Evonik Industries

Specialty Chemicals
EVK.DE
€ 25 (1.7)%
Share price
$ 12 bn
Market Cap
$ 16 bn
Enterprise Value

Carbon footprint

415 Ton
GHG emissions per $ 1 mln investment
15x the weighted average for S&P 500
FY2021
How is this calculated?
-0.8%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-1.1%
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?

Evonik Industries aims to reduce Scope 1 + 2 by 50% by 2025 from a base year 2008


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

GHG emissions and Carbon intensity

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

Evonik Industries's carbon footprint

Evonik Industries reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 6,455 Kt (-49 /-0.8% y-o-y). Also positively, carbon intensity fell to 364 t (-92 /-20.1% y-o-y).

Evonik Industries's Scope 3 emissions was up at 28,400 Kt (+1,900/+7.2% y-o-y). This is broadly in line with the growth trend (CAGR +6.8% since 4Q'19).

The company is committed to reducing Scope 1 + 2 by 50% by 2025 from a base year 2008, which translates into the estimated reduction of -71 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

Show more...