Novo Nordisk A/S

Common Name
Novo Nordisk
Country
Denmark
Sector
Healthcare
Industry
Drug Manufacturers - General
Employees
77,406
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 Energy Data Preview

In 2023, Novo Nordisk disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Novo Nordisk disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Novo Nordisk did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Novo Nordisk's Energy Renewability

In 2023, Novo Nordisk consumed a total of 3.78 million Gigajoules of energy across its operations. Of this total, 84.94% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 15.06% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Novo Nordisk's Energy Renewability Rate

85%

How much of Novo Nordisk's energy consumed is renewable?

In 2023, Novo Nordisk consumed a total of 3.78 million Gigajoules of energy, of which 84.94% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This high level of renewable energy use suggests that Novo Nordisk has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.

Are Novo Nordisk's energy practices becoming more sustainable?

Since 2021, Novo Nordisk's total energy consumption increased by 11.72%, including a 2.91% increase in 2023, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy remained relatively flat in the long term, but rose by 1.04% in 2023, which could signal new momentum toward clean energy transition.

Overall, Novo Nordisk’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Novo Nordisk's Renewable vs Non-renewable Energy Over Time

3.54 M1.54 M464.6 k3.54 MGigajoules (GJ)20212022202384%84%85%16%16%15%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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