Azelis Group NV

Common Name
Azelis Group
Country
Belgium
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
4,300
Ticker
AZE
Exchange
EURONEXT
Description
Azelis Group NV is a prominent distributor of specialty chemicals and food ingredients. This company plays a crucial role in connecting chemical producers with a broad range of industries, including h...

Azelis Group's GHG Emissions Data Preview

In 2024, Azelis Group 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).

Azelis Group has also provided a category-level breakdown for 10 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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0000000
Total Scope 2
Market-Based
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a
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a
0000000
Location-Based
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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b
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Azelis Group’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 Azelis Group’s data sources below and access millions more through our Disclosure Search.

a. Azelis Group's Integrated Report 2024
a. Azelis Group's Integrated Report 2024
b. Azelis Group's Integrated Report 2023
b. Azelis Group's Integrated Report 2023

Insights into Azelis Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Azelis Group amounted to 13,784 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Azelis Group increased by 9.07%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Azelis Group's Scope 1 Emissions Over Time

2020202120222023202402.5 k5 k7.5 k10 ktCO2e0%+26%+4%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Azelis Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Azelis Group were 9,620 metric tons of CO₂ equivalent (tCO₂e). a

Has Azelis Group reduced its Scope 1 emissions over time?

Since 2020, Azelis Group's Scope 1 emissions have increased by 43.99%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Azelis Group's Scope 1 emissions increased by 9.83%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Azelis Group's Scope 2 emissions?

In 2024, Azelis Group reported Scope 2 greenhouse gas (GHG) emissions of 3,501 tCO₂e using the market-based method and 4,164 tCO₂e using the location-based method. a

Has Azelis Group reduced its Scope 2 emissions over time?

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

What methodology does Azelis Group use for Scope 2 reporting?

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

Azelis Group's Scope 2 Emissions Over Time

2020202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Azelis Group's Value Chain Emissions

In 2024, Azelis Group reported 5,405,164 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Azelis Group includes a breakdown across 10 of 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

Azelis Group's Scope 3 Emissions Over Time

2020202120222023202402 M4 M6 M8 MtCO2e+33%+75%-43%+34%
  • Total Scope 3
  • Year-over-Year Change

What are Azelis Group's Scope 3 emissions?

In 2024, Azelis Group reported total Scope 3 emissions of 5,405,164 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 96.32% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.68% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Azelis Group reduced its Scope 3 emissions over time?

Since 2020, Azelis Group's Scope 3 emissions have increased by 78.14%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Azelis Group's Scope 3 emissions increased by 33.67%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Azelis Group disclose?

In 2024, Azelis Group reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Azelis Group's Scope 3 emissions?

In 2024, the largest contributors to Azelis Group's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 5,066,291 tCO₂e (93.73%)
  • Processing of Sold Products (Cat. 10): 164,716 tCO₂e (3.05%)
  • Upstream Transportation and Distribution (Cat. 4): 57,094 tCO₂e (1.06%)

Azelis Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(93.7%)UpstreamTransportation andDistribution(Cat. 4)(1.1%)Processing of SoldProducts (Cat. 10)(3.0%)

Insights into Azelis Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Azelis Group reported Scope 1 greenhouse gas (GHG) emissions of 9,620 tCO₂e and total revenues of USD 4,410 millions. This translates into an emissions intensity of 2.18 tCO₂e per millions USD. a

Azelis Group's Scope 1 Emissions Intensity Compared to Peers

1,00020,000200,0005,000,00050,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)BKUBEYear: 2023Scope 1: 3,360,000 tCO2eRevenue: $M 3,714Scope 1 Intensity: 904.63 tCO2e/$MKoppers HoldingsYear: 2024Scope 1: 341,773 tCO2eRevenue: $M 2,092Scope 1 Intensity: 163.36 tCO2e/$MSri Trang Agro IndustryYear: 2024Scope 1: 20,088 tCO2eRevenue: $M 3,331Scope 1 Intensity: 6.03 tCO2e/$MCroda InternationalYear: 2024Scope 1: 95,931 tCO2eRevenue: $M 2,043Scope 1 Intensity: 46.95 tCO2e/$MBBBluestar AdisseoYear: 2024Scope 1: 429,000 tCO2eRevenue: $M 2,129Scope 1 Intensity: 201.55 tCO2e/$MElement SolutionsYear: 2024Scope 1: 11,115 tCO2eRevenue: $M 2,457Scope 1 Intensity: 4.52 tCO2e/$MKansai PaintYear: 2023Scope 1: 75,009 tCO2eRevenue: $M 3,822Scope 1 Intensity: 19.63 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MVerbioYear: 2024Scope 1: 294,723 tCO2eRevenue: $M 1,776Scope 1 Intensity: 165.99 tCO2e/$MLintecYear: 2023Scope 1: 91,490 tCO2eRevenue: $M 2,137Scope 1 Intensity: 42.82 tCO2e/$MMeiHua Holdings GroupYear: 2023Scope 1: 9,383,709 tCO2eRevenue: $M 3,906Scope 1 Intensity: 2,402.33 tCO2e/$MKanekaYear: 2022Scope 1: 624,100 tCO2eRevenue: $M 5,667Scope 1 Intensity: 110.12 tCO2e/$MClariantYear: 2024Scope 1: 270,000 tCO2eRevenue: $M 4,585Scope 1 Intensity: 58.89 tCO2e/$MBASF IndiaYear: 2025Scope 1: 17,751 tCO2eRevenue: $M 1,784Scope 1 Intensity: 9.95 tCO2e/$MSanyou ChemicalYear: 2023Scope 1: 4,041,748 tCO2eRevenue: $M 3,084Scope 1 Intensity: 1,310.43 tCO2e/$MMitsubishi Gas ChemicalYear: 2023Scope 1: 715,000 tCO2eRevenue: $M 5,865Scope 1 Intensity: 121.91 tCO2e/$MMinerals TechnologiesYear: 2023Scope 1: 351,590 tCO2eRevenue: $M 2,170Scope 1 Intensity: 162.03 tCO2e/$MPCBL ChemicalYear: 2023Scope 1: 709,970 tCO2eRevenue: $M 701Scope 1 Intensity: 1,013.40 tCO2e/$MLuxi Chemical GroupYear: 2023Scope 1: 9,793,400 tCO2eRevenue: $M 3,568Scope 1 Intensity: 2,744.79 tCO2e/$MTransfar ZhilianYear: 2023Scope 1: 9,171 tCO2eRevenue: $M 4,733Scope 1 Intensity: 1.94 tCO2e/$MKKKingfa Sci&TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MWestlakeYear: 2022Scope 1: 6,382,917 tCO2eRevenue: $M 15,794Scope 1 Intensity: 404.14 tCO2e/$MArkemaYear: 2024Scope 1: 1,358,000 tCO2eRevenue: $M 9,932Scope 1 Intensity: 136.73 tCO2e/$MHexpolYear: 2024Scope 1: 18,918 tCO2eRevenue: $M 1,855Scope 1 Intensity: 10.20 tCO2e/$MIFFYear: 2023Scope 1: 694,072 tCO2eRevenue: $M 11,479Scope 1 Intensity: 60.46 tCO2e/$MAzelis GroupYear: 2024Scope 1: 9,620 tCO2eRevenue: $M 4,410Scope 1 Intensity: 2.18 tCO2e/$M

How does Azelis Group's GHG emissions intensity compare to its peers?

In 2024, Azelis Group reported a Scope 1 emissions intensity of 2.18 tCO₂e per millions USD. Compared to the peer group median of 110.12 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Azelis Group rank on GHG emissions intensity within its industry?

In 2024, Azelis Group ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Azelis Group's Total Carbon Footprint

In 2024, Azelis Group reported a total carbon footprint of 5,418,948 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 33.59% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Azelis Group's total carbon footprint was Scope 3 emissions, accounting for 99.75% of the company's total carbon footprint, followed by Scope 1 emissions at 0.18%. a

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