Akzonobel

AkzoNobel, a Netherlands-headquartered Paint and Coating Manufacturing company, reported global Scope 1 emissions of approximately 54,664,000 kg CO2e in 2025. Market-based Scope 2 emissions for the same year were approximately 97,513,000 kg CO2e, and Scope 3 emissions were approximately 11,631,185,000 kg CO2e, including significant contributions from purchased goods and services (approximately 5,396,911,000 kg CO2e) and end-of-life treatment of sold products (approximately 1,725,909,000 kg CO2e). The total reported emissions for 2025 were approximately 12,249,336,000 kg CO2e.

Looking back, in 2024, AkzoNobel's total emissions were approximately 13,409,389,000 kg CO2e, with Scope 1 at about 57,645,000 kg CO2e and market-based Scope 2 at about 111,738,000 kg CO2e. Scope 3 emissions in 2024 were approximately 12,761,437,000 kg CO2e.

AkzoNobel has set ambitious climate commitments, including Science-Based Targets initiative (SBTi) validated targets. The company commits to reducing absolute Scope 1 and 2 GHG emissions by 42% by financial year 2030 from a 2020 base year. Additionally, AkzoNobel aims to reduce 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 from a 2020 base year. These targets are consistent with reductions required to keep global warming to 1.5°C.

The company also aims to reduce its Scope 1 emissions to near zero by 2025 and its Scope 2 emissions to near zero by 2025. Furthermore, AkzoNobel targets a 50% carbon emission reduction for Scope 1 and 2 by 2030, using a 2018 baseline. For Scope 3, a 50% carbon emission reduction target by 2030 from a 2018 baseline is also in place. As of 2022, AkzoNobel reported a 28% reduction in combined Scope 1 and 2 emissions against its 2018 baseline. The company has also achieved a 9% reduction in Scope 3 emissions in 2022 compared to 2021.