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Akzo Nobel NV

Common Name
Akzo Nobel
Country
Netherlands
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
33,200
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 2024, 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
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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a
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Akzo Nobel’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Akzo Nobel’s data sources below and access millions more through our Disclosure Search.

a. Akzo Nobel's Annual Report 2024
a. Akzo Nobel's Annual Report 2024
b. Akzo Nobel's Annual Report 2023
b. Akzo Nobel's Annual Report 2023
c. Akzo Nobel's Annual Report 2022
c. Akzo Nobel's Annual Report 2022

Insights into Akzo Nobel's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofAkzo Nobel amounted to260,572metric 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Akzo Nobelincreased by 2.36%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Akzo Nobel's Scope 1 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e-2%+13%-7%-1%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Akzo Nobel's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Akzo Nobel were 57,645 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Akzo Nobel reduced its Scope 1 emissions over time?

Since 2019, Akzo Nobel's Scope 1 emissions have decreased by 1.12%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Akzo Nobel's Scope 1 emissions decreased by 2.65%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Akzo Nobel's Scope 2 emissions?

In 2024, Akzo Nobel reported Scope 2 greenhouse gas (GHG) emissions of 111,738 tCOâ‚‚e using the market-based method and 202,927 tCOâ‚‚e using the location-based method.a

Has Akzo Nobel reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Akzo Nobel's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Akzo Nobel's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Akzo Nobel use for Scope 2 reporting?

In 2024, Akzo Nobel reported its Scope 2 emissions using the market-based method and using the location-based method.a

Akzo Nobel's Scope 2 Emissions Over Time

201920202021202220232024055 k110 k165 k220 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Akzo Nobel's Value Chain Emissions

In 2024, Akzo Nobel reported 13,240,007 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Akzo Nobel includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Akzo Nobel's Scope 3 Emissions Over Time

20192020202120222023202404 M8 M12 M16 MtCO2e-4%+13%-7%+3%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Akzo Nobel's Scope 3 emissions?

In 2024, Akzo Nobel reported total Scope 3 emissions of 13,240,007 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 76.17%of these emissions originated from upstream activities such as purchased goods and capital goods, while 23.83%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Akzo Nobel reduced its Scope 3 emissions over time?

Since 2019, Akzo Nobel's Scope 3 emissionshave remained relatively stable, indicating that Akzo Nobel's emissions have plateaued with no significant change in its value chain footprint.ab

Compared to the previous year (2023), 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.a

What categories of Scope 3 emissions does Akzo Nobel disclose?

In 2024, Akzo Nobel reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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 2024, the largest contributors to Akzo Nobel's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 5,988,301 tCOâ‚‚e(71.8%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 1,873,042 tCOâ‚‚e(22.46%)
  • Other/Unspecified Sources: 478,570 tCOâ‚‚e(5.74%)

Akzo Nobel's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(71.8%)Other/UnspecifiedSources(5.7%)End-of-LifeTreatment of SoldProducts (Cat. 12)(22.5%)

Insights into Akzo Nobel’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Akzo Nobel reported Scope 1 greenhouse gas (GHG) emissions of 57,645 tCOâ‚‚e and total revenues of USD 11,146 millions. This translates into an emissions intensity of 5.17 tCOâ‚‚e per millions USD.a

Akzo Nobel's Scope 1 Emissions Intensity Compared to Peers

20010,000200,00010,000,000200,000,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)HGWacker ChemieYear: 2024Scope 1: 1,212,000 tCO2eRevenue: $M 5,954Scope 1 Intensity: 203.55 tCO2e/$MMitsui ChemicalsYear: 2024Scope 1: 3,531,000 tCO2eRevenue: $M 11,554Scope 1 Intensity: 305.61 tCO2e/$MCroda InternationalYear: 2024Scope 1: 95,931 tCO2eRevenue: $M 2,043Scope 1 Intensity: 46.95 tCO2e/$MElement SolutionsYear: 2024Scope 1: 11,115 tCO2eRevenue: $M 2,457Scope 1 Intensity: 4.52 tCO2e/$MBerger Paints IndiaYear: 2025Scope 1: 22,232 tCO2eRevenue: $M 1,341Scope 1 Intensity: 16.58 tCO2e/$MBrenntagYear: 2024Scope 1: 185,546 tCO2eRevenue: $M 16,897Scope 1 Intensity: 10.98 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MAlpekYear: 2024Scope 1: 812,775 tCO2eRevenue: $M 6,629Scope 1 Intensity: 122.61 tCO2e/$MRPM InternationalYear: 2025Scope 1: 70,565 tCO2eRevenue: $M 7,373Scope 1 Intensity: 9.57 tCO2e/$MSasolYear: 2025Scope 1: 49,415,880 tCO2eRevenue: $M 14,074Scope 1 Intensity: 3,511.12 tCO2e/$MEastman ChemicalYear: 2024Scope 1: 6,579,760 tCO2eRevenue: $M 9,382Scope 1 Intensity: 701.32 tCO2e/$MFormosa PlasticsYear: 2024Scope 1: 3,454,675 tCO2eRevenue: $M 6,106Scope 1 Intensity: 565.76 tCO2e/$MDupont De NemoursYear: 2024Scope 1: 496,000 tCO2eRevenue: $M 12,386Scope 1 Intensity: 40.05 tCO2e/$MPPG IndustriesYear: 2024Scope 1: 260,000 tCO2eRevenue: $M 15,845Scope 1 Intensity: 16.41 tCO2e/$MIMCDYear: 2024Scope 1: 6,329 tCO2eRevenue: $M 4,920Scope 1 Intensity: 1.29 tCO2e/$MDSM-FirmenichYear: 2024Scope 1: 594,400 tCO2eRevenue: $M 13,319Scope 1 Intensity: 44.63 tCO2e/$MOCIYear: 2023Scope 1: 12,669,281 tCO2eRevenue: $M 947Scope 1 Intensity: 13,382.57 tCO2e/$MHHHolland ColoursYear: 2025Scope 1: 1,168 tCO2eRevenue: $M 122Scope 1 Intensity: 9.61 tCO2e/$MGGGuangdong Hongda Holdings GroupYear: 2024Scope 1: 22,272 tCO2eRevenue: $M 1,871Scope 1 Intensity: 11.91 tCO2e/$MIFFYear: 2024Scope 1: 740,032 tCO2eRevenue: $M 11,484Scope 1 Intensity: 64.44 tCO2e/$MPidilite IndustriesYear: 2025Scope 1: 8,690 tCO2eRevenue: $M 1,532Scope 1 Intensity: 5.67 tCO2e/$MCorbionYear: 2024Scope 1: 58,069 tCO2eRevenue: $M 1,340Scope 1 Intensity: 43.32 tCO2e/$MSolar Industries IndiaYear: 2024Scope 1: 49,286 tCO2eRevenue: $M 709Scope 1 Intensity: 69.56 tCO2e/$MAir LiquideYear: 2024Scope 1: 14,868,470 tCO2eRevenue: $M 28,157Scope 1 Intensity: 528.06 tCO2e/$MAkzo NobelYear: 2024Scope 1: 57,645 tCO2eRevenue: $M 11,146Scope 1 Intensity: 5.17 tCO2e/$M

How does Akzo Nobel's GHG emissions intensity compare to its peers?

In 2024, Akzo Nobel reported a Scope 1 emissions intensity of 5.17 tCOâ‚‚e per millions USD. Compared to the peer group median of 45.79, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Akzo Nobel rank on GHG emissions intensity within its industry?

In 2024, Akzo Nobel ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Akzo Nobel among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Akzo Nobel's Total Carbon Footprint

In 2024, Akzo Nobel reported a total carbon footprint of 13,500,579 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.67% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Akzo Nobel's total carbon footprint was Scope 3 emissions, accounting for 98.07% of the company's total carbon footprint, followed by Scope 2 emissions at 1.5%.a

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