Oersted Technology

Oersted Technology, a US-based company in the Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables sector, has set ambitious climate targets. For 2022, the company reported total emissions of approximately 13.76 billion kg CO2e. This figure includes Scope 1 emissions of approximately 2.51 billion kg CO2e, Scope 2 emissions of approximately 45 million kg CO2e (location-based), and Scope 3 emissions of approximately 11 billion kg CO2e.

Oersted Technology is committed to achieving net-zero emissions across scopes 1, 2, and 3 by 2040. This long-term goal includes a significant reduction of 90% in absolute Scope 3 emissions, specifically from gas sales. In the near term, the company aims for carbon neutrality across scopes 1 and 2 by 2025. Furthermore, Oersted Technology is targeting a 98% reduction in its Scope 1 and 2 emissions intensity by 2025, compared to a 2006 baseline.

Previous emissions data indicates a total of approximately 2 billion kg CO2e for 2020 and Scope 3 emissions of approximately 29.2 billion kg CO2e for 2018. A total emission figure of approximately 14 billion kg CO2e was reported for 2007.