Nel

In 2024, Nel ASA reported total carbon emissions of approximately 13,363,000 kg CO2e, comprising 171,000 kg CO2e from Scope 1, 8,002,000 kg CO2e from Scope 2 (market-based), and 13,363,000 kg CO2e from Scope 3. The previous year, 2023, emissions were slightly higher at approximately 15,509,000 kg CO2e, with Scope 1 emissions at 373,000 kg CO2e and Scope 2 emissions at 5,905,000 kg CO2e (market-based).

In 2022, Nel's emissions were approximately 7,000,000 kg CO2e, with no Scope 1 emissions reported and Scope 2 emissions at 1,000,000 kg CO2e. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments.

Nel ASA operates with a focus on hydrogen production, which is critical in the transition to a low-carbon economy. The company is committed to improving its sustainability practices, although specific climate pledges or initiatives have not been disclosed. The emissions data is not cascaded from any parent organization, indicating that it is independently reported by Nel ASA.