Altana
Altana, officially known as Altana AG, is a leading innovator in the field of advanced materials and digital solutions, headquartered in Germany. Founded in 1977, the company has established a strong presence in Europe and North America, focusing on the development of high-performance materials for various industries, including automotive, aerospace, and electronics. With a commitment to sustainability and innovation, Altana offers a diverse range of products, including specialty chemicals and digital services that enhance manufacturing processes. Their unique approach combines cutting-edge technology with a deep understanding of customer needs, positioning them as a key player in the global market. Notable achievements include significant advancements in eco-friendly materials, reinforcing Altana's reputation as a forward-thinking leader in the industry.
DitchCarbon Score
How does Altana'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
Altana's score of 41 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altana's reported carbon emissions
In 2023, ALTANA AG reported total greenhouse gas emissions of approximately 77,769,000 kg CO2e, comprising about 76,393,000 kg CO2e from Scope 1 and approximately 1,376,000 kg CO2e from Scope 2. This reflects a significant commitment to reducing its carbon footprint, with a target to achieve net-zero emissions across its entire value chain by 2050. ALTANA has set ambitious near-term goals, aiming to reduce absolute Scope 1 and 2 emissions by 50.4% by 2032 from a 2021 baseline. Additionally, the company plans to cut Scope 3 emissions by 30% within the same timeframe. Long-term, ALTANA aims for a 90% reduction in Scope 1 and 2 emissions by 2040, while also targeting a 90% reduction in Scope 3 emissions by 2050. Starting in 2025, ALTANA intends to voluntarily offset as many CO2 equivalents as it generates across Scope 1, Scope 2, and selected categories of Scope 3 emissions (categories 4, 6, and 8). This proactive approach underscores ALTANA's commitment to sustainability and its role in combating climate change within the chemicals sector.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 130,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 123,600,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | - |
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.
Altana 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.
