Borregaard Sustainability Profile
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 75 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 reported total greenhouse gas emissions of approximately 1,109,426,000 kg CO2e, comprising 120,312,000 kg CO2e from Scope 1, 501,812,000 kg CO2e from Scope 2 (market-based), and 487,301,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030, based on a 2020 baseline, and a 90% reduction by 2050. Additionally, Borregaard targets a 25% reduction in absolute Scope 3 emissions by 2030 and a 90% reduction by 2050. In 2023, Borregaard's total emissions were approximately 935,920,000 kg CO2e, with Scope 1 emissions at 158,000,000 kg CO2e, Scope 2 emissions at 392,357,000 kg CO2e (market-based), and Scope 3 emissions reaching 1,023,963,000 kg CO2e. The company has made significant strides in reducing emissions, including a reported reduction of about 39,000,000 kg CO2e from investments aimed at improving energy efficiency and transitioning to renewable energy sources. Borregaard's climate strategy is aligned with the Science Based Targets initiative (SBTi), committing to net-zero emissions across its value chain by 2050. The targets encompass biogenic emissions and removals associated with the use of bioenergy, reflecting a comprehensive approach to sustainability in the chemicals sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 128,414,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 58,213,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 334,959,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
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Borregaard's Scope 3 Categories Breakdown
Borregaard's Scope 3 emissions, which decreased by 52% last year and increased by approximately 45% since 2017, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 44% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 46% of Scope 3 emissions.
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Borregaard's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Borregaard has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Borregaard's sustainability data and climate commitments