Nirvana Development Public Company Limited Nvd

In 2023, Nirvana Development Public Company Limited (NVD) reported total carbon emissions of approximately 127,750 kg CO2e. This figure includes 2,710 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 117,900 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions, amounted to 7,140 kg CO2e. Comparatively, in 2022, NVD's total emissions were about 110,970 kg CO2e, with Scope 1 emissions at 1,200 kg CO2e, Scope 2 emissions at 100,700 kg CO2e, and Scope 3 emissions at 9,070 kg CO2e. This indicates a rise in total emissions from 2022 to 2023. In 2021, the company reported significantly higher emissions, totalling approximately 307,200 kg CO2e, with Scope 1 emissions of 7,200 kg CO2e, Scope 2 emissions of 291,400 kg CO2e, and Scope 3 emissions of 8,600 kg CO2e. Despite these figures, NVD has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or targets suggests that the company may still be in the early stages of formalising its climate commitments. Overall, while NVD has made strides in tracking its emissions across all three scopes, the lack of reduction initiatives highlights an opportunity for the company to enhance its sustainability efforts and align with industry standards for climate action.