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Insurance Services
NO
updated 2 months ago

Arctic Sustainability Profile

Company website

Arctic, officially known as Arctic AS, is a leading provider of high-performance cooling solutions, headquartered in Norway. Established in 2001, the company has made significant strides in the computer hardware industry, particularly in thermal management and cooling technology. With a strong presence in Europe and North America, Arctic is renowned for its innovative products, including CPU coolers, GPU coolers, and thermal paste, which are designed to enhance performance and longevity. The company’s commitment to quality and efficiency has positioned it as a trusted name among gamers and PC enthusiasts. Notable achievements include multiple awards for product design and performance, solidifying Arctic's reputation as a market leader. With a focus on sustainability and user-centric design, Arctic continues to push the boundaries of cooling technology, ensuring optimal performance for a wide range of applications.

DitchCarbon Score

How does Arctic'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.

25

Industry Average

Mean score of companies in the Insurance Services 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.

33

Industry Benchmark

Arctic's score of 25 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

35%

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Arctic's reported carbon emissions

In 2023, Arctic reported direct CO2 emissions of approximately 236 kg CO2e (Scope 1) and indirect CO2 emissions from external energy suppliers of about 44,000 kg CO2e (Scope 2). Additionally, emissions from their major supplier of raw materials contributed approximately 88,000 kg CO2e, which is classified under both Scope 1 and 2. For the previous year, 2022, Arctic's total emissions reached approximately 716,480 kg CO2e, with Scope 2 emissions accounting for about 106,060 kg CO2e, primarily from purchased heat and electricity. Notably, Scope 3 emissions were significant, totalling around 610,420 kg CO2e, largely driven by business travel. Despite these figures, Arctic has not disclosed any specific reduction targets or initiatives, nor do they appear to have cascaded data from a parent organization. Their climate commitments remain unspecified, indicating a potential area for future development in sustainability practices.

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Access structured emissions data, company-specific emission factors, and source documents

2022
Scope 1
-
Scope 2
106,060
Scope 3
610,420

How Carbon Intensive is Arctic's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Arctic's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Arctic's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Arctic is in NO, which has a very low grid carbon intensity relative to other regions.

Arctic's Scope 3 Categories Breakdown

Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" being the largest emissions source at 98% of Scope 3 emissions.

Top Scope 3 Categories

2022
Business Travel
98%
Waste Generated in Operations
<1%

Arctic's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Arctic has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Arctic's Emissions with Industry Peers

EURO STOXX Banks USD Index

Updated 29 days ago

Elan Microelectronics

TW
•
Electrical machinery and apparatus n.e.c. (31)
Updated 5 days ago

Samsung

KR
•
Electrical machinery and apparatus n.e.c. (31)
Updated 4 days ago

Snowflake

US
•
Computer and related services (72)
Updated about 1 month ago

Skandinaviska Enskilda Banken AB (publ)

SE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 4 hours ago

Twilio

US
•
Computer and related services (72)
Updated 2 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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