Annual Report and Sustainability Report 2020

SUSTAINABILITY

An integral part of KONGSBERG’s business strategy

Climate and the environment

We aim to ensure competitive, long-term value creation - in balance with the Paris Agreement. We will do this by using our technology and expertise for innovative, competitive, profitable and climate-friendly solutions for our customers and partners. At the same time, we will reduce the negative climate from our own operations and from our value chain.

KONGSBERG will in 2021 develop a new climate plan in line with the goals of the Paris Agreement and Norway’s climate plan. We will focus on the reduction of carbon intensity in our own business, increase the use of environmentally friendly transport, reduce our own travel, increase the amount of waste recycling, optimize material management and implement a greater degree of circular economy. We will also further develop our analysis and reporting of climate risks and opportunities, based on the Task Force for Climate-related Financial Disclosures (TCFD), read more about a specific chapter.

Our aim for the period 2015–2020 was to reduce CO2 emissions by 20 per cent by the end of 2020, based on figures for 2015. 2020 ended up being a significantly different year than we planned, especially due to the COVID-19 pandemic. This will also show in the climate accounts. The trend from previous years showed a relatively flat development for our greenhouse gas emissions. 2020 has shown that we have moved in the right direction, by achieving a significant reduction in emissions measured relative to turnover, by 33 per cent from the base year 2015, and a 28 per cent reduction relative to the number of full-time equivalents. Our emissions in absolute figures for 2020 are on par with 2015. However, it seems correct to conclude that the target of reduction has been achieved by the end of 2020. Read more about this in the chapter Climate and environmental accounts for 2020.

We are monitoring our own production facilities and preparing climate and environmental accounts which give an overview of our energy consumption, CO2 emissions and waste management. Read more about the climate and environmental accounts that cover all Norwegian units, all production units and major offices abroad. The key figures also include a presentation of the results within the fields of value creation, employee relations and health and safety, in addition to climate and the environment.

All our business areas are certified in accordance with ISO 14001 Environmental Manage­ment, and we are continuing the work of developing a circular economy in our operations. One example is the circular economy in our division for land-based systems in Kongsberg Defence & Aerospace, which offers solutions and services throughout the life-cycle of its products, ensuring they have a longer lifespan and giving customers the opportunity to return products when they have finished using them. Kongsberg Maritime offers to take products back after the end of their life. With these initiatives, we are helping to reduce waste when systems become outdated and making it possible to secure components for reuse and resale.

We will continue our efforts to enhance internal expertise, tools and processes for analysis and reporting. For 2020 we reported to the Carbon Disclosure Project (CDP), achieving Category B. Read our CDP report here.

 

 

In February 2020, Kongsberg Gruppen and ZERO, a Norwegian Environmental NGO, signed a three-year collaboration agreement. The main intentions for the collaboration are to increase the shift to renewable and emission-free solutions.

 

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