Borealis

Borealis, a Chemicals nec company headquartered in AT, reported its latest total carbon emissions for 2025 as approximately 65.89 billion kg CO2e. This includes Scope 1 emissions of about 1.54 billion kg CO2e, Scope 2 (market-based) emissions of approximately 674.04 million kg CO2e, and Scope 3 emissions of roughly 63.68 billion kg CO2e.

Looking back, Borealis's total emissions were approximately 54.59 billion kg CO2e in 2024, 46.82 billion kg CO2e in 2023, 44.91 billion kg CO2e in 2022, 47.73 billion kg CO2e in 2021, and 52.46 billion kg CO2e in 2020. The 2022, 2021 and 2020 figures for Scope 3 emissions only included Investments.

Borealis has set several ambitious climate commitments:

• Long-term Climate Neutrality: The company aims to achieve climate neutrality by 2050 or sooner for its Scope 1 and Scope 2 emissions, with this commitment also being cascaded from its parent company OMV Aktiengesellschaft.
• Near-term Emissions Reduction: Borealis targets a 60% reduction in combined Scope 1 and Scope 2 emissions by 2030, from a 2019 baseline of 5.1 million metric tons per year (equivalent to 5.1 billion kg CO2e).
• Renewable Electricity: By 2030, Borealis plans to source 100% of the electricity used in its Polyolefins and Base Chemicals operations from renewable sources. Separately, it also aims to source 50% of electricity from renewable sources by 2030 to reduce indirect (Scope 2) emissions.
• Energy Efficiency: The company is committed to implementing energy efficiency improvements equivalent to a 20% reduction in absolute primary energy consumption by 2030, using a 2015 baseline.