NKT, also known as NKT Cables, is a leading provider of high-quality cable solutions, headquartered in Denmark (DK). Established in 1891, the company has evolved into a key player in the energy and telecommunications sectors, with a strong presence across Europe and beyond. NKT specialises in the design and manufacture of power cables, including high-voltage and medium-voltage solutions, which are renowned for their reliability and innovative technology. With a commitment to sustainability and efficiency, NKT has achieved significant milestones, including the development of advanced cable systems that support renewable energy projects. The company’s market position is bolstered by its extensive experience and a robust portfolio of products, making it a trusted partner for infrastructure projects worldwide. NKT continues to lead the industry with its cutting-edge solutions and dedication to quality.
How does Nkt'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.
Mean score of companies in the Electricity from Other Sources 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.
Nkt's score of 55 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, NKT Cables Group A/S reported total greenhouse gas emissions of approximately 4,501,492,000 kg CO2e. This includes Scope 1 emissions of about 25,887,000 kg CO2e, Scope 2 emissions of approximately 32,400 kg CO2e (market-based), and a significant Scope 3 total of around 4,566,958,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (approximately 2,252,754,000 kg CO2e) and the use of sold products (about 1,718,496,000 kg CO2e). NKT has set ambitious climate commitments, aiming for net-zero emissions across its value chain by 2050. Near-term targets include a 90% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2019 baseline, alongside a commitment to source 100% renewable electricity by 2024. Additionally, the company aims to reduce absolute Scope 3 emissions from purchased goods and services and the use of sold products by 27.5% by 2030. In 2021, NKT achieved a notable 34% reduction in Scope 1 and 2 emissions compared to 2020, demonstrating progress towards its long-term goals. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect NKT's commitment to sustainable practices within the electrical equipment and machinery sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 23,784,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 51,236,000 | 00,000,000 | 000,000 | 00,000 | 000,000 |
Scope 3 | 3,411,629,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 |
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.
Nkt is participating in some 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.