Novamont
Novamont S.p.A., headquartered in Italy, is a pioneering leader in the bioplastics and biochemicals industry. Founded in 1989, the company has established itself as a key player in the development of innovative, sustainable materials that contribute to a circular economy. With a strong operational presence across Europe and beyond, Novamont focuses on producing biodegradable and compostable products, primarily derived from renewable resources. The company’s flagship offerings include Mater-Bi, a family of bioplastics that stand out for their versatility and environmental benefits. Novamont's commitment to sustainability has garnered recognition, positioning it as a frontrunner in the green materials sector. With numerous awards and certifications, Novamont continues to drive advancements in eco-friendly solutions, making significant strides towards reducing plastic pollution and promoting sustainable practices globally.
DitchCarbon Score
How does Novamont's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Novamont's score of 43 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Novamont's reported carbon emissions
In 2023, Novamont reported total carbon emissions of approximately 25,141,000 kg CO2e, with emissions distributed across all three scopes: Scope 1 emissions were about 59,622,000 kg CO2e, Scope 2 emissions were approximately 13,638,000 kg CO2e, and Scope 3 emissions totalled around 70,943,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, as all scopes are disclosed. Novamont has set ambitious reduction targets aimed at achieving significant decreases in their carbon footprint. Specifically, the company aims to reduce Scope 1 emissions by 30% from 2021 levels by 2030 and Scope 2 emissions by 25% from 2021 levels by the same year. Additionally, they are committed to becoming carbon neutral by 2050, which encompasses all scopes of emissions. The company’s climate commitments are aligned with broader industry goals, including the European Union's target of achieving climate neutrality by 2050. Novamont's management of greenhouse gas emissions is focused on complete decarbonisation across all three categories of emissions from industrial activities. This emissions data and the associated reduction initiatives are cascaded from Novamont S.p.A., reflecting the company's commitment to sustainability and climate action within its operational framework.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 925,000 | 000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Novamont is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
