Evonik Carbon Footprint
Since 2008 we are publishing the „Evonik Carbon Footprint (ECF)“. The ECF is an extensive overview of greenhouse gas emissions, from the extraction of raw materials through production to disposal of the products (currently without use phase).
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 reduction in greenhouse gas emissions shown by the Evonik Carbon Footprint from 25.7 to 24.7 million metric tons CO2eq between 2014 and 2015 is principally due to the routine updating of emissions factors. This takes place every two years and resulted in a reduction in emissions this time. As a consequence, emissions from purchased raw materials decreased despite a slight rise in volumes. Moreover, the updated emissions factors resulted in a reduction in emissions from waste disposal and the disposal of purchased products.
The rise of greenhouse gas emissions in 2016 by 1.2 million metric tons CO2eq compared to the previous year is attributable largely to the higher quantities of products sold and to the associated increase in purchases of raw materials.
Carbon Disclosure Project
As a not-for-profit organization, the Carbon Disclosure Project is currently the world’s largest and most important finance sector initiative to address climate change. It is supported by over 820 institutional investors managing total assets exceeding US$ 100 trillion. Once a year the CDP collects, through standardized questionnaires, voluntarily proffered data and information on the CO2 emissions, climate risks, and reduction targets and risks of companies. In 2016 Evonik received an “A-“ from CDP on an eight-level scale of A to D-, confirming the excellent result for the previous year.
By way of comparison, the average grade for chemical companies participating in the CDP survey in 2016 was “C”. Evonik was also awarded “Index Leader” status, given only to the top 15 percent in each category of the companies evaluated. An overall “A-“ grade is given only to companies implementing Best Practice principles. Moreover, Evonik was highly rated in all the four main areas of the CDP: good corporate management and strategy; risk and opportunities management; emissions management; and paper documentation.
Development of greenhouse gas emissions along the supply chain of Evonik Industries (not including use phase)
CO2eq emissions in