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 57 is higher than 77% 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, with Scope 1 emissions at about 1,599,059,000 kg CO2e, Scope 2 emissions (market-based) at approximately 858,264,000 kg CO2e, and a significant Scope 3 total of about 49,679,052,000 kg CO2e. This represents a notable increase from 2023, where total emissions were around 46,820,901,000 kg CO2e, with Scope 1 at about 1,345,701,000 kg CO2e and Scope 2 (market-based) at approximately 952,560,000 kg CO2e. Borealis has set ambitious climate commitments, aiming for climate neutrality by 2050 or sooner. Specific targets include reducing 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 plans to source 50% of its electricity from renewable sources by 2030 to mitigate Scope 2 emissions. Borealis is committed to implementing energy efficiency improvements equivalent to 20% of its absolute primary energy consumption in 2015 by 2030. These initiatives reflect Borealis's dedication to reducing its carbon footprint and aligning with global climate goals.
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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.
