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.
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.
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.
Borealis's score of 32 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Borealis reported total carbon emissions of approximately 1,347,000,000 kg CO2e for Scope 1, 878,000,000 kg CO2e for Scope 2 (market-based), and significant investments contributing to Scope 3 emissions, which are not fully disclosed. The company has shown a commitment to transparency by disclosing emissions across all three scopes, with Scope 1 and 2 emissions reflecting their operational impact. Borealis has not set specific reduction targets or initiatives as per the latest data, indicating a potential area for improvement in their climate strategy. The company’s emissions from previous years show fluctuations, with Scope 1 emissions recorded at approximately 1,556,000,000 kg CO2e in 2021 and 1,369,000,000 kg CO2e in 2022, suggesting a slight reduction in operational emissions. Overall, while Borealis has made strides in emissions reporting, the absence of defined reduction targets highlights the need for a more robust climate commitment moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,569,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 864,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 48,848,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 committed to any reduction initiatives 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.