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 70 is higher than 99% 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 2023, Umicore reported total greenhouse gas emissions of approximately 7,252,813,000 kg CO2e, with emissions distributed across various scopes: 317,908,000 kg CO2e for Scope 1, 314,097,000 kg CO2e for Scope 2 (market-based), and 7,252,813,000 kg CO2e for Scope 3. The company has set ambitious targets to achieve Net Zero greenhouse gas emissions in Scopes 1 and 2 by 2035, with interim goals of a 20% reduction by 2025 and a 50% reduction by 2030, using 2019 as the baseline year. Umicore's commitment includes a 50% reduction in absolute Scope 1 and 2 emissions by 2030, alongside a 42% reduction in Scope 3 emissions from purchased goods and services per ton of material procured by the same year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Overall, Umicore's climate strategy reflects a proactive approach to reducing its carbon footprint and contributing to a sustainable future, with a clear roadmap for 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 | 543,807,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 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 | 543,807,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 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 | 543,807,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | 0,000,000,000 | 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.
