Orifarm

Orifarm's reported carbon emissions

Orifarm, a company in the Medical, precision and optical instruments, watches and clocks industry based in DK, has outlined its carbon emissions and climate commitments. For the 2024 reporting year, Orifarm reported Scope 1 emissions of approximately 3,178,000 kg CO2e and Scope 2 market-based emissions of approximately 7,300,000 kg CO2e. For the 2023 reporting year, the company reported Scope 1 emissions of approximately 4,420,000 kg CO2e and Scope 2 market-based emissions of approximately 7,529,000 kg CO2e. In terms of reduction targets, Orifarm aimed to reduce its CO2 emissions by 30% by 2025, using 2020 as a baseline. This target applied to both Scope 1 and Scope 2 emissions. Furthermore, Orifarm has committed to a long-term vision of reducing absolute emissions exponentially towards 2050. Recent Science Based Targets initiative (SBTi) data indicates that Orifarm Group A/S has set targets for absolute emissions reductions: 54.6% for Scope 1 and 2 emissions by 2033 from a 2023 base year, and 32.5% for absolute Scope 3 emissions within the same timeframe. These Scope 1 and 2 targets are consistent with reductions needed to keep global warming to 1.5°C. Orifarm is a member of the Business Ambition for 1.5°C initiative. It is noted that Orifarm's emissions data and some reduction targets are cascaded from its ultimate parent organisation, Orifarm Group A/S.