As of 2025, Umicore has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Umicore's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -20%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Material Purchased | -42%a | 2030 |
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As of 2025, Umicore has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2025, Umicore has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Umicore's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 791,816 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2025, Umicore is ahead of schedule on its operational emissions reduction target, having achieved 62.76% of the planned reduction.a
As of 2025, Umicore has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Umicore's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 7.1 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Material Purchased in 2019.a
As of 2025, Umicore is ahead of schedule on its value chain emissions reduction target, having achieved 77.12% of the planned reduction.a