Akzonobel Sustainability Profile
AkzoNobel N.V., headquartered in the Netherlands, is a leading global paints and coatings company, renowned for its innovative solutions in the decorative paints and performance coatings sectors. Founded in 1994, AkzoNobel has a rich history marked by significant milestones, including its commitment to sustainability and innovation. With a strong presence across Europe, North America, and Asia, AkzoNobel offers a diverse range of products, including high-quality paints, coatings, and specialty chemicals. Their unique formulations are designed to enhance durability and aesthetic appeal, setting them apart in a competitive market. As a key player in the coatings industry, AkzoNobel has received numerous accolades for its sustainable practices and product excellence, solidifying its position as a trusted partner for customers worldwide.
DitchCarbon Score
How does Akzonobel'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 Chemicals 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
Akzonobel's score of 62 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Akzonobel's reported carbon emissions
In 2024, AkzoNobel reported total greenhouse gas emissions of approximately 13,409,389,000 kg CO2e, comprising 57,600,000 kg CO2e from Scope 1, 111,700,000 kg CO2e from Scope 2 (market-based), and 12,761,437,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, aiming for a 50% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using 2018 as the baseline. This target is validated by the Science Based Targets initiative (SBTi) and aligns with a 1.5°C climate scenario. Additionally, AkzoNobel is committed to reducing its Scope 3 emissions by 50% by 2030, also from a 2018 baseline. The company has further pledged to achieve near-zero emissions for both Scope 1 and Scope 2 by 2025. In 2023, AkzoNobel's total emissions were approximately 13,940,243,000 kg CO2e, indicating a significant commitment to sustainability and climate action. These initiatives reflect AkzoNobel's dedication to addressing climate change and reducing its environmental impact, positioning the company as a leader in the chemicals sector in the Netherlands.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,500,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 3,200,000,000 | 0,000,000,000 | 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 | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 |
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Akzonobel's Scope 3 Categories Breakdown
Akzonobel's Scope 3 emissions, which decreased by 3% last year and decreased by approximately 12% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 47% of Scope 3 emissions.
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Akzonobel'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.
Akzonobel has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Akzonobel's sustainability data and climate commitments