Symrise

Specialty Chemicals
SY1.DE
€ 101 2.3
Share price
$ 14 bn
Market Cap
$ 16 bn
Enterprise Value

Carbon footprint

18 Ton
GHG emissions per $ 1 mln investment
0.46x the weighted average for S&P 500
FY2021
How is this calculated?
-4.3%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

Symrise aims to reduce Scope 1 + 2 by 18% by 2030 from a base year 2016


This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Symrise's GHG emissions (market-based) (Kt of CO2e)
Symrise's Carbon intensity (Tons per 1 USDm)

Symrise's carbon footprint

Symrise reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 288 Kt (-13 /-4.3% y-o-y). Also positively, carbon intensity decreased sharply to 63 t (-9.5 /-13% y-o-y).

Symrise's Scope 3 emissions declined to 1,677 Kt (-71 /-4% y-o-y). The rate of decline has slowed compared to the trend since 4Q'19 (CAGR -20.8%).

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

Symrise also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Symrise commits to reduce absolute scopes 1 and 2 GHG emissions 80% by 2028 from a 2020 base year*. Symrise commits to reduce absolute scope 3 GHG emissions from purchased goods and services 30% by 2030 from a 2020 base year. Symrise commits to continue annually sourcing 100% renewable electricity through 2030. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks

Company environmental metrics

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