Crayon Group Holding Asa

Crayon Group Holding ASA, headquartered in Norway and operating in the computer and related services industry, has established comprehensive climate commitments and emissions reporting.

Carbon Emissions:

For the reporting year 2024, Crayon Group Holding ASA reported total greenhouse gas emissions of approximately 24.7 million kg CO2e. This figure comprises:

• Scope 1 emissions: Approximately 620,987 kg CO2e.
• Scope 2 emissions: Approximately 1.78 million kg CO2e (market-based).
• Scope 3 emissions: Approximately 22.3 million kg CO2e, with the largest contributors being purchased goods and services (about 15.8 million kg CO2e) and business travel (about 4.8 million kg CO2e).

In 2023, the company's total emissions were approximately 25.6 million kg CO2e, with Scope 1 at around 603,450 kg CO2e, Scope 2 at approximately 1.89 million kg CO2e (market-based), and Scope 3 at approximately 23.1 million kg CO2e, heavily influenced by purchased goods and services (about 18 million kg CO2e).

Emissions data for prior years include:

• 2022: Scope 1 emissions were approximately 266,000 kg CO2e, and Scope 2 emissions were around 1.26 million kg CO2e (market-based). Scope 3 data for this year was partially reported, with specific figures for business travel and purchased goods and services.
• 2021: Scope 1 emissions were approximately 167,000 kg CO2e, and Scope 2 emissions were approximately 2.19 million kg CO2e (market-based). Scope 3 data for this year included business travel and purchased goods and services.

Climate Commitments and Reduction Targets:

Crayon Group Holding ASA is committed to significant emissions reductions:

• The company has set an internal target to reduce its greenhouse gas emissions by at least 40% by 2030, using 2021 as a base year.
• A more specific target, validated by the Science Based Targets initiative (SBTi), commits Crayon Group Holding ASA to reduce absolute Scope 1 and 2 greenhouse gas emissions by 58.8% by FY2034 from a FY2023 base year.
• Additionally, Crayon Group Holding ASA has committed to reducing Scope 3 greenhouse gas emissions by 63.8% per million Norwegian Krone (NOK) of value added within the same timeframe (by FY2034 from a FY2023 base year).
• The company is also committed to achieving Net Zero emissions by 2050.

Crayon Group Holding ASA has actively engaged with the Science Based Targets initiative, aiming to formalise science-based emission reduction targets in accordance with SBTi guidelines. This initiative is intended to provide a clear roadmap for mitigating carbon emissions.

The organisation's emissions and climate commitments data are cascaded from its ultimate parent, Crayon Group Holding ASA, at cascade level 0.