Akzonobel

In 2023, AkzoNobel, headquartered in the Netherlands, reported total greenhouse gas emissions of approximately 13,400,000,000 kg CO2e. This figure includes 59,200,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 120,400,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions, were significant, with major contributions from the processing of sold products (5,200,000,000 kg CO2e) and purchased goods and services (6,100,000,000 kg CO2e). AkzoNobel has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by the fiscal year 2030, using 2020 as the baseline year. The company also targets a 42% reduction in absolute Scope 3 emissions, which includes emissions from purchased goods and services, processing of sold products, and end-of-life treatment of sold products, by the same deadline. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Overall, AkzoNobel's commitment to reducing its carbon footprint reflects its dedication to sustainability and climate action within the chemicals sector.