Public Profile

Novozymes

Novozymes A/S, a global leader in biotechnology, is headquartered in Denmark (DK) and operates extensively across Europe, North America, and Asia. Founded in 1925, the company has established itself as a pioneer in enzyme and microbial technology, serving diverse industries such as agriculture, bioenergy, food and beverages, and household care. With a commitment to sustainability, Novozymes offers innovative solutions that enhance efficiency and reduce environmental impact. Their core products, including enzymes and microorganisms, are designed to optimise processes in various applications, setting them apart in the market. Recognised for their significant contributions to sustainable practices, Novozymes continues to hold a strong market position, driving advancements in biotechnology and maintaining a focus on creating value for customers and society alike.

DitchCarbon Score

How does Novozymes'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.

63

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.

2

Industry Benchmark

Novozymes's score of 63 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Novozymes's reported carbon emissions

In 2023, Novozymes reported total greenhouse gas emissions of approximately 787,000,000 kg CO2e, comprising 40,000,000 kg CO2e from Scope 1, 103,000,000 kg CO2e from Scope 2, and 644,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050, using 2018 as the base year. For near-term targets, Novozymes has committed to reducing absolute Scope 1 and 2 emissions by 75% by 2030 and increasing its annual sourcing of renewable electricity from 37% in 2018 to 100% by 2025. Additionally, the company aims to reduce absolute Scope 3 emissions by 35% by 2030. Long-term, Novozymes targets a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These commitments align with industry standards and reflect Novozymes's dedication to sustainability and climate action, positioning the company as a leader in the chemicals sector in Denmark (DK).

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20132014201520162017201820192020202120222023
Scope 1
-
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
-
-
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
000,000,000
000,000,000
Scope 3
-
-
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
00,000,000
00,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Novozymes's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Novozymes is headquartered in DK, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Novozymes is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers