Umicore
Umicore, a global materials technology and recycling company headquartered in Belgium, has established itself as a leader in the fields of catalysis, energy materials, and recycling. Founded in 1805, Umicore has evolved significantly, achieving key milestones such as its commitment to sustainable development and innovation in battery materials for electric vehicles. With major operations across Europe, Asia, and the Americas, Umicore offers a diverse range of core products and services, including precious metal recycling and advanced materials for clean technologies. What sets Umicore apart is its focus on sustainability and circular economy principles, positioning the company as a pioneer in responsible resource management. Recognised for its market leadership, Umicore continues to drive advancements in materials science, contributing to a greener future.
DitchCarbon Score
How does Umicore'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 Salt and Mineral Mining 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
Umicore's score of 72 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Umicore's reported carbon emissions
In 2024, Umicore reported total carbon emissions of approximately 7,031,349,000 kg CO2e, with Scope 1 emissions at about 277,717,000 kg CO2e, Scope 2 emissions at approximately 286,349,000 kg CO2e (market-based), and a significant Scope 3 total of around 6,467,283,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 7,884,817,000 kg CO2e, with Scope 1 at approximately 317,908,000 kg CO2e and Scope 2 at about 314,097,000 kg CO2e (market-based). Umicore has set ambitious climate commitments, aiming for Net Zero Greenhouse Gas (GHG) emissions in Scopes 1 and 2 by 2035. The company has established intermediate reduction targets of 20% by 2025 and 50% by 2030, using 2019 emissions as a baseline. These targets are aligned with the Science Based Targets initiative (SBTi), which also includes a commitment to reduce Scope 3 emissions from purchased goods and services by 42% per ton of material procured by 2030. Overall, Umicore's proactive approach to reducing its carbon footprint reflects its commitment to sustainability and climate responsibility, with a clear trajectory towards significant emissions reductions in the coming years.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | 0,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Umicore 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.
