Haldor Topsoe

Haldor Topsoe, headquartered in Denmark and operating in the Natural Gas Liquids industry, is actively addressing its carbon emissions and has set ambitious climate commitments.

In 2023, Haldor Topsoe reported total emissions of approximately 778.3 million kg CO2e. This included Scope 1 emissions of 117.1 million kg CO2e, Scope 2 market-based emissions of 42.2 million kg CO2e, and Scope 3 emissions of 619.0 million kg CO2e. Looking ahead, the company forecasts its Scope 1 and 2 market-based emissions to be approximately 57.0 million kg CO2e in 2025, a reduction from approximately 81.0 million kg CO2e in 2024.

Haldor Topsoe's climate strategy is robust, with Science Based Targets initiative (SBTi) validated commitments, cascaded from Topsoe A/S. The company aims to achieve net-zero across its value chain by 2040, with a 2020 base year. This includes near-term and long-term targets:

Near-Term Targets:

• A 95% absolute reduction in Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, compared to a 2020 base year.
• An increase in annual sourcing of renewable electricity from 0% in 2020 to 100% by 2030.
• Ensuring that 74% of its suppliers, by emissions covering purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution, have science-based targets by 2027.

Long-Term Targets:

• Maintaining a 95% absolute reduction of Scope 1 and 2 GHG emissions from 2030 through 2040, from a 2020 base year.
• A 90% absolute reduction in Scope 3 GHG emissions by 2040, from a 2020 base year.

The company's total greenhouse gas emissions in 2020, across Scope 1, 2, and 3, were approximately 585.4 million kg CO2e. This baseline is critical for their reduction targets. Haldor Topsoe's emissions data shows its commitment to transparency and its progress towards its ambitious net-zero goal.