Nynas AB, commonly referred to as Nynas, is a leading player in the specialty oils and bitumen industry, headquartered in Sweden (SE). Founded in 1928, the company has established a strong presence in Europe, South America, and the Middle East, focusing on high-quality products tailored for various applications. Nynas is renowned for its innovative solutions in the production of naphthenic oils and bitumen, which are distinguished by their unique properties and versatility. The company’s commitment to sustainability and customer-centric approach has positioned it as a trusted partner in sectors such as automotive, construction, and energy. With a rich history marked by significant milestones, Nynas continues to excel in the market, leveraging its expertise to meet the evolving needs of its clients while maintaining a strong emphasis on environmental responsibility.
How does Nynas'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.
Mean score of companies in the Insurance Services 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.
Nynas's score of 42 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Nynas reported total carbon emissions of approximately 218 million kg CO2e, comprising 199 million kg CO2e from Scope 1 and 19 million kg CO2e from Scope 2 emissions. This reflects a slight increase from 2023, where total emissions were approximately 218 million kg CO2e, with Scope 1 emissions at 196 million kg CO2e and Scope 2 at 22 million kg CO2e. Nynas has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2017 as the baseline year. This target includes emissions from their Harburg facility and aligns with their long-term goal of achieving carbon neutrality by 2050. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations. Nynas's commitment to reducing emissions is part of a broader industry trend towards sustainability and climate responsibility, reflecting the increasing pressure on companies to address their environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nynas has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.


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