NorStark Net-Zero Roadmap
NorStark are proactively tackling the challenge of climate change and driving carbon reduction in value chain through an industry net-zero transformation. We expect to reduce operational carbon emissions(scope1&2) by 30 % by 2030 as compared to 2024; reach operational carbon neutrality by 2035; and achieve net-zero in the value chain(scope3) by 2050.
Current Process
1 Carbon Accounting
• Carbon Inventory
• Product Carbon Footprint
Through the co-operation, TüV is providing carbon management consultancy and carbon footprint certification services for Axle products
Carbon accounting
⋅ Organizational carbon emission
⋅ Axle Product Carbon footprint
⋅ Emissions from the value chain
2025
2 Strategy & Objective
• Build net-zero strategy and set goals(Scope 1,2&3)
Strategy & objective
⋅ TCFD
⋅ SBTi Scientific Carbon Target
3 Plan Execution
• Establish decarbonization plans and management systems
Action Plan
⋅ Build a net-zero business case and action benchmarking analysis
⋅ Feasibility analysis
⋅ ROI analysis
⋅ Internal carbon pricing
2026
4 Technology & Platform
• Build a digital platform and introduce innovative technologies
Technology Platforms
⋅ Digital platform for automated GHG monitoring and reporting
⋅ Green technology
⋅ Advanced carbon reduction technology
2029
5 Evaluation & Improvement
• Evaluate decarbonization management performance
• Drive value-chain decarbonization (upstream and downstream of Axle)
Evaluate & Improvement
⋅ Assessing carbon reduction performance
⋅ Net-zero data disclosure report
⋅ Empowering value chain of Axle for carbon reduction
⋅ Carbon footprint certificate
Address:
NorStark AB
Pumpgatan 1
417 55 Göteborg
Sweden
Organisationsnummer
559491-7402
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