Novo Nordisk A Slash S
Novo Nordisk A/S, headquartered in Denmark (DK), is a global leader in the pharmaceutical industry, specialising in diabetes care, obesity management, and hormone replacement therapies. Founded in 1923, the company has achieved significant milestones, including the development of innovative insulin products and GLP-1 receptor agonists that have transformed diabetes treatment. With a strong presence in Europe, North America, and Asia, Novo Nordisk is renowned for its commitment to sustainability and patient-centric solutions. Its core products, such as insulin pens and diabetes management devices, are distinguished by their advanced technology and user-friendly design. As a pioneer in diabetes care, Novo Nordisk holds a prominent market position, consistently recognised for its contributions to improving patient outcomes and advancing healthcare globally.
DitchCarbon Score
How does Novo Nordisk A Slash S's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Pharmaceutical Preparation Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Novo Nordisk A Slash S's score of 70 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Novo Nordisk A Slash S's reported carbon emissions
In 2024, Novo Nordisk A/S reported total carbon emissions of approximately 2,261,000,000 kg CO2e. This includes Scope 1 emissions of about 85,000,000 kg CO2e, Scope 2 emissions of approximately 16,000,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 2,160,000,000 kg CO2e. Notably, the largest components of Scope 3 emissions were from purchased goods and services (about 1,215,000,000 kg CO2e) and capital goods (approximately 465,000,000 kg CO2e). In 2023, the company reported total emissions of about 1,743,000,000 kg CO2e, with Scope 1 emissions at approximately 78,000,000 kg CO2e and Scope 2 emissions at around 15,000,000 kg CO2e (market-based). The Scope 3 emissions for that year were about 1,743,000,000 kg CO2e. Novo Nordisk has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by 2045. The company has established near-term targets to achieve a 100% reduction in absolute Scope 1 and 2 emissions by 2030, using 2024 as the base year. Additionally, it aims to reduce absolute Scope 3 emissions by 33% by 2033, also compared to the 2024 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the pharmaceutical sector. The company is also focused on engaging its suppliers, with a commitment that key suppliers representing two-thirds of its Scope 3 emissions will have greenhouse gas reduction targets by 2030.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 86,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 75,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Novo Nordisk A Slash S is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
