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Nord-Lock Group, headquartered in Sweden, is a leading innovator in the field of bolt securing solutions. Founded in 1982, the company has established a strong presence in various operational regions, including Europe, North America, and Asia. Specialising in advanced locking systems, Nord-Lock is renowned for its unique wedge-locking technology, which effectively prevents bolt loosening due to vibration and dynamic loads.
With a commitment to quality and safety, Nord-Lock's core products include bolt securing washers and other fastening solutions that cater to industries such as construction, automotive, and energy. The company has achieved significant milestones, including numerous patents and a reputation for excellence in engineering. As a trusted partner in the fastening industry, Nord-Lock continues to set benchmarks for reliability and performance, solidifying its market position as a go-to provider for critical applications.
+4 vs industry average
Nord Lock’s score of 41 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electrical Machinery Manufacturing has above-average carbon intensity
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
In 2023, Nord-Lock Group reported total greenhouse gas emissions of approximately 424,000 kg CO2e. The emissions breakdown includes Scope 1 emissions of about 3,142,000 kg CO2e and significant Scope 3 emissions, particularly from purchased goods and services, which accounted for approximately 27,324,000 kg CO2e. Notably, there is no reported data for Scope 2 emissions.
Nord-Lock Group has set ambitious climate commitments, aiming to achieve a 90% reduction in absolute Scope 1, 2, and 3 greenhouse gas emissions by 2050, using 2022 as the base year. This target encompasses emissions from various categories, including purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, and business travel. Additionally, the company has committed to reducing absolute Scope 1 and 2 emissions by 58.8% by 2034.
Furthermore, Nord-Lock Group is dedicated to reaching net-zero greenhouse gas emissions across its entire value chain by 2050. These commitments align with the Science Based Targets initiative (SBTi) and reflect the company's proactive approach to addressing climate change and reducing its carbon footprint.
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2050
90% reduction in Scope 2
Nord-Lock Group commits to reduce absolute scope 2 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related…
2050
90% reduction in Scope 1
Nord-Lock Group commits to reduce absolute scope 1 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related…
2050
90% reduction in scope 3 total
Nord-Lock Group commits to reduce absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related…
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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Common questions about Nord Lock’s sustainability data and climate commitments
Data year: 2023
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