Borregaard ASA 2023 AR2
The report highlights Borregaard's record financial performance in 2023, with EBITDA reaching an all-time high of NOK 1,781 million, demonstrating the resilience of its specialisation strategy. The company made significant progress on its climate transition plan, reducing Scope 1 and 2 greenhouse gas emissions by 8% compared to 2022 through energy conservation and lower fossil fuel use. Additionally, process improvements led to a 15% reduction in organic material (COD) effluents to water. Borregaard also advanced its sustainability platform by investing NOK 230 million in CO2 reduction and energy flexibility projects at its Sarpsborg biorefinery, while maintaining high standards with 99% of purchased wood being PEFC and/or FSC certified.
Company: Borregaard ASA
Sector: Materials
Country: Norway
Year: 2023
Type: AR2
Pages: 147
Borregaard ASA
Annual Report
The report highlights Borregaard's record financial performance in 2023, with EBITDA reaching an all-time high of NOK 1,781 million, demonstrating the resilience of its specialisation strategy. The company made significant progress on its climate transition plan, reducing Scope 1 and 2 greenhouse gas emissions by 8% compared to 2022 through energy conservation and lower fossil fuel use. Additionally, process improvements led to a 15% reduction in organic material (COD) effluents to water. Borregaard also advanced its sustainability platform by investing NOK 230 million in CO2 reduction and energy flexibility projects at its Sarpsborg biorefinery, while maintaining high standards with 99% of purchased wood being PEFC and/or FSC certified.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees