Otovo ASA

Common Name
Otovo
Country
Norway
Sector
Technology
Industry
Solar
Employees
193
Ticker
OTOVO
Exchange
OSLO BORS
Description
Otovo ASA is a renewable energy company focused on providing solar power solutions across Europe. It specializes in facilitating the installation and management of solar panels for residential homes a...

Otovo's GHG Emissions Data Preview

In 2024, Otovo completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Otovo has also provided a category-level breakdown for 1 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
Unspecified Calculation Method
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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 Otovo's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Otovo amounted to 76 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Otovo decreased by 23.23%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

What are Otovo's Scope 2 emissions?

In 2024, Otovo reported Scope 2 greenhouse gas (GHG) emissions of 76 tCOâ‚‚e without specifying the calculation method.

Has Otovo reduced its Scope 2 emissions over time?

Since 2022, Otovo's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 35.71%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Otovo's Scope 2 emissions (Unspecified Calculation Method) fell by 23.23% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Otovo use for Scope 2 reporting?

In 2024, Otovo reported its Scope 2 emissions using an unspecified methodology.

Otovo's Scope 2 Emissions Over Time

2022202320240255075100tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Otovo's Value Chain Emissions

In 2024, Otovo reported 47,628 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 Otovo includes a breakdown across 1 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.

Otovo's Scope 3 Emissions Over Time

202220232024020 k40 k60 k80 ktCO2e+24%-21%
  • Total Scope 3
  • Year-over-Year Change

What are Otovo's Scope 3 emissions?

In 2024, Otovo reported total Scope 3 emissions of 47,628 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Otovo reduced its Scope 3 emissions over time?

Since 2022, Otovo's Scope 3 emissions have remained relatively stable, indicating that Otovo 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2023), Otovo's Scope 3 emissions decreased by 20.88%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Otovo disclose?

In 2024, Otovo reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

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

  • Downstream Transportation and Distribution (Cat. 9): 1,345 tCOâ‚‚e (100%)

Otovo's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(100.0%)