Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Nordson Corporation Releases Climate Targets and ESG Update


Nordson Corporation (Nasdaq: NDSN) today announced the release of its Climate Targets and Environmental, Social, and Governance (ESG) Update. This update, which serves as a companion to the Company’s ESG Report published in November 2021, introduces important time-bound, climate-related targets consistent with achieving the 1.5-degree Celsius global warming scenario recommended by the Intergovernmental Panel on Climate Change. It also provides an overview of Nordson’s strategic plans to achieve these targets, key progress to date, and an update on certain ESG metrics.

Nordson’s climate-related targets include the following:

  • Achieve a 50% reduction in net Scope 1 and Scope 2 CO2 emissions by 2030*
  • Achieve net zero Scope 1 and Scope 2 CO2 emissions by 2050
  • Procure 70% of electricity from renewable sources by 2050

* Based on a 2021 gross emissions baseline, adjusted for acquisitions/divestitures

To meet these climate-related targets, Nordson has developed, and begun to implement, short- and long-term strategies to invest in operational improvements, efficiency enhancements, clean energy generation and procurement, and carbon offset programs.

“We have long sought to maintain a lean and efficient footprint in our operations in order to minimize environmental impact,” said Sundaram Nagarajan, president and chief executive officer. “Taking our commitment a step further, we are pursuing initiatives to address climate change and other ESG efforts that present opportunities for significant environmental, operational, and financial benefits. Our climate action efforts are a cornerstone of our ESG strategy and support Nordson’s Ascend strategy for long-term profitable growth.”

To view the Company’s Climate Targets and ESG Update and full ESG Report, visit Nordson’s Corporate Responsibility and Sustainability webpage.

Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework through an entrepreneurial, division-led organization to deliver top tier growth with leading margins and returns. The Company’s direct sales model and applications expertise serves global customers through a wide variety of critical applications. Its diverse end market exposure includes consumer non-durable, medical, electronics and industrial end markets. Founded in 1954 and headquartered in Westlake, Ohio, the Company has operations and support offices in over 35 countries. Visit Nordson on the web at www.nordson.com, www.twitter.com/Nordson_Corp or www.facebook.com/nordson.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221107005676/en/

Nordson Corp. Stock

€226.50
1.320%
There is an upward development for Nordson Corp. compared to yesterday, with an increase of €3.00 (1.320%).
With 8 Buy predictions and not the single Sell prediction the community is currently very high on Nordson Corp..
As a result the target price of 266 € shows a slightly positive potential of 17.44% compared to the current price of 226.5 € for Nordson Corp..
Like: 0
Share
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia.

Legal notice

Comments