Novozymes

Novozymes, a Chemicals nec company based in Denmark, reported total carbon emissions of approximately 1.35 billion kg CO2e in 2025. This includes 106.9 million kg CO2e from Scope 1 emissions, 52.4 million kg CO2e from Scope 2 market-based emissions, and approximately 1.19 billion kg CO2e from Scope 3 emissions. Notably, Scope 3 emissions were largely driven by purchased goods and services (1.00 billion kg CO2e) and upstream transportation and distribution (113.9 million kg CO2e).

Looking back, Novozymes's total emissions were approximately 1.38 billion kg CO2e in 2024, approximately 787 million kg CO2e in 2023, and approximately 895 million kg CO2e in 2022.

Novozymes is committed to ambitious climate action with several Science Based Targets initiative (SBTi) validated targets. The company aims to achieve net-zero greenhouse gas (GHG) emissions across its value chain by 2050, from a 2018 base year.

Near-term targets include:

• Reducing absolute Scope 1 and 2 GHG emissions by 75% by 2030 from a 2018 base year.
• Increasing annual sourcing of renewable electricity from 37% in 2018 to 100% by 2025 and maintaining 100% sourcing through 2030.
• Reducing absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, and business travel by 35% by 2030 from a 2018 base year.

Long-term targets include:

• Reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2018 base year.
• Reducing absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, and business travel by 90% by 2050 from a 2018 base year.

These targets are cascaded from Novonesis A/S (SBTi source).