Novozymes

Novozymes's carbon emissions management includes ambitious targets for reducing greenhouse gas (GHG) emissions. In 2025, the company reported total emissions of approximately 1.3 billion kg CO2e. This figure comprises Scope 1 emissions of about 106.9 million kg CO2e, Scope 2 emissions of roughly 334.7 million kg CO2e (location-based), and Scope 3 emissions totalling approximately 1 billion kg CO2e, with purchased goods and services being the largest contributor.

For 2024, Novozymes's total emissions were approximately 1.4 billion kg CO2e, with Scope 1 emissions at about 93.5 million kg CO2e, Scope 2 at approximately 351.8 million kg CO2e (location-based), and Scope 3 at roughly 986.2 million kg CO2e.

Novozymes has set a near-term target to reduce its absolute Scope 1 and 2 GHG emissions by 75% by 2030, using 2018 as a baseline. Furthermore, the company aims for a 35% reduction in absolute Scope 3 GHG emissions across specific categories, including purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, and business travel, also by 2030 from a 2018 baseline.

Looking towards the long term, Novozymes is committed to reaching net-zero CO2 emissions across its operations and value chain by 2050. This overarching goal includes a commitment to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050, relative to the 2018 baseline. The company also aims for a 90% reduction in absolute Scope 3 GHG emissions within the same timeframe. These science-based targets underscore Novozymes's dedication to climate action within the chemicals industry.