Annual Report

Overview

The report presents NS's first separate sustainability report, covering consolidated operations for 2025. It reports 21,369 employees, total energy consumption of 4,619,699 GJ and a 96.5% renewable energy share. NS reports validated science-based targets including a 36% total GHG reduction target by 2030 from 2019 and net-zero emissions throughout the chain by 2050. Circularity results include 14% circular inflow and 63% circular outflow.

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
Restatement: Disclosed

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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

GRI level
SBTi status

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview