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.
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.
Industry Benchmark
Akzonobel's score of 59 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Akzonobel's reported carbon emissions
In 2024, AkzoNobel reported total carbon emissions of approximately 13,409,389,000 kg CO2e, with Scope 1 emissions at about 57,600,000 kg CO2e, Scope 2 emissions (market-based) at approximately 111,700,000 kg CO2e, and Scope 3 emissions reaching about 12,761,437,000 kg CO2e. The previous year, 2023, saw total emissions of about 13,940,243,000 kg CO2e, with Scope 1 at approximately 59,200,000 kg CO2e and Scope 2 (market-based) at around 120,400,000 kg CO2e. AkzoNobel has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using 2018 as the baseline. This target is validated by the Science Based Targets initiative (SBTi) and aligns with a 1.5°C scenario. Additionally, the company aims to reduce Scope 3 emissions by 42% by 2030 from a 2020 baseline. Specific near-term targets include reducing Scope 1 and Scope 2 emissions to near zero by 2025. The company has made significant strides in its sustainability efforts, having reduced its carbon footprint by 21% in 2021 compared to the 2018 baseline. AkzoNobel's commitment to sustainability is further reflected in its comprehensive reporting on emissions across all three scopes, demonstrating transparency and accountability in its climate strategy.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 00,000,000 |
| 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 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
