Climate Change Data

Norske Skog ASA

Climate Impact & Sustainability Data (2016, 2022)

Reporting Period: 2016

Environmental Metrics

Total Carbon Emissions:1.35 million tonnes of fossil fuel derived CO2-equivalents (including CO2, CH4 and N2O) in 2016
Scope 1 Emissions:485,000 tonnes CO2e
Scope 2 Emissions:865,000 tonnes CO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:14% of total energy consumed by the group is biofuel.
Total Energy Consumption:9831 GWh, 3.92 MWh/tonne of paper
Water Consumption:Total water use per tonne of paper in 2016 is on the same level as in 2015. 98% of the water entering our mills is returned to rivers and lakes after treatment.
Waste Generated:391 000 dry tonnes in 2016 (increase of about 11 000 tonnes compared to 2015)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Economic Performance
  • Materials
  • Water
  • Effluents and Waste
  • Occupational Health and Safety
  • Anti-corruption
  • Energy
  • Emissions
  • Biodiversity
  • Human Rights
  • Local Communities
  • Climate Change

Environmental Achievements

  • 25% lower greenhouse gas emissions compared to 2006.
  • 81% of waste used as biofuel (increase of 3% compared to 2015).
  • Reduction of sulphur dioxide per tonne of paper by 23% compared to 2015.
  • Reduction of NOx per tonne of paper by 8% compared to 2015.

Social Achievements

  • Signed a letter of intent regarding a more inclusive workplace (IA Agreement).
  • Absence rate due to sickness of 3.8% in 2016.
  • H1 level, lost time injuries per million working hours, of 1.5 (compared to 1.0 in 2015).
  • Active communication and contact with local stakeholders (reports to neighbors, open days, engagement in nature protection projects, etc.).
  • Cooperation with educational institutions (visits from schools, scholarships, traineeships).

Governance Achievements

  • Completed a number of initiatives to improve equity and enhance liquidity (private placement, exchange offer, repair offering).
  • Established clear principles for how the board will act in the event of a take-over bid.
  • Strong focus on ensuring compliance with applicable corporate governance standards.
  • Complies with the Norwegian Code of Practice for Corporate Governance.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Generate 25% of group gross operating earnings from new businesses by 2020.
Short-term Goals:
  • Reduce group fixed costs by more than 10% by year-end 2017.
  • Achieve a run rate reduction of group fixed costs by more than 10% by year-end 2017.

Environmental Challenges

  • Declining demand for publication paper due to macroeconomic changes and structural changes in the industry (changing reading habits, phasing out of free newspaper distribution).
  • Significant debt maturities.
  • High leverage and interest cost.
  • Low equity.
  • Rising input costs (fibre raw materials, energy, logistics).
Mitigation Strategies
  • Substantial capacity cuts in the industry and in Norske Skog.
  • Completed a number of initiatives to improve equity and enhance liquidity (private placement, exchange offer, repair offering).
  • Further improvements to operations to increase efficiency and competitiveness.
  • Actively developing new revenue streams (biogas, nanocellulose, wood pellets).
  • Cost reduction initiatives targeting a run rate reduction of group fixed costs by more than 10% by year-end 2017.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • All wood used in our paper shall originate from sustainably managed forests.
  • Suppliers are obliged to follow the laws and jurisdictions of their operating country, both for labour practices and human rights.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products
  • Biogas production
  • Wood pellets production

Reporting Standards

Frameworks Used: GRI G4

Certifications: ISO 14001

Third-party Assurance: Deloitte AS and BDO AS

Sustainable Products & Innovation

  • Biogas
  • Nanocellulose
  • Wood pellets

Awards & Recognition

  • Farmandprisen for best 2015 annual report

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:472,734 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:294,926 tCO2e/year
Scope 2 Emissions:177,808 tCO2e/year (location-based)
Scope 3 Emissions:752,000 tCO2e/year
Renewable Energy Share:85%
Total Energy Consumption:6.9 TWh/year
Water Consumption:99,440,899 m3/year
Waste Generated:278,079 tons/year
Carbon Intensity:276 kg CO2e/tonne paper (Scope 1 & 2, location-based)

ESG Focus Areas

  • Climate Change
  • Sustainable Resource Management
  • Biodiversity
  • Occupational Health and Safety
  • Employee Well-being
  • Diversity and Inclusion
  • Corporate Governance
  • Responsible Supply Chain
  • Local Community Engagement

Environmental Achievements

  • Reduced Scope 1 & 2 emissions by 23% in 2022 compared to 2015 baseline (51% reduction).
  • 85% renewable energy consumption.
  • 91% certified wood fibres.
  • Opened a new 50MW waste-to-energy boiler at Norske Skog Bruck, significantly reducing fossil carbon footprint.
  • Construction of the largest biofuel plant in France at Golbey site underway.

Social Achievements

  • 58% decrease in lost time injuries per million working hours in 2022 compared to 2021.
  • Norske Skog Golbey and Norske Skog Saugbrugs received Platinum Rating from EcoVadis.
  • 6.2% of employees were apprentices and trainees in 2022.
  • Initiated a Norwegian inclusive working environment (IA) agreement to reduce sick leave and increase employee retention.

Governance Achievements

  • Compliance with the Norwegian Code of Practice for Corporate Governance.
  • Established new processes for responsible business conduct and approved a Human Rights Policy.

Climate Goals & Targets

Long-term Goals:
  • Net zero GHG emission by 2050.
Medium-term Goals:
  • Achieve a 55% reduction in CO2 emissions/tonne product produced by 2030.
  • Achieve 50% of revenue from new business areas by 2030.
  • Install anaerobic wastewater treatment and biogas at all European mills by 2030.
Short-term Goals:
  • Achieve at least 75% of new hired skilled workers recruited from apprentice programs by 2025.
  • Ensure supplier adherence to Norske Skog Code of Conduct within 2023.
  • Deliver no ash to landfill in 2030.

Environmental Challenges

  • Market turbulence due to the Russian invasion of Ukraine and the resulting energy crisis.
  • Stricter regulatory requirements related to energy and emissions.
  • Volatile energy prices and increased pressure on biomass availability.
  • Technical challenges at Golbey and Skogn wastewater treatment plants.
Mitigation Strategies
  • Investment in low-emission energy generation (waste-to-energy plants, biomass boilers).
  • Diversification of product portfolio into packaging paper, sustainable energy, and biomaterials.
  • Continuous improvement programs to reduce energy consumption and emissions.
  • Addressing technical issues at wastewater treatment plants.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Code of Conduct
  • Supplier sustainability requirements

Climate-Related Risks & Opportunities

Physical Risks
  • Drought/access to water
  • Flooding
Transition Risks
  • Regulatory changes in energy and carbon markets
  • Unstable energy markets
  • Increasing carbon prices
Opportunities
  • Low-emission product development
  • Sustainable energy generation
  • Circular economy opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, GHG Protocol, TCFD

Certifications: ISO 9001, ISO 14001

Third-party Assurance: BDO AS

UN Sustainable Development Goals

  • SDG 3: Good health and well-being
  • SDG 4: Quality education
  • SDG 9: Industry, innovation and infrastructure
  • SDG 12: Responsible consumption and production
  • SDG 13: Climate action

Norske Skog shall create value for people and society in a responsible way, while promoting a sustainable environment and principles of circular economy.

Sustainable Products & Innovation

  • CEBINA
  • CEBICO
  • Bio-composites
  • Packaging paper (Strato)

Awards & Recognition

  • CDP Climate Change A– rating