NKT AS 2022 AR2
The report outlines NKT's performance and strategic progress in 2022 under its ReNew BOOST strategy, driven by the green transition and electrification. The company achieved a record high-voltage order backlog of EUR 4.7bn and improved its financial results, with revenues reaching EUR 1,447m at standard metal prices. On sustainability, NKT reduced its Scope 1 and 2 carbon emissions by 79% compared to 2019, moving closer to its target of a 90% reduction by 2030 and net-zero emissions by 2050. Additionally, NKT entered into an agreement to divest NKT Photonics to focus entirely on its core power cable business.
Company: NKT AS
Sector: Industrials
Country: Denmark
Year: 2022
Type: AR2
Pages: 104
NKT AS
Annual Report
The report outlines NKT's performance and strategic progress in 2022 under its ReNew BOOST strategy, driven by the green transition and electrification. The company achieved a record high-voltage order backlog of EUR 4.7bn and improved its financial results, with revenues reaching EUR 1,447m at standard metal prices. On sustainability, NKT reduced its Scope 1 and 2 carbon emissions by 79% compared to 2019, moving closer to its target of a 90% reduction by 2030 and net-zero emissions by 2050. Additionally, NKT entered into an agreement to divest NKT Photonics to focus entirely on its core power cable business.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees