Annual and Sustainability Report

The report describes the company’s record 2024 growth, including revenue of NOK 10.873 billion and a record order reserve of NOK 39.8 billion. It presents a group-wide sustainability report covering environmental stewardship, employee safety, diversity, value-chain integrity, and governance. The company conducted a double materiality assessment and reported total GHG emissions of 46,821 metric tons of CO2e, including detailed Scope 1, Scope 2, and selected Scope 3 categories. The report was prepared in accordance with GRI Standards and serves as Nammo’s Communication on Progress to the UN Global Compact.