- COVID-19 pandemic impacted sales in Bioenergy and Grain & Tech Processing.
- Volatility in agriculture-related business.
- Competition in the enzyme market.
- Global political and economic instability.
- Cybersecurity threats.
Novozymes A/S
Greenhouse gas emissions & sustainability report data
In its 2020 reporting, Novozymes A/S disclosed greenhouse gas emissions of 268.0K tCO2e/year. By scope: Scope 1: 37.0K tCO2e/year; Scope 2: 197.0K tCO2e/year; Scope 3: 34.0K tCO2e/year. 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
268.0K tCO2e/year
2020
Renewable Energy
43%
of total energy
Water Usage
8.0M m3/year
2020
Waste
15.0K tons/year
2020
Energy Use
4.5M GJ/year
2020
📊 Emissions by Scope (2020)
| 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). | 37.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 197.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 34.0K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2020 | 268.0K tCO2e/year |
| 2019 | 365.0K tons CO2-eqv. |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced absolute CO2 emissions from operations by 46% compared to 2018 baseline (achieving 2022 target early).
- Sourced 69% of electricity globally from renewable sources.
- 97% of biomass volume handled in a circular setup.
- Saved 49 million tons of CO2 by enabling low-carbon fuels in the transport sector.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute CO2 emissions from operations by 40% by 2022 (relative to 2018).
📅 Medium-term
- Achieve 5+% sales growth per year.
- Achieve an EBIT margin of 28% or higher by 2022.
- Achieve ROIC including goodwill of 23% or higher by 2022.
- Reduce absolute CO2 emissions from operations by 50% by 2030 (relative to 2018).
- 100% renewable electricity by 2030.
🔭 Long-term
- Net zero emissions by 2050.
- 100% of key materials and waste managed in circular systems by 2030.
🌱 ESG Focus Areas
ClimateWaterProduction & ConsumptionEmployees