Normative’s 2024 Sustainability Report

We share Normative’s 2024 Sustainability Report against the backdrop of a challenging landscape. There is growing political and regulatory uncertainty with regards to climate disclosures, combined with pushback against the ESG agenda in general. Yet, at Normative we remain focused and committed to reducing our own greenhouse gas emissions, as well as those of the businesses we work with. 

Regardless of how political agendas change, there is no “stop the clock” for climate – the need to decarbonize will only increase with every passing year. That’s why our core work – to provide the data foundation that empowers businesses to achieve net zero – remains unchanged. Normative remains committed to leading by example, as evidenced by the Science Based Targets initiative (SBTi) verification of our net-zero target in 2024. Further details of our journey in 2024 can be found in the full report, where we have shared our most granular GHG emissions data to date. We’ve summarized some of the key points below.

Executive summary

2024 emissions

In 2024, Normative’s total emissions reached 544.83 tCO2e, distributed across scope 1 (0.29 tCO2e), scope 2 (0.34 tCO2e), and scope 3 (544.19 tCO2e), with emissions per full-time employee (FTE) at 3.24 tCO2e.

Progress since 2023

We had a −9.88% decrease in total market-based emissions from 2023  (604.57 tCO2e) to 2024 (544.83 tCO2e). This is largely due to substantial reductions in scope 2 emissions from energy consumption and a notable decrease in scope 3 emissions from Purchased Goods and Services.

Scope 3 category Purchased Goods and Services saw a reduction partly due to the use of more granular, specific emission factors. These were obtained from our supplier engagement campaign, leading to lower reported emissions compared to the use of industry average emission factors in the previous year.

Net-zero target approved by SBTi

The target commitment entails a 90% reduction in our scope 1, 2, and 3 emissions by 2030, using 2023 as our baseline year.

We believe in the value of being transparent around our own journey, including the challenges we encounter and the progress we make. Read the report in full to dig into the detail behind these results.