TOMRA Systems

Oslo Stock Exchange: TOM79Credible Contributor· Provisional

0 followersRecycling / circular·Asker, Norway·Founded 1972

www.tomra.com

Norwegian circular-economy technology group operating over 91,000 reverse vending machines for bottle and can returns, plus AI-driven sensor sorting systems for recycling and food industries worldwide.

79/100

Credible Contributor· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: lowData confidence: high

Why it's on ClimateTicker

TOMRA's core business — reverse vending machines enabling beverage container deposit-return systems, plus AI-driven sensor sorting for recycling and food — is authentically climate-positive: it diverts materials from landfill and incineration, reduces virgin resource extraction, and avoids measurable downstream emissions. The company's climate credentials are substantive, not cosmetic, with SBTi-validated near-term and long-term targets and granular Scope 1/2/3 disclosure. The primary honest caveat is that Scope 3 emissions from the energy use of its 113,700+ installed machines dwarf its own operational footprint, and progress on decarbonising that installed base will be the true test of delivery.

mitigationTOMRA generates revenue through the sale, rental, and servicing of reverse vending machines (Collection division), sensor-based sorting systems for waste streams and mining (Recycling division), and optical/AI sorting equipment for fresh and processed food (Food division), with a growing share of recurring software and service revenues (~12% growth in 2024).

Commitments & Certifications

CDP: Participating — exact score not publicly confirmed in available sources ↗other: Global Circularity Protocol Business Champion ↗SBTi: Targets validated — near-term (1.5°C aligned) and long-term net-zero ↗

Controversy & Greenwashing Watch

lowScope 3 Intensity (Not Absolute) Targeting

TOMRA's Scope 3 SBTi target is expressed per mEUR value added rather than in absolute terms, meaning total supply-chain and product-use emissions could increase alongside revenue growth — a structural limitation that sophisticated investors should flag.source ↗

mediumExtensive Cyberattack (July 2023)

TOMRA suffered a large-scale cyberattack on July 16, 2023 that forced multiple systems offline, disrupted supply-chain management and office operations across major sites, and cost the company NOK 120 million in one-off remediation and security upgrade expenses.source ↗

lowFood Division Restructuring — 20% Workforce Reduction (2023–2024)

TOMRA Food underwent a significant restructuring that reduced headcount by approximately 20% and consolidated operations from four sites to two, generating EUR 25m in restructuring charges in 2023 and raising labour-practice scrutiny.source ↗

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