Investor Presentation Q1 2023
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Investor presentation
First three months of 2023
Novo Nordisk pledges to reach net-zero emissions across the
entire value chain by 2045
Emissions from Scope 1, 2 and 31
1,000 tonnes CO2
22
20
20
-75%
-18%
38
34
20
20
6
18
5
40
+5%
Q1 2019 (baseline)²
Q1 2022
Q1 2023
Targets:
•
2030: Zero emissions from operations and
transportation³
Scope 1
Scope 2
Scope 3
2045: Net zero emissions across full value chain
Novo NordiskⓇ
Key initiatives to reduce CO2 emissions across all three scopes
Scope 1 - Direct emissions from own sources (18% reduction vs Q1 2019)
Company cars: 100% electric or plug-in hybrid electric cars by 2030
Energy: Ongoing transition to renewable energy in production facilities
resulted in reduced emissions
Scope 2 - Indirect emissions from purchased energy (75% reduction vs
Q1 2019)
•
Production: Sourcing 100% of renewable power at production sites since
2020
Scope 3 - Other indirect emissions across value chain (5% increase vs Q1
2019)
Suppliers: >400 key suppliers have committed to source renewable power
Product distribution: Alliances with various providers for Sustainable
Aviation Fuel that will reduce emissions from air transport significantly
1 Scope 3 emissions are limited to CO2 equivalents emissions from business flights and product distribution. 2 In 2019, some emission categories were only reported on an annual basis. For these categories, the quarterly emissions have been estimated based
on the full-year results. 3 CO2 emissions from operations and transportation represent the emissions from production, offices and labs, cars, business flights and product distribution.View entire presentation