Corbion

Specialty Chemicals
CRBN.AS
€ 37 1.3
Share price
$ 2.4 bn
Market Cap
$ 2.9 bn
Enterprise Value

Carbon footprint

53 Ton
GHG emissions per $ 1 mln investment
1.4x the weighted average for S&P 500
FY2021
How is this calculated?
-1.3%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

Corbion aims to reduce all Scopes by 20% by 2025 from a base year 2016


This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

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

Corbion's carbon footprint

Corbion reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 155 Kt (-2 /-1.3% y-o-y). Also positively, carbon intensity declined to 122 t (-14 /-10.2% y-o-y).

Corbion's Scope 3 emissions was up at 970 Kt (+26/+2.8% y-o-y). The growth has slowed compared to the trend since 4Q'18 (CAGR +6.3%).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Corbion also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Corbion commits to reduce absolute scope 1 and 2 GHG emissions 38% by 2030 from a 2021 base year*. Corbion also commits also to reduce scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, waste generated in operations, and downstream transportation and distribution 24% per ton of sold product within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks

Company environmental metrics

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