Novamont S.p.A., a leading player in the chemicals nec industry, is headquartered in Italy and operates extensively across Europe and beyond. Founded in 1989, the company has established itself as a pioneer in the development of bioplastics and biodegradable materials, focusing on sustainable solutions that address environmental challenges.
With a diverse portfolio that includes Mater-Bi, a family of biodegradable and compostable bioplastics, Novamont stands out for its commitment to innovation and sustainability. The company’s unique approach integrates chemistry and agriculture, creating products that not only meet market demands but also contribute to a circular economy.
Recognised for its significant contributions to the bioplastics sector, Novamont has achieved numerous accolades, solidifying its position as a market leader dedicated to fostering a greener future.
+4 vs industry average
Novamont’s score of 33 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 6% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Novamont's reported carbon emissions
Novamont, an Italian chemicals company, reported emissions for Scope 1 and Scope 2 for the years 2017 through 2024, with Scope 3 data not yet disclosed.
For 2024, Novamont's reported emissions were approximately 67.12 million kg CO2e for Scope 1, and approximately 887,000 kg CO2e for Scope 2 (market-based).
In 2023, Scope 1 emissions totalled approximately 59.62 million kg CO2e, and Scope 2 emissions (market-based) were approximately 415,000 kg CO2e.
The company has set ambitious climate commitments. Novamont aims for complete decarbonisation of its business by 2050, with a goal to achieve net-zero emissions across Scope 1, 2, and 3 by that year. More immediate targets include reducing Scope 1 emissions by 30% from 2021 levels by 2030 and Scope 2 emissions by 25% from 2021 levels by 2030. There are also stated aims to reduce Scope 1 and Scope 2 direct emissions by 30% from 2017 levels by 2025. Additionally, Novamont aims to bring direct energy production emissions as close to zero as possible by 2025.
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Novamont’s Climate Goals (2030 & 2050)
9 goals2030
25% reduction in Scope 2
We aim to reduce our Scope 2 emissions by 25% from 2021 levels by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from Eni S.p.A.
RE 100
Climate Action 100
Inherited from Eni S.p.A.Emissions comparison with industry peers
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Novamont
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