Nel ASA 2021 AR2

The report highlights Nel's financial and operational performance for the fiscal year 2021, emphasizing its role in the green hydrogen economy. Key achievements include starting initial production at its new, world's largest fully automated electrolyser manufacturing facility at Herøya, Norway, and expanding its partnership network with framework agreements with Wood and Aibel. Nel reported a 22% increase in revenue and other operating income compared to 2020, reaching a record-high order backlog of NOK 1,230 million. The company also advanced its product development efforts by 50% and grew its workforce to 507 employees to support large-scale green hydrogen projects globally.

Company: Nel ASA

Sector: Industrials

Country: Norway

Year: 2021

Type: AR2

Pages: 156

Nel ASA 2021 Annual Report

Annual Report

The report highlights Nel's financial and operational performance for the fiscal year 2021, emphasizing its role in the green hydrogen economy. Key achievements include starting initial production at its new, world's largest fully automated electrolyser manufacturing facility at Herøya, Norway, and expanding its partnership network with framework agreements with Wood and Aibel. Nel reported a 22% increase in revenue and other operating income compared to 2020, reaching a record-high order backlog of NOK 1,230 million. The company also advanced its product development efforts by 50% and grew its workforce to 507 employees to support large-scale green hydrogen projects globally.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

Published

Mar 22, 2022

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Women in Management

Workplace Fatalities

Employees