In 2024, Savencia 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).
Savencia has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 335,624a | 358,580a | N/A | |
Total Scope 2 | ||||
Market-Based | 94,290a | 121,526a | N/A | |
Location-Based | 129,064a | 134,854a | N/A | |
Total Scope 3 | 8,809,601a | 8,980,487a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 45.1738a | 47.7083a | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of Savencia amounted to 464,688 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 Savencia decreased by 5.83%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Savencia were 335,624 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Savencia's Scope 1 emissions have decreased by 14.11%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Savencia's Scope 1 emissions decreased by 6.4%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Savencia reported Scope 2 greenhouse gas (GHG) emissions of 94,290 tCO₂e using the market-based method and 129,064 tCO₂e using the location-based method.a
Since 2019, Savencia's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 18.56%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Savencia's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Savencia's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Savencia reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Savencia reported 8,809,601 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 Savencia includes a breakdown across 6 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
In 2024, Savencia reported total Scope 3 emissions of 8,809,601 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 97.83% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.17% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Savencia's Scope 3 emissionshave remained relatively stable, indicating that Savencia's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Savencia's Scope 3 emissions remained relatively stable, indicating that Savencia's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Savencia reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Savencia's Scope 3 emissions were:a
In 2024, Savencia reported Scope 1 greenhouse gas (GHG) emissions of 335,624 tCO₂e and total revenues of USD 7,430 millions. This translates into an emissions intensity of 45.17 tCO₂e per millions USD.a
In 2024, Savencia reported a Scope 1 emissions intensity of 45.17 tCO₂e per millions USD. Compared to the peer group median of 31.75, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Savencia ranked 17 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Savencia is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Savencia reported a total carbon footprint of 9,274,289 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.11% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Savencia's total carbon footprint was Scope 3 emissions, accounting for 94.99% of the company's total carbon footprint, followed by Scope 1 emissions at 3.62%.a