BorsodChem Sustainability Profile
BorsodChem Zrt., a leading chemical manufacturer headquartered in Hungary (HU), has established itself as a key player in the European chemical industry since its founding in 1949. With major operational regions across Central and Eastern Europe, the company focuses on the production of polyurethanes, ammonia, and other chemical intermediates, catering to diverse sectors such as construction, automotive, and textiles. Renowned for its innovative approach, BorsodChem offers unique products that meet stringent quality standards, positioning itself as a reliable partner in the chemical supply chain. The company has achieved significant milestones, including advancements in sustainable production practices, which enhance its competitive edge. With a strong market presence, BorsodChem continues to drive growth and innovation, solidifying its reputation as a trusted name in the chemical industry.
DitchCarbon Score
How does BorsodChem'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 Research Services 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
BorsodChem's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BorsodChem's reported carbon emissions
In 2023, BorsodChem reported significant carbon emissions, totalling approximately 565,395,000 kg CO2e for Scope 1 emissions, which include direct emissions from owned or controlled sources. Additionally, the company recorded about 189,776,000 kg CO2e in Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The most substantial contribution came from Scope 3 emissions, amounting to approximately 1,853,691,000 kg CO2e, which encompasses all other indirect emissions in the value chain. BorsodChem's emissions data is cascaded from its parent company, BorsodChem Zrt., reflecting its commitment to transparency in reporting. However, there are currently no specified reduction targets or climate pledges documented, indicating a potential area for future development in their sustainability strategy. The company has disclosed emissions data for various categories, including capital goods, employee commute, and purchased goods and services, highlighting the complexity of its carbon footprint. As a current subsidiary, BorsodChem is positioned to align its climate commitments with broader industry standards and expectations, although specific initiatives or targets have not been outlined in the available data.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | 000,000,000 |
| Scope 2 | - | - | 000,000,000 |
| Scope 3 | 2,431,958,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is BorsodChem's Industry?
How Carbon Intensive is BorsodChem's Location?
BorsodChem's Scope 3 Categories Breakdown
BorsodChem's Scope 3 emissions, which decreased by 15% last year and decreased by approximately 24% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 61% of Scope 3 emissions.
Top Scope 3 Categories
BorsodChem'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.
BorsodChem has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
