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European Climate Pact

Overview

Location

Netherlands

Sector

Chemicals

Organisation type
Business

Company Information

Royal DSM is a global company in Health, Nutrition & Bioscience with its headquarter in Heerlen, Netherlands.d In 2021 the company employed 21,358 people and reported 9.2 billion Euro sales from continuing operations*.

*Source

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Koninklijke DSM has a target to reduce absolute scopes 1 and 2 CO2e emissions 50% by 2030 from a base year of 2016. This is a year-on-year reduction rate of 3.6% over the next 9 years

Pledge: Have a short-medium term GHG emissions reduction target (scope 1+2) with a 2.1% year-on-year reduction at a minimum

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Energy

North Star

  • Koninklijke DSM has a company-wide target to consume 100% of electricity from renewable sources by 2030 from a baseline of 0.0% renewable electricity consumption in 2015

Pledge: Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria 

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Water

Our actions – the Pathway

  • Koninklijke DSM have a target to reduce water withdrawals per unit of production by 2030 from a base year of 2020 starting in 2020

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Water 2022

How we want to achieve this – our roadmap

  • Engage our suppliers to report on their water use, risks and/or management information
  • Publicly disclose data on water-related impact to investors through a public platform
  • Have board-level oversight of water issues
  • Integrate water-related issues into the company's financial planning
  • Integrate water-related issues into the company's long-term business objectives
  • Integrate water-related issues into the company's strategy to achieve long-term business objectives
  • Regularly monitor and measure key water security metrics at least for 75% of the company's facilities

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Water 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022