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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 Netherlands-based paint and coating manufacturer, reported its latest available emissions data for 2025, with total gross emissions of approximately 12.25 billion kg CO2e. This includes about 54.66 million kg CO2e from Scope 1 and approximately 97.51 million kg CO2e from Scope 2 (market-based). Scope 3 emissions in 2025 were approximately 11.63 billion kg CO2e.
Looking back, in 2024, AkzoNobel's total gross emissions were about 13.41 billion kg CO2e, comprising around 57.65 million kg CO2e for Scope 1 and approximately 111.74 million kg CO2e for Scope 2 (market-based), with Scope 3 emissions at approximately 12.76 billion kg CO2e. For 2023, total gross emissions were approximately 13.94 billion kg CO2e, with Scope 1 at about 59.20 million kg CO2e, Scope 2 (market-based) at approximately 120.40 million kg CO2e, and Scope 3 at approximately 13.12 billion kg CO2e.
AkzoNobel has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi), consistent with a 1.5°C scenario. The company aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by financial year 2030, from a 2020 base year. Additionally, AkzoNobel commits to reducing absolute Scope 3 GHG emissions 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 base year.
The company also has specific targets to reduce Scope 1 and 2 emissions to near zero by 2025. Furthermore, AkzoNobel is working towards a 50% carbon emission reduction for Scope 1 and Scope 2 by 2030, against a 2018 baseline. For Scope 3, a 50% carbon emission reduction by 2030 is also targeted, using a 2018 baseline. As of 2022, AkzoNobel had achieved a 6% carbon emissions reduction in its own operations (Scope 1 and 2) since 2018.
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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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