Public Profile

Akzonobel

AkzoNobel N.V., headquartered in the Netherlands, is a leading global paints and coatings company, renowned for its innovative solutions in the decorative paints and performance coatings sectors. Founded in 1994, AkzoNobel has a rich history marked by significant milestones, including its commitment to sustainability and innovation. With a strong presence across Europe, North America, and Asia, AkzoNobel offers a diverse range of products, including high-quality paints, coatings, and specialty chemicals. Their unique formulations are designed to enhance durability and aesthetic appeal, setting them apart in a competitive market. As a key player in the coatings industry, AkzoNobel has received numerous accolades for its sustainable practices and product excellence, solidifying its position as a trusted partner for customers worldwide.

DitchCarbon Score

How does Akzonobel's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

43

Industry Average

Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

2

Industry Benchmark

Akzonobel's score of 43 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Akzonobel's reported carbon emissions

In 2023, AkzoNobel, headquartered in the Netherlands (NL), reported total greenhouse gas emissions of approximately 59,200,000 kg CO2e from Scope 1 and 120,400,000 kg CO2e from Scope 2. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 42% by FY2030, using FY2020 as the baseline. Additionally, AkzoNobel is committed to a 42% reduction in absolute Scope 3 emissions, which include emissions from purchased goods and services, processing of sold products, and end-of-life treatment of sold products, also from a 2020 base year. Over the years, AkzoNobel has demonstrated a commitment to sustainability, with significant reductions in emissions from previous years. For instance, in 2020, the total emissions were about 13,400,000 kg CO2e, indicating a substantial decrease in emissions over time. The company’s targets align with the Science Based Targets initiative (SBTi), ensuring that their reduction goals are consistent with the global aim to limit warming to 1.5°C. Overall, AkzoNobel's proactive approach to managing its carbon footprint reflects its dedication to environmental responsibility and sustainable practices within the chemicals sector.

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201320142015201620172018201920202021202220232024
Scope 1
1,100,000,000
0,000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000,000
00,000,000,000
Scope 2
2,800,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000,000
Scope 3
-
-
-
-
-
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Akzonobel's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Akzonobel is headquartered in NL, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Akzonobel is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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