Akzo Nobel NV

Common Name
Akzo Nobel
Country
Netherlands
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
33,700
Ticker
AKZA
Exchange
EURONEXT
Description
Akzo Nobel N.V. is a Dutch multinational company known for its production and delivery of paints and performance coatings. With a strong foothold in the chemicals sector, Akzo Nobel focuses on creatin...

Akzo Nobel's Climate Target Data Preview

As of 2024, Akzo Nobel has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Akzo Nobel ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
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Verified Sources Behind Akzo Nobel’s Climate Targets Data

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a. Akzo Nobel's Annual Report 2024
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Insights into Akzo Nobel's Greenhouse Gas Emissions Pathways

As of 2024, Akzo Nobel has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Akzo Nobel have a target to reduce the emissions from its operations?

As of 2024, Akzo Nobel has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Akzo Nobel's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 288,919 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, Akzo Nobel is ahead of schedule on its operational emissions reduction target, having achieved 82.74% of the planned reduction. a

Akzo Nobel's Operational (Scope 1+2) Emissions Pathway

2018202420252030075 k150 k225 k300 kBaselineCurrent (-41%)Target 2025 (-25%)

Does Akzo Nobel have a target to reduce the emissions from its value chain?

As of 2024, Akzo Nobel has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Akzo Nobel's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 14,438,628 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, Akzo Nobel is lagging behind on its value chain emissions reduction target, having achieved 23.24% of the planned reduction. a

Akzo Nobel's Value Chain (Scope 3) Emissions Pathway

20182024203004 M8 M12 M16 MBaselineCurrent (-12%)Target 2030 (-50%)
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