Haldor Topsoe

Haldor Topsoe, headquartered in Denmark and operating in the Natural Gas Liquids industry, has set ambitious climate targets. As a subsidiary of Topsoe A/S, Haldor Topsoe's climate commitments and certain data points are cascaded from its parent company.

In 2023, Haldor Topsoe reported approximately 117.13 million kg CO2e in Scope 1 emissions, about 42.22 million kg CO2e in Scope 2 (market-based) emissions, and roughly 618.98 million kg CO2e in Scope 3 emissions. Their Scope 3 emissions in 2023 were primarily driven by purchased goods and services, accounting for about 535.06 million kg CO2e. Looking back, in 2022, their Scope 1 emissions were approximately 104.39 million kg CO2e, Scope 2 (market-based) emissions were about 9.09 million kg CO2e, and Scope 3 emissions were around 552.71 million kg CO2e. In 2021, only Scope 3 emissions were reported, totalling approximately 431.22 million kg CO2e. In 2020, Scope 1 emissions were about 124.44 million kg CO2e and Scope 2 (market-based) emissions were around 33.82 million kg CO2e. In 2019, Scope 1 emissions were approximately 120 million kg CO2e and Scope 2 (market-based) emissions were about 44 million kg CO2e.

Haldor Topsoe has committed to an overall net-zero target across its value chain by 2040, using a 2020 base year. This commitment is validated by the Science Based Targets initiative (SBTi). Their near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 95% by 2030 from a 2020 baseline. They also aim to increase their annual sourcing of renewable electricity from 0% in 2020 to 100% by 2030. Furthermore, Haldor Topsoe commits that 74% of its suppliers, by emissions covering purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution, will have science-based targets by 2027. For long-term targets, Haldor Topsoe commits to maintain a 95% absolute reduction of Scope 1 and 2 GHG emissions from 2030 through 2040, from a 2020 base year. They also aim to reduce absolute Scope 3 GHG emissions by 90% by 2040 from a 2020 base year.