Annual Report

Overview

The report describes a strong 2025 for Nordic Semiconductor, with revenue increasing 31% to USD 668 million and acquisitions of Memfault and Neuton AI expanding its chip-to-cloud and edge-AI capabilities. ESG highlights include 92% renewable energy in office operations, an 89% reduction in Scope 1 and 2 emissions from the 2019 base year, and 51% recycled plastic in device containers. The company also reports SBTi-validated targets to reduce emissions by 2030 and reach net-zero across its value chain by 2050. The report presents a consolidated ESRS-based Sustainability Statement supported by limited assurance from PricewaterhouseCoopers AS.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2025
Period: 1 January 2025 – 31 December 2025
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

SBTi status
CDP score

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview