Novozymes

Novozymes's reported carbon emissions

Novozymes, headquartered in DK, is committed to ambitious climate goals, aiming for net-zero greenhouse gas (GHG) emissions across its value chain by 2050. This long-term vision is supported by near-term targets and a commitment to reducing absolute GHG emissions. In terms of emissions, Novozymes reported a total of approximately 1.348 billion kg CO2e for 2025. This breaks down into approximately 106.9 million kg CO2e for Scope 1 emissions and approximately 52.4 million kg CO2e for Scope 2 emissions (market-based). Scope 3 emissions for 2025 were substantial, totalling approximately 1.002 billion kg CO2e from purchased goods and services, alongside other categories. For 2024, Novozymes reported total emissions of approximately 1.378 billion kg CO2e, with Scope 1 emissions at around 93.5 million kg CO2e and Scope 2 market-based emissions at approximately 88.6 million kg CO2e. Scope 3 emissions in 2024 amounted to approximately 986.2 million kg CO2e for purchased goods and services. Novozymes has established Science Based Targets (SBTi) aligned with a 1.5°C warming scenario. Key commitments include: * **Near-Term Targets (by 2030, from a 2018 base year):** * Reduce absolute Scope 1 and 2 GHG emissions by 75%. * Reduce absolute Scope 3 GHG emissions (including purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, and business travel) by 35%. * Increase annual sourcing of renewable electricity to 100% by 2025 and maintain this through 2030. * **Long-Term Targets (by 2050, from a 2018 base year):** * Achieve net-zero GHG emissions across the entire value chain. * Reduce absolute Scope 1 and 2 GHG emissions by 90%. * Reduce absolute Scope 3 GHG emissions by 90%. The company's emissions data is not cascaded from a parent organisation, indicating direct reporting.