- Economic headwinds and industry pressures disrupting supply chains and inflating costs
- Data unavailability for some joint operations and recently acquired assets
- Reducing scope 3 emissions
INEOS AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, INEOS AG disclosed greenhouse gas emissions of 18.0 Mt CO₂-eq/year. By scope: Scope 1: 12.4 Mt CO₂-eq/year; Scope 2: 5.6 Mt CO₂-eq/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
18.0 Mt CO₂-eq/year
2023
Water Usage
994.4 Mm³/year (withdrawal), 913.8 Mm³/year (discharge)
2023
Waste
665 kt/year
2023
Energy Use
77.4 TWh/year
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). | 12.4 Mt CO₂-eq/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.6 Mt CO₂-eq/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 |
|---|---|
| 2023 | 18.0 Mt CO₂-eq/year |
| 2022 | 2.94M tCO2e (Scope 1+2) |
| 2021 | 23.8K kt CO2e/year |
| 2019 | 20.8 Mt CO2-eq/year (including CH4, N2O and HFCs) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced scope 1 and scope 2 emissions by 22% compared to 2019 (to 18.0 Mt CO₂-eq)
- Project Greensand successfully demonstrated cross-border offshore CO₂ storage
- INEOS Inovyn became Europe’s first green hydrogen ISCC PLUS fully certificated producer
- INEOS Inovyn invested in a 90,000-panel solar farm to cut CO₂ emissions by 14,000 tonnes per year in Belgium
- INEOS Olefins & Polymer Europe signed a renewable power agreement to use 100% green energy at its Norwegian plants
- INEOS Olefins & Polymers Europe unveiled a new Recycl-IN flexible packaging film made from more than 50% recycled plastic waste
- INEOS Phenol reduced its environmental impact by starting up Europe’s largest cumene facility with half the CO₂ emissions of other plants per tonne of product
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase the share of green power in net electricity consumption to 20% by 2030
- Increase the circularity of plastics operations by 2025 (specific targets outlined in report)
📅 Medium-term
- Reduce scope 1 and 2 emissions by 33% by 2030 (compared to 2019)
- Incorporate at least 850,000 tonnes of recycled and bio-sourced polymer into polymer products by 2030
🔭 Long-term
- Reach net-zero greenhouse gas emissions by 2050
🌱 ESG Focus Areas
Climate changeCircular economyWater stewardshipZero pollutionSafetyWorking conditions