Nkt
NKT, also known as NKT Cables, is a leading provider of high-quality cable solutions, headquartered in Denmark (DK). Established in 1891, the company has evolved into a key player in the energy and telecommunications sectors, with a strong presence across Europe and beyond. NKT specialises in the design and manufacture of power cables, including high-voltage and medium-voltage solutions, which are renowned for their reliability and innovative technology. With a commitment to sustainability and efficiency, NKT has achieved significant milestones, including the development of advanced cable systems that support renewable energy projects. The company’s market position is bolstered by its extensive experience and a robust portfolio of products, making it a trusted partner for infrastructure projects worldwide. NKT continues to lead the industry with its cutting-edge solutions and dedication to quality.
DitchCarbon Score
How does Nkt'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 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
Nkt's score of 53 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nkt's reported carbon emissions
In 2023, NKT Cables Group A/S reported total greenhouse gas emissions of approximately 8,123,000 kg CO2e from Scope 3, alongside 14,270,000 kg CO2e from Scope 1 and 41,658,000 kg CO2e from Scope 2. This reflects a commitment to significant emissions reductions, with a target to decrease absolute Scope 1 and 2 emissions by 90% by FY2030, using FY2019 as the baseline. Additionally, NKT aims to reduce Scope 3 emissions from purchased goods and services and the use of sold products by 27.5% by FY2030. NKT has also committed to sourcing 100% renewable electricity by FY2023, a substantial increase from 18% in FY2019, and to maintain this sourcing through 2030. These initiatives align with the Science Based Targets initiative (SBTi) and demonstrate NKT's dedication to addressing climate change and reducing its carbon footprint in the electrical equipment and machinery sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | - | 00,000 | 00,000 |
| Scope 3 | 36,100,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Nkt 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.
