Committed to greenhouse gas reductions
Borregaard has committed to major greenhouse gas reductions in the years to come.
The Science Based Targets Initiative has approved Borregaard’s targets of reducing scope 1 and 2 greenhouse gas emissions. We have committed to a 42% absolute reduction by 2030 and to reach net-zero greenhouse gas emission across the value chain by 2050 (90% absolute reduction), from a 2020 base year.
The approved targets for scope 3 emissions are reductions of 25% by 2030 and by 90% by 2050 from a 2020 base year.
The targets are in line with the ambitions in the Paris Agreement and The Science Based Target Initiative has classified our targets as a contribution to limit the global temperature increase to 1.5°C.
The illustration shows Borregaard’s progress towards our science-based target. Scope 1 and Scope 2 emissions had a slight decrease from 2021 to 2022. The progress has temporary slowed down due to use of more fossil-fuel for energy caused by the energy crisis in Europe.
The illustration shows the distribution of our scope 1, 2 and 3 GHG emissions along the value chain, updated with actual results for 2022.