Annual Report

The report describes Orkla's 2023 transformation into an industrial investment company with 12 independent portfolio companies and group operating revenues of NOK 67,797 million. It reports that emissions from own operations were 62% below the 2016 base year and that renewable energy supplied 50% of total energy consumption. The report also states that Orkla's climate targets covering scopes 1, 2 and 3 were validated and approved by the SBTi, with a net-zero commitment for 2045.