150 k200 kBaselineCurrent (+81%)Target 2030 (-100%)

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

As of 2025, 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 89.64% by 2045, compared to a baseline of 1,448,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2024.a

Instead of reducing value chain emissions, Novo Nordisk has increased them, with 2025 levels exceeding those of the 2024 baseline, placing the company well behind its reduction target.a

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

2024202520450450 k900 k1.35 M1.8 MCurrent (+12%)Target 2045 (-90%)
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