Akzonobel

In 2023, AkzoNobel, headquartered in the Netherlands (NL), reported total greenhouse gas emissions of approximately 13,940,243,000 kg CO2e. This includes 59,200,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 120,400,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Notably, the company also disclosed Scope 3 emissions, which totalled approximately 13,124,387,000 kg CO2e, encompassing emissions from the entire value chain, including purchased goods and services, processing of sold products, and end-of-life treatment of sold products. AkzoNobel has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by FY2030, using FY2020 as the baseline. This target aligns with the Science Based Targets initiative (SBTi) and is consistent with the reductions required to limit global warming to 1.5°C. Additionally, the company is committed to a similar 42% reduction in absolute Scope 3 emissions by 2030 from the same base year. These commitments reflect AkzoNobel's proactive approach to addressing climate change and reducing its carbon footprint across all scopes of emissions, reinforcing its position as a responsible leader in the chemicals sector.