Symrise

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