Dampskibsselskabet Norden AS 2021 AR2

The report highlights NORDEN's best financial performance in 11 years, achieving a net profit of USD 205 million and a Return on Equity of 21.6% in 2021. The company successfully navigated volatile markets by capitalising on a strong dry cargo market while mitigating downside in a weak tanker market. On sustainability, NORDEN outlined five climate commitments, including achieving net-zero emissions by 2050 and only ordering zero-emission vessels from 2030. Additionally, the company introduced a new Diversity, Equity & Inclusion policy, implementing targets to improve gender ratios across business units.

Company: Dampskibsselskabet Norden AS

Sector: Industrials

Country: Denmark

Year: 2021

Type: AR2

Pages: 136

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Dampskibsselskabet Norden AS

Dampskibsselskabet Norden AS 2021 Annual Report

Annual Report

The report highlights NORDEN's best financial performance in 11 years, achieving a net profit of USD 205 million and a Return on Equity of 21.6% in 2021. The company successfully navigated volatile markets by capitalising on a strong dry cargo market while mitigating downside in a weak tanker market. On sustainability, NORDEN outlined five climate commitments, including achieving net-zero emissions by 2050 and only ordering zero-emission vessels from 2030. Additionally, the company introduced a new Diversity, Equity & Inclusion policy, implementing targets to improve gender ratios across business units.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

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

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees