Arkema

Specialty Chemicals / Commodity Chemicals
AKE.PA
€ 113 (4.2)%
Share price
$ 8.7 bn
Market Cap
$ 11 bn
Enterprise Value

Carbon footprint

277 Ton
GHG emissions per $ 1 mln investment
9.9x the weighted average for S&P 500
FY2021
How is this calculated?
-14%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-1.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

Arkema aims to reduce Scope 1 + 2 by 38% by 2030 from a base year 2015


This target has not been verified as science based according to SBTi
Arkema's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Arkema's GHG emissions (market-based) (Kt of CO2e)
Arkema's Carbon intensity (Tons per 1 USDm)

Arkema's carbon footprint

Arkema reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 3,117 Kt (-511 /-14.1% y-o-y). Also positively, carbon intensity tumbled to 276 t (-117 /-29.8% y-o-y).

Arkema's Scope 3 emissions grew to 12,240 Kt (+1,050/+9.4% y-o-y). The growth rate declined vs. the previous periods (CAGR +80% since 4Q'15).

The company is committed to reducing Scope 1 + 2 by 38% by 2030 from a base year 2015, which translates into the estimated reduction of -50 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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