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
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