Nelly Group AB (publ)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2017

In its 2023 reporting, Nelly Group AB (publ) disclosed greenhouse gas emissions of 14.0K tCO2e. By scope: Scope 1: 10.9 tCO2e; Scope 2: 15.35 tCO2e. 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.

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GHG Emissions
14.0K tCO2e
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).10.9 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.15.35 tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202314.0K tCO2e
202219.7K tCO2e/year
202125.4K tCO2e/year
20172.1K tCO2e/year (2017)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Achieve net zero in own operations (Scopes 1&2) by 2025.
  • 50% of textile products to be made of more sustainable materials by 2025.

📅 Medium-term

  • Reduce absolute greenhouse gas emissions by at least 50% by 2030 (Scope 3).

🌱 ESG Focus Areas

Respect the PlanetFair & EqualEmpower Femininity

⚠️ Challenges & Risks +

  • Risks related to fashion trends and consumer preferences.
  • Economic situation and consumer purchasing power.
  • Disruption in IT and control systems, including cyberattacks.
  • Supplier relationships.
  • Warehousing and distribution disruptions.
  • Risks of human rights violations in the supply chain.
  • Risks of non-compliance with chemicals regulations.
  • Risks of production disruptions due to unforeseen factors.
  • Risks of Femwashing in Empower Femininity initiatives.
  • Risks of corruption in international value chain.

📋 Report Information

Reporting Period: 2023
Frameworks: Chapters 6 and 7 of the Swedish Annual Accounts Act
Assurance: KPMG AB