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Volue AS

Common Name
Volue
Country
Norway
Sector
Technology
Industry
Software - Application
Employees
800
Ticker
VOLUE
Exchange
OSLO BORS
Description
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates through three seg...

Volue's GHG Emissions Data Preview

In 2023, Volue 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).

Volue has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
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Verified Sources Behind Volue’s Greenhouse Gas (GHG) Emissions 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 Volue’s data sources below and access millions more through our Disclosure Search.

a. Volue's ESG Report 2023
a. Volue's ESG Report 2023

Insights into Volue's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofVolue amounted to243.6metric 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 2022, the total operational greenhouse gas (GHG) emissions of Volueincreased by 91.06%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Volue's Scope 1 Emissions Over Time

20212022202305101520tCO2e+18%
  • Total Scope 1
  • Year-over-Year Change

What are Volue's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Volue were 20 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2022), Volue's Scope 1 emissions increased by 17.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Volue's Scope 2 emissions?

In 2023, Volue reported Scope 2 greenhouse gas (GHG) emissions of 223.6 tCOâ‚‚e using the location-based method.a

Has Volue reduced its Scope 2 emissions over time?

Since 2021, Volue's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 132.43%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2022), Volue's Scope 2 emissions(Location-Based) rose by 102.35% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Volue use for Scope 2 reporting?

In 2023, Volue reported its Scope 2 emissions using the location-based method.a

Volue's Scope 2 Emissions Over Time

202120222023060120180240tCO2e
  • Total Scope 2 Location-Based

Insights into Volue's Value Chain Emissions

In 2023, Volue reported 329 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2023 disclosure of Volue includes a breakdown across 2of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Volue's Scope 3 Emissions Over Time

202120222023095190285380tCO2e+319%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Volue's Scope 3 emissions?

In 2023, Volue reported total Scope 3 emissions of 329 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

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.a

Has Volue reduced its Scope 3 emissions over time?

Since 2021, Volue's Scope 3 emissionshave increased by 270.08%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2022), Volue's Scope 3 emissions decreased by 11.58%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Volue disclose?

In 2023, Volue reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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

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

In 2023, the largest contributors to Volue's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 299.2 tCOâ‚‚e(93.79%)
  • Waste Generated in Operations (Cat. 5): 19.8 tCOâ‚‚e(6.21%)

Volue's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(6.2%)Business Travel(Cat. 6)(93.8%)

Insights into Volue's Total Carbon Footprint

In 2023, Volue reported a total carbon footprint of 572.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.61% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Volue's total carbon footprint was Scope 3 emissions, accounting for 57.46% of the company's total carbon footprint, followed by Scope 2 emissions at 39.05%.a

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