Nel
Nel ASA, commonly referred to as Nel, is a leading hydrogen solutions provider headquartered in Norway. Founded in 1927, the company has established itself as a pioneer in the hydrogen industry, focusing on the production, storage, and distribution of hydrogen fuel. With significant operations across Europe, North America, and Asia, Nel is at the forefront of the transition to sustainable energy. The company offers a range of innovative products, including electrolyser systems and hydrogen refuelling stations, which are distinguished by their efficiency and reliability. Nel's commitment to advancing hydrogen technology has positioned it as a key player in the global market, contributing to various high-profile projects aimed at reducing carbon emissions. With a strong emphasis on sustainability, Nel continues to drive the adoption of hydrogen as a clean energy source, solidifying its reputation as an industry leader.
DitchCarbon Score
How does Nel'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 Gas/Diesel Oil 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
Nel's score of 21 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nel's reported carbon emissions
In 2023, Nel ASA reported total carbon emissions of approximately 32,000 kg CO2e. This figure includes 400 kg CO2e from Scope 1 emissions, 1,200 kg CO2e from Scope 2 emissions, and a significant 30,300 kg CO2e from Scope 3 emissions. The company has shown a notable reduction in emissions over the years, particularly in Scope 1 and 2, where emissions were 1,402,000 kg CO2e in 2020 and 2,000,000 kg CO2e in 2021, indicating a shift towards more sustainable practices. Despite these reductions, Nel ASA has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action. The emissions data is not cascaded from any parent organization, indicating that these figures are solely from Nel ASA's operations. Overall, while Nel ASA has made strides in reducing its carbon footprint, the lack of formal reduction commitments highlights an area for potential growth in their climate strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 369,000 | 000,000 | 000,000 | - | - | 000 |
| Scope 2 | 1,053,400 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000 |
| Scope 3 | - | - | - | - | 0,000,000 | 00,000 |
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.
Nel is not participating in any 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.
