NKT A/S 2023 SR
The report highlights NKT's progress in its ReNew BOOST strategy, focusing on decarbonization, circularity, and social responsibility. In 2023, the Science Based Targets initiative approved NKT's near-term targets, including a 90% reduction in Scope 1 and 2 emissions by 2030. The company achieved a 77% reduction in these emissions compared to the 2019 baseline and maintained 97.5% renewable electricity usage. NKT also advanced its circularity efforts, reaching an 82.6% recycling rate, and conducted a comprehensive physical climate risk assessment for its production sites. Additionally, the company strengthened its human rights framework and safety culture.
Company: NKT A/S
Sector: Manufacturing
Country: Denmark
Year: 2023
Type: SR
Pages: 103
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NKT A/S
Sustainability Report
The report highlights NKT's progress in its ReNew BOOST strategy, focusing on decarbonization, circularity, and social responsibility. In 2023, the Science Based Targets initiative approved NKT's near-term targets, including a 90% reduction in Scope 1 and 2 emissions by 2030. The company achieved a 77% reduction in these emissions compared to the 2019 baseline and maintained 97.5% renewable electricity usage. NKT also advanced its circularity efforts, reaching an 82.6% recycling rate, and conducted a comprehensive physical climate risk assessment for its production sites. Additionally, the company strengthened its human rights framework and safety culture.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Feb 6, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees