Public Profile

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.

15

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.

12

Industry Benchmark

Nel's score of 15 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

Nel's reported carbon emissions

In 2023, Nel reported total carbon emissions of approximately 32,000 kg CO2e, comprising 400 kg CO2e from Scope 1, 1,200 kg CO2e from Scope 2, and 30,300 kg CO2e from Scope 3 emissions. This marks a significant reduction in emissions compared to previous years, with total emissions remaining consistent at about 32,000 kg CO2e in both 2022 and 2021. In 2021, Nel's emissions were also around 32,000 kg CO2e, with Scope 1 emissions at 400 kg CO2e, Scope 2 at 1,700 kg CO2e, and Scope 3 at 7,300 kg CO2e. In 2022, Scope 1 emissions decreased to 100 kg CO2e, while Scope 2 emissions were 1,200 kg CO2e, and Scope 3 emissions increased to 15,500 kg CO2e. Despite these reductions, Nel has not publicly committed to specific reduction targets or initiatives, nor have they joined any formal climate pledges. The company continues to focus on improving its carbon footprint, particularly in Scope 3 emissions, which represent the majority of their total emissions.

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201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nel's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Nel is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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