Novozymes

Specialty Chemicals
NZYM-B.CO
DKK 439 3.6
Share price
$ 17 bn
Market Cap
$ 18 bn
Enterprise Value

Carbon footprint

14 Ton
GHG emissions per $ 1 mln investment
0.49x the weighted average for S&P 500
FY2021
How is this calculated?
+8.1%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

Novozymes aims to reduce all Scopes by 50% by 2030 from a base year 2018


1.5°C

GHG emissions and Carbon intensity

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

Novozymes's carbon footprint

Novozymes reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 253 Kt (+19/+8.1% y-o-y). At the sime time, carbon intensity declined marginally to 106 t (-0.2 /-0.2% y-o-y).

Novozymes's Scope 3 emissions increased to 35 Kt (+1/+2.9% y-o-y).

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -8.7 Kt per annum over the period of FY2022 - FY2050. 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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