In 2024, Storskogen Group 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).
Storskogen Group has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 36,560a | 31,515a | 41,680b | |
Total Scope 2 | ||||
Market-Based | 8,549a | 9,720a | N/A | |
Location-Based | 8,241a | 9,237a | N/A | |
Unspecified Calculation Method | N/A | N/A | 11,018b | |
Total Scope 3 | 1,475,748a | 1,431,131a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 11.7866a | N/A | 12.6945b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Storskogen Group amounted to 44,801 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Storskogen Group increased by 9.94%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Storskogen Group were 36,560 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Storskogen Group's Scope 1 emissions have increased by 163.63%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Storskogen Group's Scope 1 emissions increased by 16.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Storskogen Group reported Scope 2 greenhouse gas (GHG) emissions of 8,549 tCO₂e using the market-based method and 8,241 tCO₂e using the location-based method.a
Compared to the previous year (2023), Storskogen Group's Scope 2 emissions (Location-Based) fell by 10.78% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Storskogen Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Storskogen Group reported 1,475,748 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Storskogen Group includes a breakdown across 12 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.a
In 2024, Storskogen Group reported total Scope 3 emissions of 1,475,748 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 72.73% of these emissions originated from upstream activities such as purchased goods and capital goods, while 27.27% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Storskogen Group's Scope 3 emissions remained relatively stable, indicating that Storskogen Group's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Storskogen Group reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Storskogen Group's Scope 3 emissions were:a
In 2024, Storskogen Group reported Scope 1 greenhouse gas (GHG) emissions of 36,560 tCO₂e and total revenues of USD 3,102 millions. This translates into an emissions intensity of 11.79 tCO₂e per millions USD.a
In 2024, Storskogen Group reported a Scope 1 emissions intensity of 11.79 tCO₂e per millions USD. Compared to the peer group median of 13.69, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Storskogen Group ranked 12 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Storskogen Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Storskogen Group reported a total carbon footprint of 1,520,549 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.31% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Storskogen Group's total carbon footprint was Scope 3 emissions, accounting for 97.05% of the company's total carbon footprint, followed by Scope 1 emissions at 2.4%.a