Orkla ASA

Common Name
Orkla
Country
Norway
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
19,080
Ticker
ORK
Exchange
OSLO BORS
Description
Orkla ASA is a leading industrial investment company based in Norway, prominently engaging in branded consumer goods. Its core purpose is to develop robust and sustainable business models primarily fo...

Orkla's Climate Target Data Preview

As of 2023, Orkla has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 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 Orkla ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2025
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2045
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2045
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Verified Sources Behind Orkla’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 Orkla’s data sources below and access millions more through our Disclosure Search.

a. Orkla's TCFD Report 2022
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b. Orkla's Annual Report 2023
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Insights into Orkla's Greenhouse Gas Emissions Pathways

As of 2023, Orkla 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 b

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

As of 2023, Orkla has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. b

Orkla's most ambitious operational target is to reduce these emissions by 90% by 2045, compared to a baseline of 303,663 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016. b

As of 2023, Orkla is ahead of schedule on its operational emissions reduction target, having achieved 68.96% of the planned reduction. b

Orkla's Operational (Scope 1+2) Emissions Pathway

20162023202520302045080 k160 k240 k320 kBaselineCurrent (-62%)Target 2045 (-90%)

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

As of 2023, Orkla has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Orkla's most ambitious value chain target is to reduce these emissions by 90% by 2045, compared to a baseline of 2,010,210 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016. a

Instead of reducing value chain emissions, Orkla has increased them, with 2022 levels exceeding those of the 2016 baseline, placing the company well behind its reduction target. a

Orkla's Value Chain (Scope 3) Emissions Pathway

201620222025203020450550 k1.1 M1.65 M2.2 MCurrent (+0%)Target 2025 (-30%)Target 2030 (-50%)Target 2045 (-90%)
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