Northern Data AG 2023 AR2

The report highlights Northern Data Group's strategic progress in fiscal year 2023, characterized by the launch of three independent business divisions: Peak Mining, Taiga Cloud, and Ardent Data Centers. Despite a decrease in revenue to EUR 77.5 million, the company made significant investments of around EUR 1 billion to scale its high-performance computing infrastructure, including acquiring over 10,000 NVIDIA H100 GPUs. On the sustainability front, the Group continued to prioritize green energy, achieving a Power Usage Effectiveness of 1.09 at its Boden data center and drawing 41% of its energy from renewable sources. The company also initiated preparations to ensure compliance with the upcoming Corporate Sustainability Reporting Directive by the 2025 reporting year.

Company: Northern Data AG

Sector: Information Information Technology

Country: Germany

Year: 2023

Type: AR2

Pages: 123

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Northern Data AG

Northern Data AG 2023 Annual Report

Annual Report

The report highlights Northern Data Group's strategic progress in fiscal year 2023, characterized by the launch of three independent business divisions: Peak Mining, Taiga Cloud, and Ardent Data Centers. Despite a decrease in revenue to EUR 77.5 million, the company made significant investments of around EUR 1 billion to scale its high-performance computing infrastructure, including acquiring over 10,000 NVIDIA H100 GPUs. On the sustainability front, the Group continued to prioritize green energy, achieving a Power Usage Effectiveness of 1.09 at its Boden data center and drawing 41% of its energy from renewable sources. The company also initiated preparations to ensure compliance with the upcoming Corporate Sustainability Reporting Directive by the 2025 reporting year.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Energy Consumption

Renewable Energy

Employees