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Elkem, officially known as Elkem ASA, is a leading player in the "Other Chemical and Allied Products Merchant Wholesalers" industry, with its headquarters situated in Norway. Established in 1904, the company has a long-standing history of innovation and growth, expanding its operations across key regions including Europe, Asia, and the Americas.
Specialising in the production of silicones, carbon solutions, and other advanced materials, Elkem is recognised for its high-quality, sustainable products that serve diverse industries such as construction, automotive, and electronics. Its commitment to innovation and environmental responsibility has cemented its position as a notable leader within the chemical sector, consistently achieving milestones that underscore its market influence and dedication to excellence.
+20 vs industry average
Elkem’s score of 76 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Chemical and Allied Products Merchant Wholesalers has below-average carbon intensity
The Other Chemical and Allied Products Merchant Wholesalers industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Elkem, headquartered in Norway and operating in the Other Chemical and Allied Products Merchant Wholesalers industry, reported total carbon emissions of approximately 14.55 billion kg CO2e in 2025. This includes about 1.96 billion kg CO2e from Scope 1 emissions, approximately 3.19 billion kg CO2e from Scope 2 (market-based), and around 8.93 billion kg CO2e from Scope 3 emissions.
In 2024, Elkem's total emissions were approximately 13.79 billion kg CO2e, comprising around 2.03 billion kg CO2e for Scope 1, approximately 3.42 billion kg CO2e for Scope 2 (market-based), and about 8.34 billion kg CO2e for Scope 3. Looking back to 2023, total emissions were approximately 11.91 billion kg CO2e, with Scope 1 at about 2.21 billion kg CO2e, Scope 2 (market-based) at around 2.89 billion kg CO2e, and Scope 3 at approximately 6.81 billion kg CO2e.
Elkem aims for fully carbon-neutral production (zero fossil emissions) globally by 2050. The company also has a long-term absolute reduction target to cut Scope 1 and 2 emissions by 28% from a 2020 baseline by 2031. Furthermore, Elkem aims to reduce its fossil CO2 emissions by 25% from 2020 to 2030 across all scopes. These targets and emissions data are cascaded from Elkem ASA.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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