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.
+2 vs industry average
Novamont’s score of 31 is higher than 58% 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
In 2024, Novamont reported total carbon emissions of approximately 67,123,000 kg CO2e, comprising 67,123,000 kg CO2e from Scope 1 and 14,765,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 30% from 2021 levels by 2030 and Scope 2 emissions by 25% from 2021 levels by the same year. Additionally, Novamont is committed to achieving carbon neutrality across all scopes by 2050, aligning with the European Union's climate neutrality goals. The emissions data is cascaded from Novamont S.p.A., reflecting the company's ongoing efforts to manage and mitigate its greenhouse gas emissions. The company has also established a near-term target to reduce Scope 2 emissions by 30% from 2020 levels by 2030. Overall, Novamont is focused on a comprehensive strategy to decarbonise its operations, with a clear pathway towards achieving net-zero emissions by 2050.
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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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