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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.
31
DitchCarbon score
-1 vs industry average
Novamont’s score of 31 is lower than 47% 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
Very High
Chemicals is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Novamont's reported carbon emissions
Novamont, a chemicals company headquartered in Italy, reported its 2024 Scope 1 emissions at approximately 67,123,000 kg CO2e and its Scope 2 (market-based) emissions at about 887,000 kg CO2e. For 2023, its Scope 1 emissions were approximately 59,622,000 kg CO2e, and Scope 2 (market-based) emissions were about 415,000 kg CO2e. In 2022, Scope 1 emissions were around 70,943,000 kg CO2e, with Scope 2 (market-based) emissions at approximately 838,000 kg CO2e.
Novamont is committed to significant emissions reductions. The company aims to reduce its Scope 1 emissions by 30% from 2021 levels by 2030 and its Scope 2 emissions by 25% from 2021 levels by 2030. Additionally, Novamont aims for carbon neutrality for both Scope 1 and Scope 2 emissions by 2050, consistent with the European Union's goal of becoming climate-neutral by 2050. The company also previously aimed to reduce its direct (Scope 1) and indirect (Scope 2) emissions by 30% from 2017 levels by 2025.
Emissions performance data for Novamont is sourced directly from Novamont S.p.A. The company's engagement with the CA100+ initiative is cascaded from Eni S.p.A.
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Novamont’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
Inherited from Eni S.p.A.See details
Not active
RE 100
See details
Not active
Climate Action 100
Inherited from Eni S.p.A.See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Novamont13 days ago
31
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