Borealis AG, commonly referred to as Borealis, is a leading player in the chemicals sector, specialising in innovative solutions within the broader chemicals industry. Headquartered in Vienna, Austria, the company operates across multiple regions, serving markets in Europe, Asia, and the Americas. Founded in 1994, Borealis has established a strong reputation for its focus on polyolefins, base chemicals, and fertilisers, offering products that are integral to various industrial applications.
Known for its commitment to sustainability and technological advancement, Borealis has achieved notable milestones in product development and market expansion. Its core offerings are distinguished by their high quality and versatility, making the company a key supplier in the global chemicals market. With a solid market position, Borealis continues to drive innovation and growth within the chemicals industry.
+37 vs industry average
Borealis’s score of 67 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Borealis's reported carbon emissions
Borealis, a chemicals company headquartered in Austria, has reported significant carbon emissions and detailed climate commitments.
For the reporting year 2025, Borealis's total emissions were approximately 65.9 billion kg CO2e. This total is comprised of about 1.5 billion kg CO2e for Scope 1 emissions and approximately 674 million kg CO2e for Scope 2 (market-based) emissions. Scope 3 emissions were substantial, amounting to about 63.7 billion kg CO2e, with purchased goods and services contributing around 10.3 billion kg CO2e and end-of-life treatment of sold products adding approximately 12.1 billion kg CO2e.
In 2024, Borealis reported total emissions of approximately 54.6 billion kg CO2e, including about 1.6 billion kg CO2e for Scope 1 and around 858 million kg CO2e for Scope 2 (market-based). Scope 3 emissions for this period were approximately 52.1 billion kg CO2e.
Looking at 2023, Borealis's total emissions were around 46.8 billion kg CO2e. Scope 1 emissions were approximately 1.3 billion kg CO2e, and Scope 2 (market-based) emissions were about 953 million kg CO2e. Scope 3 emissions for 2023 totalled approximately 44.5 billion kg CO2e.
Borealis has outlined several ambitious climate targets. The company is committed to achieving climate neutrality by 2050 or sooner, for all scopes. Furthermore, they aim to reduce their Scope 1 and Scope 2 emissions from a 2019 baseline of 5.1 million metric tons per year to 2 million metric tons by 2030. This reduction will be significantly driven by expanding the use of renewable power sources. Specifically, Borealis targets sourcing 100% of electricity from renewable origins for its Polyolefins and Base Chemicals operations by 2030, and sourcing 50% of electricity from renewable sources by 2030 to reduce indirect (Scope 2) emissions. Additionally, they aim to implement energy efficiency improvements equal to 20% of their absolute primary energy consumption in 2015 by 2030.
Borealis's emissions data is cascaded from Borealis AG, as it is a current subsidiary. The company's climate initiatives are also reported through OMV Aktiengesellschaft, indicating a corporate family relationship for CDP and CA100 initiatives.
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Borealis’s Climate Goals (2030 & 2050)
9 goals2030
50% reduction in Scope 2
source 50% of electricity from renewable sources by 2030 to reduce indirect (Scope 2) emissions that are caused by electricity consumption;
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 9 climate goals
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from OMV Aktiengesellschaft
The Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from OMV Aktiengesellschaft
RE 100
Climate Action 100
Inherited from OMV AktiengesellschaftEmissions comparison with industry peers
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Borealis
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