Borregaard

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Borregaard disclosed greenhouse gas emissions of 648.7K t CO2e/year. By scope: Scope 1: 132.8K t CO2e/year; Scope 2: 64.1K t CO2e/year; Scope 3: 410.8K t CO2e/year. 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
648.7K t CO2e/year
2023
💧
Water Usage
53.8K megalitres/year (withdrawal) 308 megalitres/year (consumption)
2023
♻️
Waste
34.9K tonnes/year
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).132.8K t CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.64.1K t CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).410.8K t CO2e/year

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce COD emissions to Glomma by 25-30% by 2025
  • Reduce Scope 1 and 2 GHG emissions by 42% by 2030
  • Reduce Scope 3 emissions by 25% by 2030

📅 Medium-term

  • Reduce COD emissions to 40 tonnes/day by 2030
  • Achieve good ecological status in the River Glomma by 2033

🔭 Long-term

  • Net-zero emissions by 2050 (90% reduction, 10% offsetting)

🌱 ESG Focus Areas

Climate ChangeNatureBiodiversityWater ManagementResource UseHuman RightsSustainable Forestry

⚠️ Challenges & Risks +

  • Increasing carbon prices
  • Increased energy prices
  • Stricter regulations on forest management and land-use changes
  • Stricter regulations related to climate gas emissions and environment
  • Resource availability including renewable energy
  • Climate change
  • Climate change mitigation measures
  • Varying water levels disrupting raw material and product transport
  • Extreme weather events affecting transportation
  • Rising temperatures harming wood sources

📋 Report Information

Reporting Period: 2023
Frameworks: TNFD, IFRS S2, ESRS, TCFD