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Arendals Fossekompani
Electricity DistributionNorwayOSL: AFK.OL
Last verified 1 month agoarendalsfossekompani.no
Arendals Fossekompani, often referred to as AFK, is a prominent player in the distribution and trade services of electricity, headquartered in Arendal, Norway. Founded in 1896, the company has a rich history marked by significant milestones in the energy sector, particularly in renewable energy solutions.
AFK operates primarily in Norway, focusing on the distribution of electricity and related services, which include energy management and consultancy. Their commitment to sustainability and innovation sets them apart in a competitive market, as they strive to enhance energy efficiency and reduce environmental impact.
With a strong market position, Arendals Fossekompani has achieved notable recognition for its contributions to the energy landscape, making it a trusted partner in the transition towards a greener future.
69
DitchCarbon score
+52 vs industry average
Arendals Fossekompani’s score of 69 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Electricity Distribution is among the most carbon-intensive industries
Industry performance
3.837
20182025
The Electricity Distribution industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Arendals Fossekompani's reported carbon emissions
Arendals Fossekompani, a Norwegian company in the Distribution and trade services of electricity sector, reported estimated total carbon emissions of approximately 601 million kg CO2e in 2025. This includes about 1.65 million kg CO2e from Scope 1 emissions, 2.88 million kg CO2e from Scope 2 market-based emissions, and approximately 596.48 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2025 were the use of sold products (approximately 541.5 million kg CO2e), purchased goods and services (approximately 27.54 million kg CO2e), and processing of sold products (approximately 13.59 million kg CO2e).
In 2024, the company's estimated total emissions were approximately 696.65 million kg CO2e, comprising around 1.79 million kg CO2e from Scope 1, 4.21 million kg CO2e from Scope 2 market-based, and approximately 677.01 million kg CO2e from Scope 3.
Arendals Fossekompani has set several climate commitments. The company is committed to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2021 base year. Additionally, some entities within Arendals Fossekompani, such as NSSLGlobal UK and Tekna, aim to achieve carbon neutrality by 2050, including specific Scope 3 emissions. The company also aims to reduce Scope 1 and 2 emissions to near zero by 2025. Arendals Fossekompani has also stated a commitment to setting net-zero targets by 2023 to align with the Paris Agreement's goal of limiting global warming to 1.5°C by 2050.
Arendals Fossekompani ASA has near-term Science Based Targets initiative (SBTi) targets classified as 1.5°C, with a target year of 2027 or 2030. Their portfolio targets cover 45% of total investment and lending by invested capital as of 2021, and the targets covering Scope 1 and 2 emissions are consistent with reductions required to keep warming to 1.5°C.
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Arendals Fossekompani’s Climate Goals (2030 & 2050)
2 goals2030
42% reduction in Scope 1
Arendals Fossekompani ASA commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year.
At risk42%
2030
42% reduction in Scope 2
Arendals Fossekompani ASA commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year.
Behind target42%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2027 targetSee details
Active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Arendals Fossekompani1 month ago
69
FIElectrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant WholesalersView
3 days ago
100
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Frequently asked questions
Common questions about Arendals Fossekompani’s sustainability data and climate commitments
In 2025, Arendals Fossekompani reported estimated total carbon emissions of approximately 601 million kg CO2e. The vast majority of these emissions, around 596 million kg CO2e, stem from Scope 3 emissions. Within Scope 3, the use of sold products is the largest contributor, accounting for approximately 541 million kg CO2e. Scope 1 emissions were around 1.65 million kg CO2e, and Scope 2 market-based emissions were about 2.88 million kg CO2e, indicating a significant reliance on indirect emissions within the company's value chain.
Data year: 2025
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