Evonik

Evonik's reported carbon emissions

Evonik, a chemicals company headquartered in DE, reported total global emissions of approximately 26.5 billion kg CO2e for the year 2024. This figure comprises approximately 3.39 billion kg CO2e from Scope 1 emissions and approximately 1.52 billion kg CO2e from Scope 2 market-based emissions. Scope 3 emissions accounted for the largest portion, totalling approximately 21.6 billion kg CO2e, with purchased goods and services representing the most significant category. For 2025, Evonik's total global emissions are projected to be approximately 23.9 billion kg CO2e. This includes Scope 1 emissions of approximately 2.99 billion kg CO2e and Scope 2 market-based emissions of approximately 1.36 billion kg CO2e. Scope 3 emissions are estimated at approximately 19.5 billion kg CO2e. Evonik has established several climate commitments. The company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2025, using 2008 as a baseline year. By 2030, Evonik commits to reducing absolute Scope 1 and 2 emissions by 25% compared to the 2021 baseline. Furthermore, the company has a long-term target to be carbon neutral by 2050. Evonik is also working towards reducing absolute Scope 3 GHG emissions from its upstream value chain by 15% by 2025, relative to a 2020 baseline. The company's targets are recognised by the Science Based Targets initiative (SBTi) and are considered consistent with keeping warming to "Well-below 2°C".