Novozymes A/S

Common Name
Novozymes
Country
Denmark
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
10,582
Ticker
NSIS B
Exchange
NASDAQ COPENHAGEN A/S
Description
Novozymes A/S produces and sells produces various industrial enzymes, functional proteins, and microorganisms in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin Am...

Novozymes's GHG Emissions Data Preview

In 2024, Novozymes 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).

Novozymes has also provided a category-level breakdown for 5 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
Market-Based
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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 Novozymes's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Novozymes amounted to 445,361 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 2023, the total operational greenhouse gas (GHG) emissions of Novozymes increased by 34.55%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Novozymes's Scope 1 Emissions Over Time

2018201920202021202220232024025 k50 k75 k100 ktCO2e-55%-7%+16%+7%-13%+134%
  • Total Scope 1
  • Year-over-Year Change

What are Novozymes's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Novozymes were 93,549 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Novozymes reduced its Scope 1 emissions over time?

Since 2018, Novozymes's Scope 1 emissions have increased by 5.19%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Novozymes's Scope 1 emissions increased by 133.87%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Novozymes's Scope 2 emissions?

In 2024, Novozymes reported Scope 2 greenhouse gas (GHG) emissions of 88,605 tCOâ‚‚e using the market-based method, and 351,812 tCOâ‚‚e using the location-based method.

Has Novozymes reduced its Scope 2 emissions over time?

Since 2018, Novozymes's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 20.18%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Novozymes's Scope 2 emissions (Location-Based) rose by 20.9% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Novozymes use for Scope 2 reporting?

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

Novozymes's Scope 2 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Novozymes's Value Chain Emissions

In 2024, Novozymes reported 1,405,943 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 2024 disclosure of Novozymes includes a breakdown across 5 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.

Novozymes's Scope 3 Emissions Over Time

20182019202020212022202320240400 k800 k1.2 M1.6 MtCO2e-50%-4%+9%+7%-12%+118%
  • Total Scope 3
  • Year-over-Year Change

What are Novozymes's Scope 3 emissions?

In 2024, Novozymes reported total Scope 3 emissions of 1,405,943 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Novozymes reduced its Scope 3 emissions over time?

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

Compared to the previous year (2023), Novozymes's Scope 3 emissions increased by 118.31%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Novozymes disclose?

In 2024, Novozymes reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2024, the largest contributors to Novozymes's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,139,146 tCOâ‚‚e (81.02%)
  • Upstream Transportation and Distribution (Cat. 4): 143,299 tCOâ‚‚e (10.19%)
  • Fuel- and Energy-Related Services (Cat. 3): 92,135 tCOâ‚‚e (6.55%)

Novozymes's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(81.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(6.6%)UpstreamTransportation andDistribution(Cat. 4)(10.2%)

Insights into Novozymes's Total Carbon Footprint

In 2024, Novozymes reported a total carbon footprint of 1,851,304 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 89.88% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Novozymes's total carbon footprint was Scope 3 emissions, accounting for 75.94% of the company's total carbon footprint, followed by Scope 2 emissions at 19%.