- Underinvestment in Nordic water infrastructure leading to inefficiencies.
- Inefficient water pumps accounting for a significant portion of global electricity consumption.
- Climate change impacts on water infrastructure (flooding, droughts).
- Difficulty in reducing upstream Scope 3 emissions.
River Group AS
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, River Group AS disclosed greenhouse gas emissions of 11.3K tonnes CO2e. By scope: Scope 1: 747.9 tonnes CO2e; Scope 2: 147.9 tonnes CO2e; Scope 3: 10.4K tonnes CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
11.3K tonnes CO2e
2023
Renewable Energy
92%
of total energy
Energy Use
3.0M kWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 747.9 tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 147.9 tonnes CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 10.4K tonnes CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emission intensity by 48% compared to 2021 (0.94 kgCO2/MSEK in 2023)
- Increased renewable energy share to 92% for electricity and heating in 2023 (up from 69% in 2021)
- Reduced total Scope 1 emissions to 747.9 tonnes CO2e in 2023 (down from 1073 in 2021, despite company growth)
- Increased electric vehicles in fleet to 25 (12.5% of total fleet) by end of 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2 emissions
- Reduce sick leave and accidents
- Increase diversity
- Maintain strong business ethics
- Follow up ESG in supply chain
📅 Medium-term
- 100% renewable electricity by 2027
- Increase proportion of EVs in vehicle fleet
- 4.6% reduction of CO2 intensity in Scope 3 year over year from 2021 baseline
- Decrease River Group’s direct CO2 impact (Scope 1+2) in relation to turnover
🔭 Long-term
- Help customers reduce environmental impact and respond to physical impacts of climate change
- Improve quantification and disclosure of positive impact metrics
- ISO Certification for selected companies
- Produce Environmental Product Declarations (EPDs) in manufacturing companies
🌱 ESG Focus Areas
Climate ChangeWater ManagementDiversity & InclusionBusiness EthicsEmployee Health & SafetyEmployee Engagement