Northvolt

Northvolt's total carbon emissions in 2023 were approximately 343,965,000 kg CO2e. This includes about 734,000 kg CO2e from Scope 1 emissions, 980,000 kg CO2e from market-based Scope 2 emissions, and 342,250,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions were purchased goods and services (282,780,000 kg CO2e) and capital goods (29,250,000 kg CO2e).

In 2022, Northvolt's total emissions were approximately 216,250,000 kg CO2e, comprising about 2,270,000 kg CO2e from Scope 1, 1,180,000 kg CO2e from market-based Scope 2, and 212,800,000 kg CO2e from Scope 3.

Looking back to 2021, the company's Scope 1 emissions were approximately 58,000 kg CO2e, and market-based Scope 2 emissions were about 546,000 kg CO2e. Significant Scope 3 emissions categories included purchased goods and services (34,584,000 kg CO2e) and capital goods (24,760,000 kg CO2e).

Northvolt is committed to reducing the carbon footprint of its cell production. In 2022, they introduced the Carbon Roadmap 2030, which aims to reduce their cell production carbon footprint from 33 kg CO2e/kWh to 10 kg CO2e/kWh by 2030. This represents an ambitious approximately 70% intensity reduction target across their Scope 1 and Scope 2 emissions. They continued working towards these ambitions throughout 2023.