Nynas Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
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Nynas's reported carbon emissions
In 2024, Nynas reported total carbon emissions of approximately 199,000,000 kg CO2e for Scope 1 and about 19,000,000 kg CO2e for Scope 2. This marks a slight increase in Scope 1 emissions from 2023, where they were approximately 196,000,000 kg CO2e, while Scope 2 emissions rose from about 22,000,000 kg CO2e in the same year. In 2022, Nynas's combined Scope 1 and 2 emissions totalled approximately 295,000,000 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 is currently on track to meet its near-term reduction targets, demonstrating a proactive approach to climate action. Nynas's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. The company continues to focus on sustainability and reducing its environmental impact within the oil and energy sector.
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| 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 | - | - | - | - | - |
How Carbon Intensive is Nynas's Industry?
How Carbon Intensive is Nynas's Location?
Nynas's Climate Goals (2030 & 2050)
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.
