Orkla ASA

Orkla ASA's reported carbon emissions

Orkla ASA, headquartered in NO and operating within the research and development services industry, has reported significant progress on its climate commitments. For the reporting year 2025, Orkla ASA's total emissions were approximately 6.5 billion kg CO2e. This figure is comprised of approximately 103 million kg CO2e for Scope 1 emissions and about 4.8 million kg CO2e for Scope 2 (market-based) emissions, contributing to a combined Scope 1 and 2 total of around 111 million kg CO2e. Scope 3 emissions were substantial, accounting for approximately 6.4 billion kg CO2e, with purchased goods and services being the largest contributor, followed by investments. Looking back, Orkla ASA reported total emissions of approximately 6.6 billion kg CO2e in 2024 and about 6.5 billion kg CO2e in 2023. The company's climate strategy includes ambitious reduction targets aligned with the Paris Agreement. Orkla ASA has committed to a net-zero emissions target by 2045, which has been validated by the Science-Based Targets initiative (SBTi). Key reduction targets include: * A 65% reduction in greenhouse gas emissions from own operations (Scopes 1 and 2) by 2025, compared to a 2016 base year. * A 70% reduction in Scope 1 and 2 emissions by 2030. * A 90% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2045, from a 2016 base year. * A 50% reduction in absolute Scope 3 GHG emissions by 2030 from a 2020 base year. * A 90% reduction in absolute Scope 3 GHG emissions by 2045 from a 2020 base year. Orkla ASA's commitment extends to addressing deforestation, with a target to ensure no deforestation across its primary deforestation-linked commodities by December 31, 2025. The company's targets have been assessed by the SBTi and are considered consistent with reductions required to keep warming to 1.5°C.