- Volatility of agriculture-related business
- Data protection and cyber threats
- Global political and economic uncertainty
- Supply chain challenges and dynamic input prices
- Integration of Novozymes and Chr. Hansen
- Water scarcity due to climate change
- Emerging technologies
Novozymes A/S
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Novozymes A/S disclosed greenhouse gas emissions of 143.0K tonnes CO2-eqv.. By scope: Scope 1: 40.0K tonnes CO2-eqv.; Scope 2: 103.0K tonnes CO2-eqv.; Scope 3: 644.0K tonnes CO2-eqv.. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
143.0K tonnes CO2-eqv.
2023
Renewable Energy
84%
of total energy
Water Usage
7.8M m3
2023
Waste
544.0K tonnes
2023
Energy Use
4.4M GJ
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 40.0K tonnes CO2-eqv. |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 103.0K tonnes CO2-eqv. |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 644.0K tonnes CO2-eqv. |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced absolute scopes 1+2 GHG emissions by 11% to 143,000 tonnes from 161,000 tonnes in 2022
- Sourced 84% of electricity from renewable sources
- Total recycling and composting rate above 99%
- Recycling rate for non-biomass waste increased to 74% from 63% in 2022
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute GHG emissions from operations by 65% from a 2018 baseline by 2025
- Purchase 100% renewable electricity by 2025
- Improve freshwater withdrawal by recycling 10% more water from a 2021 baseline by 2025
- Two key circular projects in pilots with demonstrated benefits by 2025
📅 Medium-term
- Reduce absolute scopes 1 and 2 GHG emissions 75% by 2030 from a 2018 base year
- Reduce absolute scope 3 GHG emissions by 35% by 2030 from a 2018 base year
- Improve freshwater withdrawal by recycling 15% more water from a 2021 baseline by 2030
- Restore 10 billion liters of water in basins close to production sites where WASH is a challenge by 2030
🔭 Long-term
- Net-zero emissions across scopes 1, 2 and 3 by 2050
- Reduce absolute scopes 1 and 2 GHG emissions by 90% by 2050 from a 2018 base year
- Reduce absolute scope 3 GHG emissions by 90% by 2050 from a 2018 base year
- Improve freshwater withdrawal by recycling 20% more water from a 2021 baseline by 2035
- Restore 30 billion liters of water in basins close to production sites where WASH is a challenge by 2030
🌱 ESG Focus Areas
Climate changeWater stewardshipCircular economyDiversity & InclusionEmployee safety & well-being