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Chemicals
DK
updated 2 months ago

Novozymes Sustainability Profile

Company website

Novozymes A/S, a global leader in biotechnology, is headquartered in Denmark (DK) and operates extensively across Europe, North America, and Asia. Founded in 1925, the company has established itself as a pioneer in enzyme and microbial technology, serving diverse industries such as agriculture, bioenergy, food and beverages, and household care. With a commitment to sustainability, Novozymes offers innovative solutions that enhance efficiency and reduce environmental impact. Their core products, including enzymes and microorganisms, are designed to optimise processes in various applications, setting them apart in the market. Recognised for their significant contributions to sustainable practices, Novozymes continues to hold a strong market position, driving advancements in biotechnology and maintaining a focus on creating value for customers and society alike.

DitchCarbon Score

How does Novozymes'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.

80

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.

23

Industry Benchmark

Novozymes's score of 80 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Novozymes's reported carbon emissions

In 2024, Novozymes reported total carbon emissions of approximately 1,588,097,000 kg CO2e, with Scope 1 emissions at about 93,549,000 kg CO2e, Scope 2 emissions (market-based) at approximately 88,605,000 kg CO2e, and Scope 3 emissions reaching about 1,405,943,000 kg CO2e. This represents a significant increase from 2023, where total emissions were about 787,000,000 kg CO2e, including Scope 1 emissions of approximately 40,000,000 kg CO2e and Scope 2 emissions of about 103,000,000 kg CO2e. Novozymes has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 75% by 2030, using 2018 as the baseline year. Furthermore, they target a 90% reduction in these emissions by 2050. For Scope 3 emissions, the company aims for a 35% reduction by 2030 and a 90% reduction by 2050. Additionally, Novozymes is committed to achieving net-zero emissions across its operations and value chain by 2050. The company has also pledged to increase its annual sourcing of renewable electricity from 37% in 2018 to 100% by 2025. These targets align with the Science Based Targets initiative (SBTi) and reflect Novozymes's commitment to sustainable practices within the chemicals sector, headquartered in Denmark (DK).

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Access structured emissions data, company-specific emission factors, and source documents

201320142015201620172018201920202021202220232024
Scope 1
-
-
-
-
-
00,000,000
-
-
-
00,000,000
00,000,000
00,000,000
Scope 2
-
-
-
-
-
000,000,000
-
-
-
000,000,000
000,000,000
00,000,000
Scope 3
-
-
-
-
-
0,000,000,000
-
000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000

How Carbon Intensive is Novozymes's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Novozymes's primary industry is Chemicals, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Novozymes's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Novozymes is in DK, which has a very low grid carbon intensity relative to other regions.

Novozymes's Scope 3 Categories Breakdown

Novozymes's Scope 3 emissions, which increased by 118% last year and increased by approximately 8% since 2018, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 81% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
81%
Upstream Transportation & Distribution
10%
Fuel and Energy Related Activities
7%
Business Travel
1%
Waste Generated in Operations
<1%

Novozymes's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Novozymes has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Frequently Asked Questions

Common questions about Novozymes's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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