Borregaard ASA 2024 AR2
The report highlights Borregaard's record-high EBITDA of NOK 1,874 million in 2024, driven by strong performance in its BioSolutions and Fine Chemicals segments. The company made significant progress on its climate transition plan, achieving a 6% reduction in Scope 1 and 2 greenhouse gas emissions, largely due to a NOK 230 million investment in electrifying spray dryers at its Sarpsborg biorefinery. Additionally, Borregaard announced a NOK 490 million investment to debottleneck and expand capacity at the Sarpsborg site. The company also maintained its pro-rata share in marine biotech company Alginor, supporting sustainable kelp biorefining.
Company: Borregaard ASA
Sector: Materials
Country: Norway
Year: 2024
Type: AR2
Pages: 204
Borregaard ASA
Annual Report
The report highlights Borregaard's record-high EBITDA of NOK 1,874 million in 2024, driven by strong performance in its BioSolutions and Fine Chemicals segments. The company made significant progress on its climate transition plan, achieving a 6% reduction in Scope 1 and 2 greenhouse gas emissions, largely due to a NOK 230 million investment in electrifying spray dryers at its Sarpsborg biorefinery. Additionally, Borregaard announced a NOK 490 million investment to debottleneck and expand capacity at the Sarpsborg site. The company also maintained its pro-rata share in marine biotech company Alginor, supporting sustainable kelp biorefining.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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 on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees