Univar Solutions

Specialty Chemicals

UNVR

$ 29 3.4

Share price

$ 4.9 bn

Market Cap

$ 7.2 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.55x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -5.1% weighted average for S&P 500

FY2021

Univar Solutions aims to reduce Scope 1 + 2 by 40% by 2030 from a base year 2019

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

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.9% weighted average for S&P 500

FY2021

Univar Solutions aims to achieve net zero for all Scopes by 2050

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

GHG emissions and Carbon intensity

Univar Solutions reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 111 Kt (-28 /-19.9% y-o-y). Also positively, carbon intensity plummeted to 13,435,935 t (-1,493,051 /-10% y-o-y).

Univar Solutions's Scope 3 emissions was up at 41 Kt (+4/+11% y-o-y).

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 -2.8 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -5.1 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	111	41	0.008265	13,435,935
2019Q4	139	38	0.009287	14,928,986
2018Q4	148		0.008633	17,142,774
2017Q4	141		0.008254	17,067,861
2016Q4	129		0.008074	15,979,043
2015Q4	106