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 28 is higher than 63% 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 2024, Nel ASA reported total carbon emissions of approximately 17,100 kg CO2e for Scope 1, 8,002,000 kg CO2e for Scope 2 (market-based), and 13,363,000 kg CO2e for Scope 3 emissions. The total emissions from Scope 1 and 2 combined were about 8,019,100 kg CO2e. In 2023, emissions were higher, with Scope 1 at 373,000 kg CO2e, Scope 2 (market-based) at 5,905,000 kg CO2e, and Scope 3 at 15,509,000 kg CO2e, leading to a total of approximately 6,278,000 kg CO2e for Scope 1 and 2. Over the years, Nel has shown a significant increase in emissions, particularly in Scope 3, which includes capital goods emissions of about 23,259,000 kg CO2e in 2024. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. Nel ASA's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from their own disclosures. The company is headquartered in Norway and operates within the hydrogen production sector, which is increasingly focused on reducing carbon footprints and enhancing sustainability practices.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 369,000 | 000,000 | 000,000 | - | - | 000,000 | 000,000 |
| Scope 2 | 1,053,400 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 | 00,000,000 | 00,000,000 |
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.
