The most relevant indicator is the so-called Carbon Footprint or CO2eq footprint, which reflects the volume of greenhouse gas emissions for a company, a process, or an individual product. This balance report exclusively covers the greenhouse gas emissions of Evonik‘s continuing operations.
The total CO2eq emissions of Evonik along the value chain amounted to 27.6 million metric tons of CO2eq in 2018. The highest share of emissions is from the procurement of chemical raw materials and packaging materials as well as from indirect goods, followed by emissions from disposal in Scope 3 and direct emissions in Scope 1.
CARBON DISCLOSURE PROJECT
As a not-for-profit organization, the Carbon Disclosure Project (CDP) is currently the world’s largest and most important finance sector initiative to address climate change. It is supported by more than 525 institutional investors managing total assets of US$ 96 billion. Using standardized questionnaires, the CDP annually collects data and information on the CO2 emissions, climate risks, and reduction targets and strategies of companies; these data are provided voluntarily. In 2018 Evonik received a “B” from the CDP, a slightly less good result than in the previous year when it scored an “A-” for CDP Climate Change. The lower rating can be ascribed to methodological and content-related changes in the assessment approach. By way of comparison, the average grade for chemical companies participating in the CDP Climate Change survey in 2018 was a “C”.