Borealis

Borealis's reported carbon emissions

Borealis, headquartered in Austria (AT), reported total carbon emissions of approximately 65.89 billion kg CO2e for the year 2025. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2025, Scope 1 emissions were approximately 1.54 billion kg CO2e, while Scope 2 emissions, using the market-based method, amounted to about 674 million kg CO2e. Scope 3 emissions were significantly higher, totalling approximately 63.68 billion kg CO2e for the same year, with purchased goods and services representing the largest component at about 10.31 billion kg CO2e, followed by end-of-life treatment of sold products at approximately 12.13 billion kg CO2e and investments at approximately 33.06 billion kg CO2e. For 2024, Borealis's total carbon emissions were approximately 54.59 billion kg CO2e. Scope 1 emissions were around 1.60 billion kg CO2e, and Scope 2 emissions (market-based) were approximately 858 million kg CO2e. Scope 3 emissions for 2024 totalled about 52.13 billion kg CO2e, with investments at approximately 25.33 billion kg CO2e and purchased goods and services at approximately 9.62 billion kg CO2e. In 2023, total emissions stood at approximately 46.82 billion kg CO2e. Scope 1 emissions were around 1.35 billion kg CO2e, and Scope 2 emissions (market-based) were approximately 953 million kg CO2e. Scope 3 emissions for 2023 totalled about 44.52 billion kg CO2e, with investments at approximately 19.86 billion kg CO2e and purchased goods and services at about 10.57 billion kg CO2e. Borealis has set ambitious climate commitments, aiming for climate neutrality by 2050 or sooner. This long-term goal encompasses Scope 1 and Scope 2 emissions. For near-term targets, Borealis aims to reduce 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. A key strategy for achieving Scope 2 reductions is to source 100% of electricity from renewable sources by 2030 for its Polyolefins and Base Chemicals operations. Furthermore, Borealis is committed to implementing energy efficiency improvements equivalent to 20% of its absolute primary energy consumption in 2015 by 2030.