Novozymes
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.
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
Novozymes's score of 60 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Novozymes's reported carbon emissions
In 2023, Novozymes reported total carbon emissions of approximately 787,000,000 kg CO2e, with Scope 1 emissions at about 40,000,000 kg CO2e, Scope 2 emissions at approximately 103,000,000 kg CO2e, and Scope 3 emissions reaching around 644,000,000 kg CO2e. This represents a decrease from 2022, where total emissions were about 895,000,000 kg CO2e, with Scope 1 at 46,000,000 kg CO2e, Scope 2 at 115,000,000 kg CO2e, and Scope 3 at 734,000,000 kg CO2e. Novozymes has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 75% by 2030 and by 90% by 2050, both from a 2018 baseline. Additionally, the company is committed to achieving net-zero emissions across its operations and value chain by 2050. For Scope 3 emissions, Novozymes targets a reduction of 35% by 2030 and 90% by 2050, also from a 2018 baseline. The company plans to increase its annual sourcing of renewable electricity from 37% in 2018 to 100% by 2025, further enhancing its sustainability efforts. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Novozymes's commitment to addressing climate change effectively.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000,000 | - | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | - | 000,000,000 | - | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Novozymes is participating in some 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.
