Public Profile

Novo Nordisk A Slash S

Novo Nordisk A/S, headquartered in Denmark (DK), is a global leader in the pharmaceutical industry, specialising in diabetes care, obesity management, and hormone replacement therapies. Founded in 1923, the company has achieved significant milestones, including the development of innovative insulin products and GLP-1 receptor agonists that have transformed diabetes treatment. With a strong presence in Europe, North America, and Asia, Novo Nordisk is renowned for its commitment to sustainability and patient-centric solutions. Its core products, such as insulin pens and diabetes management devices, are distinguished by their advanced technology and user-friendly design. As a pioneer in diabetes care, Novo Nordisk holds a prominent market position, consistently recognised for its contributions to improving patient outcomes and advancing healthcare globally.

DitchCarbon Score

How does Novo Nordisk A Slash S'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.

33

Industry Average

Mean score of companies in the Medical Device Manufacturing 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.

13

Industry Benchmark

Novo Nordisk A Slash S's score of 33 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

Novo Nordisk A Slash S's reported carbon emissions

In 2023, Novo Nordisk A/S reported total carbon emissions of approximately 3,831,000,000 kg CO2e. This figure includes 78,000,000 kg CO2e from Scope 1 emissions, 15,000,000 kg CO2e from Scope 2 emissions, and a significant 3,738,000,000 kg CO2e from Scope 3 emissions. The company has made substantial commitments to reduce its carbon footprint, aiming for net-zero emissions by 2045. Novo Nordisk has set ambitious near-term targets, committing to a 100% reduction in Scope 1 and Scope 2 emissions by 2030, using 2018 as the base year. This commitment also extends to its supply chain, with plans for 300 key suppliers—representing about two-thirds of its Scope 3 emissions—to establish their own greenhouse gas reduction targets by 2030. The company's emissions data reflects a proactive approach to sustainability within the pharmaceutical sector, aligning with industry standards for climate action and demonstrating a commitment to mitigating climate change impacts.

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Add to project
20192020202120222023
Scope 1
86,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
75,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
145,000,000
00,000,000
00,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Novo Nordisk A Slash S's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is 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. Novo Nordisk A Slash S is headquartered in DK, which has a rank of low, indicating low grid carbon intensity.

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.

Novo Nordisk A Slash S is committed to some reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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