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AkzoNobel, officially known as AkzoNobel N.V., is a leading global player in the paint and coatings manufacturing industry. Headquartered in the Netherlands, the company operates across numerous regions, serving customers worldwide with a strong presence in Europe, the Americas, and Asia. Founded in 1994 through the merger of Akzo and Nobel Industries, AkzoNobel has established a reputation for innovation and sustainability in its core business areas.
The company specialises in producing high-quality paints, coatings, and speciality chemicals, catering to both industrial and decorative markets. Its unique formulations and commitment to environmentally responsible practices have helped it maintain a prominent market position. Recognised for its industry expertise and continuous innovation, AkzoNobel remains a key player in shaping the future of coatings and surface chemistry.
+49 vs industry average
Akzonobel’s score of 83 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Paint and Coating Manufacturing is among the most carbon-intensive industries
The Paint and Coating Manufacturing industry has reduced its overall emissions by 26% since 2018
Scope 3 accounts for ••• of total emissions.
AkzoNobel, a global paint and coatings manufacturer headquartered in the Netherlands, has reported its carbon emissions across Scope 1, 2, and 3. In 2025, the company's total emissions were approximately 12.25 billion kg CO2e. This figure comprises about 54.7 million kg CO2e from Scope 1 emissions and roughly 97.5 million kg CO2e from Scope 2 emissions (market-based). Scope 3 emissions were substantial, totalling approximately 11.63 billion kg CO2e, with purchased goods and services accounting for about 5.40 billion kg CO2e and the end-of-life treatment of sold products contributing approximately 1.73 billion kg CO2e.
In 2024, AkzoNobel's total emissions were around 13.41 billion kg CO2e, with Scope 1 at about 57.6 million kg CO2e, Scope 2 at approximately 111.7 million kg CO2e (market-based), and Scope 3 at approximately 12.76 billion kg CO2e. The previous year, 2023, saw total emissions of approximately 13.94 billion kg CO2e, with Scope 1 at about 59.2 million kg CO2e, Scope 2 at approximately 120.4 million kg CO2e (market-based), and Scope 3 at approximately 13.12 billion kg CO2e.
AkzoNobel is committed to significant emissions reductions, with targets validated by the Science Based Targets initiative (SBTi). The company aims to reduce its Scope 1 and 2 GHG emissions by 42% by FY2030, using a FY2020 base year. Additionally, AkzoNobel has set a target to reduce its Scope 3 GHG emissions, specifically from purchased goods and services, processing of sold products, and end-of-life treatment of sold products, by 42% by 2030, also from a 2020 baseline. These SBTi targets are aligned with a 1.5°C warming scenario.
Further commitments include aiming to reduce Scope 1 and Scope 2 emissions to near zero by 2025, and a 30% reduction in Scope 1 and Scope 2 emissions from a 2020 baseline by 2030. The company also aims for a 50% carbon emission reduction for Scope 1 and Scope 2 by 2030, using an 2018 baseline. In terms of energy use, AkzoNobel is aiming to cut energy use by 30% by 2030 against a 2018 baseline. Historically, they had targeted a 25% reduction in absolute greenhouse gas emissions from operations by 2020 from a 2015 baseline, and a reduction of 25% to 30% per ton of sales for their cradle-to-grave carbon footprint between 2012 and 2020.
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2030
42% reduction in Scope 2
Dutch multinational paints and coatings company AkzoNobel NV commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2…
2030
42% reduction in scope 3 total
Dutch multinational paints and coatings company AkzoNobel NV commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2…
2030
42% reduction in Scope 1
Dutch multinational paints and coatings company AkzoNobel NV commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2…
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