Akzo Nobel NV

Common Name
Akzo Nobel
Country
Netherlands
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
34,100
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 GHG Emissions Data Preview

In 2023, Akzo Nobel completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Akzo Nobel has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Unspecified Calculation Method
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Akzo Nobel's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Akzo Nobel amounted to 254,500 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Akzo Nobel increased by 22.59%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Akzo Nobel's Scope 1 Emissions Over Time

201820192020202120222023020 k40 k60 k80 ktCO2e-7%-2%+13%-7%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Akzo Nobel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Akzo Nobel were 59,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Akzo Nobel reduced its Scope 1 emissions over time?

Since 2018, Akzo Nobel's Scope 1 emissions have decreased by 5.88%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Akzo Nobel's Scope 1 emissions decreased by 1.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Akzo Nobel's Scope 2 emissions?

In 2023, Akzo Nobel reported Scope 2 greenhouse gas (GHG) emissions of 120,400 tCOâ‚‚e using the market-based method, and 195,300 tCOâ‚‚e using the location-based method.

What methodology does Akzo Nobel use for Scope 2 reporting?

In 2023, Akzo Nobel reported its Scope 2 emissions using the market-based method and using the location-based method.

Akzo Nobel's Scope 2 Emissions Over Time

201820192020202120222023060 k120 k180 k240 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Akzo Nobel's Value Chain Emissions

In 2023, Akzo Nobel reported 13,100,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Akzo Nobel includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Akzo Nobel's Scope 3 Emissions Over Time

20182019202020212022202304 M8 M12 M16 MtCO2e-8%-4%+13%-7%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Akzo Nobel's Scope 3 emissions?

In 2023, Akzo Nobel reported total Scope 3 emissions of 13,100,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 46.56% of these emissions originated from upstream activities such as purchased goods and capital goods, while 53.44% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Akzo Nobel reduced its Scope 3 emissions over time?

Since 2018, Akzo Nobel's Scope 3 emissions have remained relatively stable, indicating that Akzo Nobel 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Akzo Nobel's Scope 3 emissions remained relatively stable, indicating that Akzo Nobel 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Akzo Nobel disclose?

In 2023, Akzo Nobel reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Akzo Nobel's Scope 3 emissions?

In 2023, the largest contributors to Akzo Nobel's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 6,100,000 tCOâ‚‚e (46.56%)
  • Processing of Sold Products (Cat. 10): 5,200,000 tCOâ‚‚e (39.69%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 1,800,000 tCOâ‚‚e (13.74%)

Akzo Nobel's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(13.7%)Purchased Goods andServices (Cat. 1)(46.6%)Processing of SoldProducts (Cat. 10)(39.7%)

Insights into Akzo Nobel's Total Carbon Footprint

In 2023, Akzo Nobel reported a total carbon footprint of 13,354,500 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.86% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Akzo Nobel's total carbon footprint was Scope 3 emissions, accounting for 98.09% of the company's total carbon footprint, followed by Scope 2 emissions at 1.46%.