NENT Group

Broadcasting
NENT-B.ST
SEK 318 (1.4)%
Share price
$ 2.5 bn
Market Cap
$ 2.5 bn
Enterprise Value

Carbon footprint

0.67 Ton
GHG emissions per $ 1 mln investment
0.02x the weighted average for S&P 500
FY2021
How is this calculated?
+21%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-50%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

NENT Group aims to achieve carbon neutrality for Scope 1 + 2 by 2023


This target has not been verified as science based according to SBTi
NENT Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

NENT Group's GHG emissions (market-based) (Kt of CO2e)
NENT Group's Carbon intensity (Tons per 1 USDm)

NENT Group's carbon footprint

NENT Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1.7 Kt (+0.28/+21% y-o-y). Carbon intensity also was up at 1.1 t (+0.1/+10% y-o-y).

NENT Group's Scope 3 emissions increased to 86 Kt (+3.3/+4.1% y-o-y).

The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2023, which translates into the estimated reduction of -0.83 Kt per annum over the period of FY2022 - FY2023. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

NENT Group aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2023. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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