Nordic Paper

Nordic Paper, a company in the Paper and paper products industry with its headquarters in Norway, has disclosed its greenhouse gas emissions and climate commitments.

For the reporting year 2024, Nordic Paper reported a total of approximately 188.3 million kg CO2e. This comprises approximately 32.1 million kg CO2e for Scope 1 emissions, approximately 81.1 million kg CO2e for Scope 2 emissions (market-based), and approximately 75.1 million kg CO2e for Scope 3 emissions.

In the preceding year, 2023, the company's total emissions were approximately 187.2 million kg CO2e. This included approximately 30.2 million kg CO2e for Scope 1, approximately 88.1 million kg CO2e for Scope 2 (market-based), and approximately 68.8 million kg CO2e for Scope 3.

Nordic Paper is committed to reducing its environmental impact. The company has set a target to reduce direct emissions from its operations and indirect emissions from purchased energy by at least 50% by 2030, using 2020 as the baseline year. This commitment covers both Scope 1 and Scope 2 emissions. This target is cascaded from its parent organisation. Nordic Paper AS is a current subsidiary (cascade level 2) and inherits emissions data. Specifically, its climate initiatives are reported by Nordic Paper Holding AB (publ) for CDP.