Northern Data AG 2021 AR2
The report highlights Northern Data Group's performance in fiscal year 2021, during which the company shifted its business model toward crypto mining and high-performance computing (HPC). The company achieved revenues of EUR 189.9 million, representing a tenfold increase compared to 2020, and an EBITDA of EUR 320.1 million. Northern Data published its first voluntary ESG report, detailing its commitment to sustainability, including achieving 105% carbon neutrality for its data center operations through the purchase of Renewable Energy Certificates (RECs). The company also expanded its infrastructure through key acquisitions, including Decentric Europe B.V. and Bitfield N.V., while transitioning from a mega-site to a multi-site approach.
Company: Northern Data AG
Sector: Information Information Technology
Country: Germany
Year: 2021
Type: AR2
Pages: 172
Northern Data AG
Annual Report
The report highlights Northern Data Group's performance in fiscal year 2021, during which the company shifted its business model toward crypto mining and high-performance computing (HPC). The company achieved revenues of EUR 189.9 million, representing a tenfold increase compared to 2020, and an EBITDA of EUR 320.1 million. Northern Data published its first voluntary ESG report, detailing its commitment to sustainability, including achieving 105% carbon neutrality for its data center operations through the purchase of Renewable Energy Certificates (RECs). The company also expanded its infrastructure through key acquisitions, including Decentric Europe B.V. and Bitfield N.V., while transitioning from a mega-site to a multi-site approach.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Employees