Orkla

Packaged Foods & Meats
ORK.OL
NOK 76 0.82
Share price
$ 7.8 bn
Market Cap
$ 9.3 bn
Enterprise Value

Carbon footprint

13 Ton
GHG emissions per $ 1 mln investment
0.45x the weighted average for S&P 500
FY2021
How is this calculated?
-4.5%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

Orkla aims to reduce Scope 1 + 2 by 63% by 2025 from a base year 2014


1.5°C
Orkla's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Orkla's carbon footprint

Orkla reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 117 Kt (-5.6 /-4.5% y-o-y). Also positively, carbon intensity decreased to 24 t (-3.2 /-11.8% y-o-y).

Orkla's Scope 3 emissions declined to 1,817 Kt (-75 /-3.9% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 63% by 2025 from a base year 2014, which translates into the estimated reduction of -2.7 Kt per annum over the period of FY2022 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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