Corbion

Corbion reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 155 Kt (-2 /-1.3% y-o-y). Also positively, carbon intensity declined to 122 t (-14 /-10.2% y-o-y).

Corbion's Scope 3 emissions was up at 970 Kt (+26/+2.8% y-o-y). The growth has slowed compared to the trend since 4Q'18 (CAGR +6.3%).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Corbion also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Corbion commits to reduce absolute scope 1 and 2 GHG emissions 38% by 2030 from a 2021 base year*. Corbion also commits also to reduce scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, waste generated in operations, and downstream transportation and distribution 24% per ton of sold product within the same timeframe. *The target boundary includes land-related emissions and removals from bioenergy feedstocks