Scope 1 + 2 GHG emissions
On track with our scope 1 + 2 target
We are well on track to deliver our increased ambition of 50% absolute reduction by 2030. Our scope 1 + 2 market-based GHG emissions improved by 27% (compared to 25% in 2020) versus our corrected 2016 baseline. This was due to a significant year-on-year GHG reduction at our existing sites, which compensated for the expected GHG increase from inorganic growth. Total scope 1 + 2 emissions were 1.21 million tons of CO2eq in 2021, a decrease of nearly 40 kt CO2eq compared to 2020. Our GHG efficiency (year-on-year) improved by 15% in 2021.
Scope 1 + 2 reductions versus corrected baseline
Correcting our baseline in 2021
Our baseline GHG emissions figure of 2016 was increased to 1.66 million tons of CO2eq, due to the inclusion of 14 acquired sites in our reporting scope in the period 2017–2021, the divestment of Resins and Functional Materials and associated businesses (pro-rata), and the impact of methodology changes. Four newly built sites were also added to the reporting scope; however, as they were constructed after 2016, they have no impact on the baseline correction.
2016 GHG Baseline correction
In thousand tons CO2eq
Our GHG reduction program
In order to achieve the targeted absolute GHG reduction by 2030, we continued our dedicated program to help our key locations implement appropriate energy transition, including energy efficiency measures. We use performance diagnostics as well as self-assessments that are carried out at key sites to identify GHG emission reduction opportunities. The learnings from these sites are shared across all sites to enable further roll-out of improvement projects.
As a result of our progress in these areas, the overall structural improvement in our scope 1 +2 GHG emissions increased from ~18% to ~23% from 2020 to 2021.
