Borregaard

Borregaard's reported carbon emissions

Borregaard's carbon emissions reporting spans several years, with the most recent data available for 2025. In 2025, Borregaard reported total Scope 1 emissions of approximately 105,935,000 kg CO2e and Scope 2 emissions of approximately 61,539,000 kg CO2e (location-based). Scope 3 emissions for 2025 were approximately 624,618,000 kg CO2e. The total combined Scope 1, 2, and 3 emissions for 2025 are approximately 792,100,000 kg CO2e. Looking back, in 2024, Borregaard reported Scope 1 emissions of approximately 120,312,000 kg CO2e, Scope 2 emissions of approximately 62,468,000 kg CO2e (location-based), and Scope 3 emissions of approximately 694,863,000 kg CO2e. The total emissions for 2024 were approximately 877,643,000 kg CO2e. In 2023, the company's total emissions were approximately 935,920,000 kg CO2e. This comprised approximately 132,771,000 kg CO2e for Scope 1, approximately 64,093,000 kg CO2e for Scope 2 (location-based), and approximately 410,791,000 kg CO2e for Scope 3. Borregaard has established a comprehensive set of climate commitments, including a near-term target to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by 2030, using a 2020 baseline year. They also aim for a 90% absolute reduction in Scope 1 and 2 emissions by 2050, aligning with a net-zero goal. For Scope 3 emissions, Borregaard has committed to a 25% absolute reduction by 2030 and a 90% absolute reduction by 2050, both from a 2020 baseline. These targets are in line with the Science Based Targets initiative (SBTi) for a 1.5°C warming scenario. The company also has a long-term objective to achieve net-zero GHG emissions across its entire value chain by 2050, also based on a 2020 baseline. Further, there are commitments to reduce Scope 2 emissions by 30% from a 2020 baseline by 2030, and an aim to reach near-zero Scope 1 and Scope 2 emissions by the middle of the current decade.