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Financial Intermediation
NO
updated a month ago

Nord Pool AS

Company website

Nord Pool AS, headquartered in Norway, is a leading power market operator in Europe, renowned for its innovative approach to energy trading. Founded in 1996, Nord Pool has established itself as a pivotal player in the electricity market, facilitating cross-border trading across the Nordic and Baltic regions. The company offers a range of services, including day-ahead and intraday market trading, which are distinguished by their transparency and efficiency. With a commitment to sustainability, Nord Pool supports the transition to renewable energy sources, making it a vital component of the European energy landscape. Recognised for its market leadership, Nord Pool has achieved significant milestones, including the expansion of its trading platform and the integration of new technologies. As a trusted partner for energy producers and consumers alike, Nord Pool continues to shape the future of energy trading in Europe.

DitchCarbon Score

How does Nord Pool AS'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.

93

Industry Average

Mean score of companies in the Financial Intermediation 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.

27

Industry Benchmark

Nord Pool AS's score of 93 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

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Nord Pool AS's reported carbon emissions

Inherited from Euronext N.V.

As of the latest available data, Nord Pool AS does not report specific carbon emissions figures, indicating a lack of disclosed emissions data. The company is a current subsidiary of Euronext N.V., which may influence its climate commitments and reporting practices. Nord Pool AS is aligned with various climate initiatives through its parent company, Euronext N.V., which has set science-based targets (SBTi) and participates in the Carbon Disclosure Project (CDP). These initiatives aim to enhance transparency and accountability in emissions reporting and reduction efforts. However, specific reduction targets or achievements for Nord Pool AS have not been disclosed. The absence of direct emissions data suggests that Nord Pool AS may be in the early stages of developing its climate strategy or reporting framework. As the energy market evolves, the company is likely to focus on enhancing its sustainability practices and aligning with industry standards for carbon emissions reduction.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
370,000
000,000
000,000
000,000
0,000,000
0,000,000
Scope 2
-
0,000,000
000,000
0,000,000
000,000
0,000,000
Scope 3
17,500,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nord Pool AS's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low 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. This request for Nord Pool AS is in NO, which has a very low grid carbon intensity relative to other regions.

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.

Nord Pool AS 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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