Orkla ASA 2023 AR2
The report outlines Orkla's transition in 2023 from a branded consumer goods company to an industrial investment company with 12 independent portfolio companies. Key financial highlights include a 16.1% increase in operating revenues to NOK 67.8 billion, though profit before tax decreased by 5.2% to NOK 7.0 billion due to lower power prices. On sustainability, the company developed and published its Net Zero Roadmap, achieving a 62% reduction in greenhouse gas emissions from its own operations compared to the 2016 baseline. Additionally, Orkla achieved 97% recyclable packaging materials and maintained a 40% share of women in management teams.
Company: Orkla ASA
Sector: Manufacturing
Country: Norway
Year: 2023
Type: AR2
Pages: 323
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Orkla ASA
Annual Report
The report outlines Orkla's transition in 2023 from a branded consumer goods company to an industrial investment company with 12 independent portfolio companies. Key financial highlights include a 16.1% increase in operating revenues to NOK 67.8 billion, though profit before tax decreased by 5.2% to NOK 7.0 billion due to lower power prices. On sustainability, the company developed and published its Net Zero Roadmap, achieving a 62% reduction in greenhouse gas emissions from its own operations compared to the 2016 baseline. Additionally, Orkla achieved 97% recyclable packaging materials and maintained a 40% share of women in management teams.
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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
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees