Nordic Semiconductor

Semiconductors

NOD.OL

NOK 109 0.51

Share price

$ 1.9 bn

Market Cap

$ 1.9 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.01x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -8% weighted average for S&P 500

FY2022

Nordic Semiconductor aims to achieve net zero for Scope 1 + 2 by 2025

This target has not been verified as science based according to SBTi

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

Stronger than the -6.2% weighted average for S&P 500

FY2022

Nordic Semiconductor aims to achieve net zero for Scope 3 by 2030

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Nordic Semiconductor reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 0.41 Kt (+0.07/+22% y-o-y). At the sime time, carbon intensity decreased to 0.7 t (-0.1 /-12.5% y-o-y).

Nordic Semiconductor's Scope 3 emissions declined to 57 Kt (-2 /-3.4% y-o-y). The performance has been erratic recently.

The company is committed to achieving net zero for Scope 1 + 2 by 2025, which translates into the estimated reduction of -0.1 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for Scope 3 by 2030, which translates into the estimated reduction of -6.3 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	0.41	0	0.41	57	611	0.7
2020Q4	0.33	0.003922	0.33	59	405	0.8
2019Q4	0.67	0.000744	0.67	51	288	2.3