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
Northern Data AG
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