Borregaard ASA

Common Name
Borregaard
Country
Norway
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
1,174
Ticker
BRG
Exchange
OSLO BORS
Description
Borregaard ASA is a leading biochemicals company based in Norway. Its primary function is to develop and supply sustainable bio-based chemicals and products, targeting a shift away from traditional pe...

Borregaard's GHG Emissions Data Preview

In 2023, Borregaard 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).

Borregaard has also provided a category-level breakdown for 12 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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Total Scope 2
Location-Based
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Total Scope 3
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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 Borregaard's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Borregaard amounted to 196,865 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 Borregaard decreased by 8.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Borregaard's Scope 1 Emissions Over Time

2020202120222023040 k80 k120 k160 ktCO2e+17%+3%-16%
  • Total Scope 1
  • Year-over-Year Change

What are Borregaard's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Borregaard were 132,772 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Borregaard reduced its Scope 1 emissions over time?

Since 2020, Borregaard's Scope 1 emissions have increased by 1.4%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Borregaard's Scope 1 emissions decreased by 15.84%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Borregaard's Scope 2 emissions?

In 2023, Borregaard reported Scope 2 greenhouse gas (GHG) emissions of 64,093 tCOâ‚‚e using the location-based method.

Has Borregaard reduced its Scope 2 emissions over time?

Since 2020, Borregaard's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Borregaard 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Borregaard's Scope 2 emissions (Location-Based) rose by 13.42% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Borregaard use for Scope 2 reporting?

In 2023, Borregaard reported its Scope 2 emissions using the location-based method.

Borregaard's Scope 2 Emissions Over Time

2020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based

Insights into Borregaard's Value Chain Emissions

In 2023, Borregaard reported 410,791 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 Borregaard includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Borregaard's Scope 3 Emissions Over Time

20202021202220230150 k300 k450 k600 ktCO2e-9%-3%+16%
  • Total Scope 3
  • Year-over-Year Change

What are Borregaard's Scope 3 emissions?

In 2023, Borregaard reported total Scope 3 emissions of 410,791 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 72.5% of these emissions originated from upstream activities such as purchased goods and capital goods, while 27.5% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Borregaard reduced its Scope 3 emissions over time?

Since 2020, Borregaard's Scope 3 emissions have remained relatively stable, indicating that Borregaard 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Borregaard's Scope 3 emissions increased by 15.94%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Borregaard disclose?

In 2023, Borregaard reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

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

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

  • Purchased Goods and Services (Cat. 1): 173,712 tCOâ‚‚e (42.29%)
  • Processing of Sold Products (Cat. 10): 105,264 tCOâ‚‚e (25.62%)
  • Upstream Transportation and Distribution (Cat. 4): 58,864 tCOâ‚‚e (14.33%)

Borregaard's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(25.6%)Purchased Goods andServices (Cat. 1)(42.3%)UpstreamTransportation andDistribution(Cat. 4)(14.3%)

Insights into Borregaard's Total Carbon Footprint

In 2023, Borregaard reported a total carbon footprint of 607,656 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.87% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Borregaard's total carbon footprint was Scope 3 emissions, accounting for 67.6% of the company's total carbon footprint, followed by Scope 1 emissions at 21.85%.