DSM is closely managing their absolute Greenhouse Gas (GHG) emissions reduction; GHG efficiency; and energy efficiency.
In 2018, the company targeted a 30% absolute reduction of the direct GHG emissions (Scope 1) and emissions from purchased energy (Scope 2), by 2030, and to reduce indirect value chain emissions (Scope 3) by 28% per ton of product produced in the same period. These targets have been validated by the Science Based Targets initiative (SBTi) as being aligned with the Paris climate agreement. DSM has also set a long-term target to reach net-zero emissions before 2050.
In addition, the company has set an intermediate target of 75% of purchased electricity to be from renewable sources 2030.
The company is also applying an integrated strategy of climate adaptation measures.
DSM reports on their climate actions through CDP (formerly the Carbon Disclosure Project), and have committed to report this information in mainstream reports as part of the company’s fiduciary duty implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).