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 15 is higher than 62% 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 reported total carbon emissions of approximately 32,000 kg CO2e, with Scope 1 emissions at about 400 kg CO2e, Scope 2 emissions at around 1,200 kg CO2e, and Scope 3 emissions contributing approximately 30,300 kg CO2e. This marks a significant reduction in emissions compared to previous years, particularly in Scope 1 and Scope 2, which have seen a downward trend since 2018. In 2022, Nel's total emissions were also about 32,000 kg CO2e, with Scope 1 at 100 kg CO2e, Scope 2 at 1,200 kg CO2e, and Scope 3 at approximately 15,500 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, as evidenced by the consistent decrease in Scope 1 and Scope 2 emissions over the years. From 2018 to 2021, Nel's emissions were significantly higher, with Scope 1 emissions reaching 369,000 kg CO2e in 2018 and Scope 2 emissions peaking at 1,053,400 kg CO2e in the same year. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, Nel's emissions data reflects a positive trend towards lower carbon emissions, particularly in direct operational emissions (Scope 1 and 2), while still facing challenges in managing Scope 3 emissions. The company's ongoing efforts to enhance sustainability practices will be crucial in further reducing its overall carbon footprint.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 369,000 | 000,000 | 000,000 | 000 | 000 | 000 |
| Scope 2 | 1,053,400 | 0,000,000 | 000,000 | 0,000 | 0,000 | 0,000 |
| Scope 3 | - | - | - | 0,000 | 00,000 | 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.
