Orkla ASA

Common Name
Orkla
Country
Norway
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
20,471
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 GHG Emissions Data Preview

In 2024, Orkla 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).

Orkla has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Orkla's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Orkla amounted to 155,041 metric 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Orkla decreased by 2.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Orkla's Scope 1 Emissions Over Time

20202021202220232024035 k70 k105 k140 ktCO2e+4%-4%-1%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Orkla's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Orkla were 108,116 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Orkla reduced its Scope 1 emissions over time?

Since 2020, Orkla's Scope 1 emissions have decreased by 6.59%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Orkla's Scope 1 emissions decreased by 5.56%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Orkla's Scope 2 emissions?

In 2024, Orkla reported Scope 2 greenhouse gas (GHG) emissions of 7,003 tCOâ‚‚e using the market-based method, and 46,925 tCOâ‚‚e using the location-based method.

Has Orkla reduced its Scope 2 emissions over time?

Since 2020, Orkla's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 33.53%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Orkla's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Orkla 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Orkla use for Scope 2 reporting?

In 2024, Orkla reported its Scope 2 emissions using the market-based method and using the location-based method.

Orkla's Scope 2 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Orkla's Value Chain Emissions

In 2024, Orkla reported 6,467,449 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Orkla includes a breakdown across 13 of 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.

Orkla's Scope 3 Emissions Over Time

2020202120222023202402 M4 M6 M8 MtCO2e+66%-2%+86%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Orkla's Scope 3 emissions?

In 2024, Orkla reported total Scope 3 emissions of 6,467,449 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 65.76% of these emissions originated from upstream activities such as purchased goods and capital goods, while 34.24% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Orkla reduced its Scope 3 emissions over time?

Since 2020, Orkla's Scope 3 emissions have increased by 208.37%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Orkla's Scope 3 emissions remained relatively stable, indicating that Orkla 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Orkla disclose?

In 2024, Orkla reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Orkla's Scope 3 emissions?

In 2024, the largest contributors to Orkla's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 3,924,713 tCOâ‚‚e (60.68%)
  • Investments (Cat. 15): 1,853,552 tCOâ‚‚e (28.66%)
  • Franchises (Cat. 14): 154,980 tCOâ‚‚e (2.4%)

Orkla's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(60.7%)Investments(Cat. 15)(28.7%)Franchises (Cat. 14)(2.4%)

Insights into Orkla's Total Carbon Footprint

In 2024, Orkla reported a total carbon footprint of 6,622,490 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.7% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Orkla's total carbon footprint was Scope 3 emissions, accounting for 97.66% of the company's total carbon footprint, followed by Scope 1 emissions at 1.63%.

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