Nynas
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 91% 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 follows a similar trend in 2023, where emissions were approximately 196,000,000 kg CO2e for Scope 1 and around 22,000,000 kg CO2e for Scope 2. Over the past few years, Nynas has demonstrated a commitment to reducing its greenhouse gas emissions, with a target to lower Scope 1 and 2 emissions by 50% by 2030, using 2017 as the baseline year. This ambitious goal includes emissions from their Harburg facility and aims for carbon neutrality by 2050. Nynas is currently on track to meet its five-year targets, reflecting a proactive approach to climate commitments in 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 | - | - | - | - | - |
Industry emissions intensity
Location emissions 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.
Nynas is not participating in any 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.
