Borregaard
Borregaard ASA, headquartered in Norway, is a leading global player in the biorefining industry. Founded in 1889, the company has evolved significantly, establishing a strong presence in Europe, North America, and Asia. Borregaard specialises in producing advanced biochemicals, bio-based solutions, and sustainable products derived from renewable resources, setting itself apart with its innovative approach to sustainability. With a diverse portfolio that includes lignin, cellulose, and other bio-based materials, Borregaard caters to various sectors, including construction, agriculture, and pharmaceuticals. The company is recognised for its commitment to environmental responsibility and has achieved notable milestones in reducing carbon emissions and enhancing resource efficiency. As a pioneer in biorefining, Borregaard continues to strengthen its market position through cutting-edge research and development, making significant contributions to a more sustainable future.
DitchCarbon Score
How does Borregaard'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
Borregaard's score of 72 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Borregaard's reported carbon emissions
In 2024, Borregaard ASA reported total greenhouse gas emissions of approximately 1,109,426,000 kg CO2e. This includes Scope 1 emissions of about 120,312,000 kg CO2e, Scope 2 emissions of approximately 501,812,000 kg CO2e (market-based), and Scope 3 emissions of around 487,301,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and 2 emissions by 2030, with a long-term goal of achieving a 90% reduction by 2050, both from a 2020 baseline. Additionally, Borregaard is committed to reducing its absolute Scope 3 emissions by 25% by 2030 and 90% by 2050. In 2023, Borregaard's total emissions were approximately 935,920,000 kg CO2e, with Scope 1 emissions at about 132,772,000 kg CO2e, Scope 2 emissions at approximately 392,357,000 kg CO2e (market-based), and Scope 3 emissions around 410,791,000 kg CO2e. The company’s reduction targets are aligned with the Science Based Targets initiative (SBTi), which confirms that their goals are consistent with limiting global warming to 1.5°C. Borregaard's headquarters is located in Norway, and it operates within the chemicals sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 130,945,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 336,964,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 399,998,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Borregaard is participating in some 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.
