Clariant

Clariant reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 830 Kt (-30 /-3.5% y-o-y). At the same time, carbon intensity grew to 198 t (+5.1/+2.6% y-o-y).

Clariant's Scope 3 emissions tumbled to 4,200 Kt (-580 /-12.1% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-9.6% CAGR).

The company is committed to reducing Scope 1 + 2 by 40% by 2030 from a base year 2019, which translates into the estimated reduction of -31 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.