Company

NKT Cables Group A/S

2023

Quick facts

8,137,494

Emissions (ton CO₂e)

2,778.52

Revenue (M USD)

2,928.71

Intensity (t CO₂e / M USD)

Ambition & Development

In 2023, NKT Cables Group A/S reported a total of 8,137,494 ton CO₂e, and a net revenue of 2,778.52 M USD, resulting in a emissions intensity of 2,928.71 t CO₂e / M USD.

Targets

Base year:

2019

Target year:

2030

Reduction:

0.9

Classification:

1.5°C

NKT Cables Group A/S commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2030 from a FY2019 base year.**The target boundary includes land-related emissions and removals from bioenergy feedstocks.

Source: Science Based Target initative

Emissions, Revenue & Intensity

Emissions, Target & Trend

Revenue	2019	2020	2021	2022	2023
Net Revenue (M USD)	1,420.03	1,602.23	2,162.52	2,190.85	2,778.52
Revenue Source

Emissions Overview	2019	2020	2021	2022	2023
Total Emissions - Market Based (t CO₂e)	6,349,868	6,587,215	6,742,551	10,436,578	8,137,494
Emissions Intensity (t CO₂e / M USD)	4,471.63	4,111.29	3,117.91	4,763.71	2,928.71
Cradle-to-gate Intensity (t CO₂e / M USD)	961.36	860.31	685.2	697.03	850.99

Emissions Details	2019	2020	2021	2022	2023
Scope 1	15,601	14,848	14,214	13,386	14,270
Scope 2
Scope 2 - Location Based	43,817	44,427	40,387	38,753	42,587
Scope 2 - Market Based	48,267	13,367	1,337	192	224
Scope 2 - Not specified
Scope 3	6,286,000	6,559,000	6,727,000	10,423,000	8,123,000
Upstream Emissions
1. Purchased goods and services	1,253,000	1,303,000	1,415,000	1,457,000	2,232,000
2. Capital goods	5,500	6,000	6,300	8,900	19,000
3. Fuel- and energy-related activities	4,600	4,100	4,700	4,500	4,800
4. Upstream transportation and distribution	31,700	30,000	32,500	34,700	84,100
5. Waste generated in operations	300	300	200	200	300
6. Business travel	300	200	300	600	1,100
7. Employee commuting	5,900	6,600	7,200	7,600	8,700
8. Upstream leased assets
Downstream Emissions
9. Downstream transportation and distribution	8,600	6,200	8,600	12,000	21,200
10. Processing of sold products
11. Use of sold products	4,786,000	4,998,000	4,984,000	8,644,000	5,484,000
12. End-of-life treatment of sold products	192,000	205,000	269,000	254,000	267,000
13. Downstream leased assets
14. Franchises
15. Investments
Total Emissions	6,349,868	6,587,215	6,742,551	10,436,578	8,137,494
Emission Source

Open Sustainability Index

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