Tine Sa 2023 AR2
The report outlines TINE Group's financial and sustainability performance for the fiscal year 2023. Financially, the Group achieved a sales revenue of NOK 26.5 billion, representing a 6.6 percent increase compared to 2022. On the sustainability front, TINE made significant progress by reducing greenhouse gas emissions from its plants by approximately 30 percent, largely driven by completing a woodchip heating plant at the Jæren dairy and electrifying the Sandnessjøen dairy. Additionally, the average emissions from Norwegian milk production were documented at 1.04 kg of CO2 equivalents per litre, which is less than half the global average. The company also launched a new commercial strategy and introduced eco-friendly yogurt cartons that use 85 percent less plastic.
Company: Tine Sa
Year: 2023
Type: AR2
Pages: 78
Tine Sa
Annual Report
The report outlines TINE Group's financial and sustainability performance for the fiscal year 2023. Financially, the Group achieved a sales revenue of NOK 26.5 billion, representing a 6.6 percent increase compared to 2022. On the sustainability front, TINE made significant progress by reducing greenhouse gas emissions from its plants by approximately 30 percent, largely driven by completing a woodchip heating plant at the Jæren dairy and electrifying the Sandnessjøen dairy. Additionally, the average emissions from Norwegian milk production were documented at 1.04 kg of CO2 equivalents per litre, which is less than half the global average. The company also launched a new commercial strategy and introduced eco-friendly yogurt cartons that use 85 percent less plastic.
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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
Employees