NKT AS 2024 AR2
The report highlights NKT's strong financial and sustainability performance in 2024, delivering record-high operational EBITDA of EUR 344m. As a pure-play power cable solutions provider, the company advanced its ReNew BOOST strategy, completing the divestment of NKT Photonics and acquiring SolidAI to expand medium- and high-voltage capacity. NKT's long-term net-zero target for 2050 was validated by the Science Based Targets initiative (SBTi). The company achieved a 68% reduction in Scope 1 and 2 emissions compared to its 2019 baseline, while continuing to execute its record high-voltage order backlog of EUR 10.6bn.
Company: NKT AS
Sector: Industrials
Country: Denmark
Year: 2024
Type: AR2
Pages: 180
NKT AS
Annual Report
The report highlights NKT's strong financial and sustainability performance in 2024, delivering record-high operational EBITDA of EUR 344m. As a pure-play power cable solutions provider, the company advanced its ReNew BOOST strategy, completing the divestment of NKT Photonics and acquiring SolidAI to expand medium- and high-voltage capacity. NKT's long-term net-zero target for 2050 was validated by the Science Based Targets initiative (SBTi). The company achieved a 68% reduction in Scope 1 and 2 emissions compared to its 2019 baseline, while continuing to execute its record high-voltage order backlog of EUR 10.6bn.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees