Nel ASA 2022 AR2

The report highlights Nel's transition from small to large-scale hydrogen projects in 2022, including the inauguration of the world's first fully automated electrolyser manufacturing plant at Herøya, Norway. The company achieved a record-high order backlog of NOK 2,613 million, representing a 112% increase from the previous year, driven by significant electrolyser contracts in the US. Nel also expanded its strategic collaborations, notably signing a joint development agreement with General Motors to advance PEM electrolyser technology. On the sustainability front, the company reduced its greenhouse gas intensity (excluding Scope 3) to 2.0 ktCO2e/MNOK turnover and continued its commitment to safety, reporting zero workplace fatalities.

Company: Nel ASA

Sector: Industrials

Country: Norway

Year: 2022

Type: AR2

Pages: 158

Nel ASA 2022 Annual Report

Annual Report

The report highlights Nel's transition from small to large-scale hydrogen projects in 2022, including the inauguration of the world's first fully automated electrolyser manufacturing plant at Herøya, Norway. The company achieved a record-high order backlog of NOK 2,613 million, representing a 112% increase from the previous year, driven by significant electrolyser contracts in the US. Nel also expanded its strategic collaborations, notably signing a joint development agreement with General Motors to advance PEM electrolyser technology. On the sustainability front, the company reduced its greenhouse gas intensity (excluding Scope 3) to 2.0 ktCO2e/MNOK turnover and continued its commitment to safety, reporting zero workplace fatalities.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Published

Feb 28, 2023

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:

Scope 3:

Women in Management

Workplace Fatalities

Net Zero Target

Employees