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.

82

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.

26

Industry Benchmark

Novozymes's score of 82 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

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Novozymes's reported carbon emissions

In 2022, Novozymes reported total greenhouse gas emissions of approximately 895,000,000 kg CO2e. This includes 46,000,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 115,000,000 kg CO2e from Scope 2 emissions, with a significant portion attributed to purchased steam and electricity. The company’s Scope 3 emissions were notably high at 734,000,000 kg CO2e, largely driven by purchased goods and services. Novozymes has set ambitious climate commitments, aiming for net zero greenhouse gas emissions across its entire value chain by 2050, using 2018 as the baseline year. In the near term, the company targets a 75% reduction in absolute Scope 1 and 2 emissions by 2030. Additionally, it plans to increase its sourcing of renewable electricity from 37% in 2018 to 100% by 2025. For Scope 3 emissions, Novozymes aims for a 35% reduction by 2030. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These targets have been validated by the Science Based Targets initiative (SBTi), aligning with the 1.5°C climate goal. Novozymes is committed to implementing these strategies to significantly mitigate its carbon footprint and contribute to global climate efforts.

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201320142015201620172018201920202021202220232024
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
-
-
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000
000,000
00,000,000
Scope 3
-
-
-
00,000,000
00,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000

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. This request for Novozymes is in DK, which has a low grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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