Borealis
Borealis AG, a leading provider of innovative solutions in the plastics and chemicals industry, is headquartered in Austria (AT) and operates extensively across Europe, the Middle East, and Asia. Founded in 1996, Borealis has established itself as a key player in the production of polyolefins, base chemicals, and fertilisers, focusing on sustainability and circular economy principles. The company is renowned for its advanced materials and technologies, which cater to diverse sectors including automotive, packaging, and agriculture. Borealis has achieved significant milestones, such as pioneering the development of Borstar® technology, which enhances the performance of polyethylene and polypropylene products. With a strong commitment to innovation and sustainability, Borealis continues to solidify its market position, earning recognition for its contributions to the industry and its efforts in responsible production practices.
DitchCarbon Score
How does Borealis'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
Borealis's score of 52 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Borealis's reported carbon emissions
In 2024, Borealis reported total carbon emissions of approximately 52,149,030,000 kg CO2e. This includes Scope 1 emissions of about 1,599,059,000 kg CO2e, Scope 2 emissions of approximately 858,264,000 kg CO2e (market-based), and a significant Scope 3 contribution of about 49,679,052,000 kg CO2e. The previous year, 2023, saw total emissions of about 46,820,901,000 kg CO2e, with Scope 1 at approximately 1,345,701,000 kg CO2e, Scope 2 at around 952,560,000 kg CO2e (market-based), and Scope 3 at about 44,522,640,000 kg CO2e. Borealis is committed to achieving climate neutrality by 2050 or sooner, with specific targets to reduce Scope 1 and Scope 2 emissions from 5.1 million metric tons per year (based on a 2019 baseline) to 2 million metric tons by 2030, representing a 60% reduction. Additionally, the company aims to implement energy efficiency improvements equal to 20% of its absolute primary energy consumption in 2015 by 2030 and source 50% of its electricity from renewable sources by 2030 to further reduce indirect (Scope 2) emissions. Borealis's climate commitments reflect a robust strategy to address its carbon footprint, with a focus on both operational efficiency and renewable energy integration.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,569,016,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 863,800,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 48,841,469,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Borealis is not participating in any 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.
