Integrated Annual report 2025: Delivering Where It Matters Most
In a time of increasing complexity and higher expectations, NG Nordic delivered on what matters most: safe operations, strong financial and operational performance, and tangible progress towards a more circular economy. At the same time, the year also reminded us that our work is far from complete. Our strongest asset is our 3 400 employees across the Nordics and beyond.
Their competence and willingness to embrace change have been decisive in a year defined by integration and delivery. Across the organization, we have built momentum while laying the foundations for long-term value creation. We strengthened operations, advanced integration, and continued to deliver reliable, high-quality services to our customers and partners throughout the Nordics.
Integration for greater impact
The year was characterized by integration, not as an internal exercise alone, but to deliver more value externally. By bringing together people, capabilities, assets, and ways of working across the Nordics, we built a unique value chain and strengthened our ability to support customers and partners with more comprehensive, reliable, and sustainable solutions.
In 2025, we also launched NG Nordic as our common brand. This marked an important step in our journey from two strong organizations to one integrated company with a shared identity, purpose, and direction.
This work requires leadership, commitment and openness across the organization. I am proud of how our employees embraced change while continuing to deliver day after day.
From ambition to action
NG Nordic’s strategy is designed to turn circular ambition into real impact. By combining scale, local presence, and deep expertise, we work in close collaboration with customers and partners to address some of society’s most pressing challenges; pollution, climate change, and resource scarcity, at a time of increasing geopolitical uncertainty affecting supply chains and access to critical resources.
Health and safety, people, operational excellence, innovation, and our asset footprint are the foundation of long-term value creation and differentiate how we deliver at scale across the Nordics.
The transition to a truly circular economy is complex and requires sustained effort. While we have taken important steps, we know that developing new circular value chains will require continued investment, innovation, and collaboration across industries.
Building a strong and responsible group
Safety and integrity remain non-negotiable priorities. As a Nordic leader in circular services and total waste management, we have both the opportunity and the obligation to set high standards, for ourselves and for the industry.
While we have strengthened our safety leadership, compliance, and responsible operations during the year, we also recognize that there is more to do. Building a stronger safety and compliance culture and reducing incidents across the company will remain a top priority going forward. At the same time, we will continue to reduce environmental impact and increase recycling and material recovery.
Looking ahead with confidence NG Nordic enters the next phase stronger, more integrated, and better positioned for the future. The work ahead is demanding, and we approach it with both ambition and humility. Our priority is clear: To accelerate the transition to a circular economy and create lasting value for society, customers, partners, and owners.
In 2026, NG Nordic marks a 100-year legacy of operations, reflecting a long history of adapting to change while delivering essential services to society. Standing at the intersection of history and the future is both a responsibility and a privilege. As we build on the work of those who came before us, we look ahead to the next 100 years.
I would like to thank our employees, including my team in the Executive Leadership Team, for their dedication, our customers and partners for their trust, and our owners for their long-term support. Together, we are shaping NG Nordic and the future of circularity.