Nel ASANel ASA - ESG Rating & Company Profile powered by AI

Industry Group:Heavy Electrical Equipment

The SDG assessment for Nel ASA indicates its reporting of the United Nations Sustainable Development Goals. The webpage of Nel ASA was assembled by All Street Sevva using advanced artificial intelligence. The ESG score includes seventeen UN Sustainable Development Goals including: 'Clean Water & Sanitation', 'Responsible Production & Consumption' and 'Life on Land'.

Nel ASA in the Heavy Electrical Equipment industry gained a UN SDG ESG Transparency Score of 6.3; made up of an environmental score of 8.0, social score of 5.0 and governance score of 6.0.

SDG Transparency Score for Nel ASA 
Low
0 - 3

6.3

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Nel ASA 
8.0

Environmental

5.0

Social

6.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Ge T&D India Ltd
8.5
High
2Alstom SA
8.4
High
48Mitsubishi Logisnext Co Ltd
6.4
High
48VPower Group International Holdings Ltd
6.4
High
50Nel ASA
6.3
High
50Alfen NV
6.3
High
50Melrose PLC
6.3
High
.........
223Vladimirskiy elektromotornyi zavod OAO
0.0
Low
223Zaporizhtransformator PAT
0.0
Low
.........
View the full peer group of 285 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Nel ASA have an accelerator or VC vehicle to help deliver innovation?

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Does Nel ASA reference operational or capital allocation in relation to climate change?

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Does Nel ASA disclose cybersecurity risks?

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Does Nel ASA have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Nel ASA disclose the number of employees in R&D functions?

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Does Nel ASA disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Nel ASA disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does Nel ASA disclose current and / or historical scope 2 emissions?

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Does Nel ASA disclose climate scenario or pathway analysis?

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Does Nel ASA disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Nel ASA disclose the pay ratio of women to men?

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Does Nel ASA support suppliers with sustainability related research and development?

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Does Nel ASA reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Nel ASA involved in embryonic stem cell research?

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Does Nel ASA disclose GHG and Air Emissions intensity?

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Does Nel ASA disclose its waste policy?

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Does Nel ASA report according to TCFD requirements?

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Does Nel ASA disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Nel ASA disclose energy use targets?

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Does Nel ASA disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Nel ASA have a policy relating to cyber security?

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Potential Risks for Nel ASA
These potential risks are based on the size, segment and geographies of the company.

Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment produces H2Station hydrogen fueling stations that provide fuel cell electric vehicles with the fueling and long range as conventional fossil fuel vehicles, including cars, buses, trucks, forklifts, and other applications. The Nel Hydrogen Electrolyser segment produces and installs electrolysers for hydrogen production based on alkaline and proton exchange membrane water electrolyser technology. It serves industry, energy, and gas companies. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway.

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