NG at a glance
The Norsk Gjenvinning Group (NG) is Norway’s largest provider of recycling and environmental services, serving more than 40k commercial and municipal customers. The company manages 2.1 million tons of waste per annum, which is close to 20% of all waste in Norway, and additionally has a growing presence in Sweden and Denmark.
Key business areas include commercial waste management (Recycling), metals recycling, household collection, demolition services, industrial services, security shredding, downstream sales, waste trading and depot.
Key developments in 2020
NG experienced a dip in revenues of -1% vs. 2019, due to Covid-19. However, the company delivered positive EBITDA growth during 2020 (26%), demonstrating company resilience and operational flexibility in a tougher macroeconomic environment caused by the pandemic. The Group also continued to deliver on its buy and build strategy, through the acquisition of Saneringsteknikk. During 2020, NG received broad recognition for the important work the company does for the Norwegian society and circular economy, through awards such as «Green Company of the year», «Norwegian Lean company of the year» and «Norway's Smartest Industrial Company».
The challenges we face
Global waste generation is expected to grow by 70% by 2050, while the supply of natural resources is scarce. With a rapidly growing population, we have no choice but to recover and reuse materials through a circular economy.
What is the outcome?
NG is a critical part of the Norwegian infrastructure and an enabler for the Norwegian circular economy. Through its activities, NG ensures recycling of materials and recovery of energy in waste, which conserves resources and reduces greenhouse gas emissions.
Who are the stakeholders?
NG serves 40k private and public customers in both ends of the value chain, whom the company helps in two main ways:
#1: Providing superior services for recycling and reuse, which improves customer sustainability and profitability through efficient resource management, future-proofing their products/services and gaining market share from less sustainable competitors.
#2: Ensuring an efficient and smooth customer journey by delivering tailored customer and industry concepts, hassle-free delivery models, and a digitalized customer interface.
Other important stakeholders are the planet (conserves resources and reduces greenhouse gas emissions), employees (ensuring a safe workplace and strong employer brand), and government and authorities (catalyst for circular economy).
How big is the effect, and does it last?
NG manages 2.1m tons of waste per year, at a recycling and recovery rate of 96%, of which 52% is recovered as new raw materials. This is far above global figures of 19% recycling rate, as well as national figures of 73% total recycling and recovery rate and 33% material recovery rate. Through material and energy recovery, NG contributes to CO2-equivalent savings of 577k tons yearly, equivalent to 1 336k barrels of oil or taking 125k passenger vehicles off the road for a year.
If NG didn’t exist…
Without NG’s services and solutions, 2.1 million tons of waste could receive suboptimal treatment and largely end up in incinerators, landfills and unauthorized disposal sites, severely increasing CO2 emissions and the need for extraction of virgin raw materials. Furthermore, the waste could end up at depots that do not obey international regulations for environmental protection and human rights which NG has thorough control systems for.
Commercial businesses, as well as municipalities, would lose a major contributor and innovator to ensuring true sustainability, and national and local authorities would lose a major contributor to the Norwegian circular economy and a critical part of the Nordic waste management infrastructure.
Impact risk: what can go wrong?
HSEQ is a top priority for NG, due to the inherent risks related to working with heavy machinery and risks of fires in the processing plants. To mitigate these risks, NG has strict guidelines and safety routines to ensure a safe working environment and reducing the risk of fire.
In addition, NG’s activities entail a significant risk of environmental damage in the form of air, soil, or water pollution. To reduce this risk, NG has control systems and barriers to ensure that all employees and all facilities operate in accordance with regulations and permits. Comprehensive training is provided and performed, as well as both internal and external audits and inspections. In this way, NG improves the company’s environmental impact and ensures that external and internal requirements are complied with.
5 290 mSEK
If you want to know more about Norsk Gjenvinning please contact Hannah Gunvor Jacobsen at: email@example.com