Rockwool

Building Products
ROCK-B.CO
DKK 1,266 (1.9)%
Share price
$ 3.7 bn
Market Cap
$ 3.4 bn
Enterprise Value

Carbon footprint

600 Ton
GHG emissions per $ 1 mln investment
15x the weighted average for S&P 500
FY2021
How is this calculated?
+12%
YOY change in GHG emissions
Stronger than the +5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Rockwool aims to reduce Scope 1 + 2 by 38% by 2034 from a base year 2019


<2°C
Rockwool's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-1.5%
Proj. YOY change in GHG emissions (Scope 3)
Weaker than the -6.2% weighted average for S&P 500
FY2022
How is this calculated?

Rockwool aims to reduce Scope 3 by 20% by 2034 from a base year 2019


<2°C
Rockwool's actual and proj. GHG emissions (Scope 3) (Kt of CO2e)

GHG emissions and Carbon intensity

Rockwool's GHG emissions (market-based) (Kt of CO2e)
Rockwool's Carbon intensity (Tons per 1 USDm)

Rockwool's carbon footprint

Rockwool reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 2,070 Kt (+220/+12% y-o-y). Carbon intensity also .

Rockwool's Scope 3 emissions surged to 1,040 Kt (+120/+13% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 38% by 2034 from a base year 2019, which translates into the estimated reduction of -61 Kt per annum over the period of FY2022 - FY2034. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 20% by 2034 from a base year 2019, which translates into the estimated reduction of -16 Kt per annum over the period of FY2022 - FY2034. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Company environmental metrics

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