Northern Genesis Acquisition Corp. Sustainability Profile
Northern Genesis Acquisition Corp., headquartered in the United States, is a prominent player in the special purpose acquisition company (SPAC) sector. Founded in 2020, the firm focuses on identifying and merging with innovative companies in the technology and sustainability industries, aiming to drive growth and create value for shareholders. With a strategic emphasis on electric vehicles and clean energy solutions, Northern Genesis has positioned itself as a leader in facilitating the transition to a more sustainable future. The company has achieved significant milestones, including successful mergers that have enhanced its market presence and operational capabilities. Renowned for its commitment to environmental responsibility and technological advancement, Northern Genesis Acquisition Corp. continues to make strides in the evolving landscape of sustainable investments, solidifying its reputation as a forward-thinking entity in the financial markets.
DitchCarbon Score
How does Northern Genesis Acquisition Corp.'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 Household Employment 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
Northern Genesis Acquisition Corp.'s score of 41 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Northern Genesis Acquisition Corp., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes The Lion Electric Company, from which it inherits emissions data and climate initiatives. As a merged entity, Northern Genesis Acquisition Corp. aligns its climate commitments with those of The Lion Electric Company. While specific reduction targets and initiatives are not detailed, the company is expected to adhere to industry standards and best practices in carbon management. The Lion Electric Company, as the source of performance data, may have its own climate strategies that could influence Northern Genesis's approach. Given the lack of direct emissions data and specific reduction targets, Northern Genesis Acquisition Corp. appears to be in the early stages of establishing its own climate commitments. The company is likely to focus on integrating sustainable practices and aligning with broader industry efforts to reduce carbon footprints, particularly in the electric vehicle sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 480,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 18,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 |
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Northern Genesis Acquisition Corp.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Northern Genesis Acquisition Corp. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
