Univar Solutions

Specialty Chemicals

UNVR

$ 34 2.1

Share price

$ 5.6 bn

Market Cap

$ 7.9 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.43x the weighted average for S&P 500

FY2021

Primary Climate Goal

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

Weaker than the -6.6% weighted average for S&P 500

FY2022

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

FY2022

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 2021 at 124 Kt (-10 /-7.6% y-o-y). Also positively, carbon intensity decreased to 16 t (-0.9 /-5.3% y-o-y).

Univar Solutions's Scope 3 emissions took off to 10,120 Kt (+10,079/+24291% y-o-y). This is a higher growth rate than over the period since 4Q'19 (+546% 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 -3.2 Kt per annum over the period of FY2022 - 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 -353 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.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	124	95	29	10,120
2020Q4	134	102	32	41	8,265	16
2019Q4	159	125	34	38	9,287	17
2018Q4	182	141	41		8,633	21
2017Q4	180	135	44		8,254	22