Annual Report

Overview

The report describes a challenging 2024 market, with lower activity and pricing pressure prompting efficiency improvements, cost savings and a reduction in operational units. It also highlights the merger of several foundation subsidiaries under the Nordisk Grundteknik brand to strengthen competitiveness and efficiency. Sustainability disclosures include EU Taxonomy reporting, a double materiality analysis and expanded Scope 3 climate calculations covering 92% of Scope 3 emissions.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Language: English
File size
Restatement: Disclosed

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Standards

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

Materiality

Assessment
Basis

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