Climate Action

BioMar is at the forefront of emissions reduction within our industry, and we pledged our commitment to the Science Based Targets initiative (SBTi) aligning our operational targets with the 1.5°C pathway to mitigate climate change.
This commitment was marked by our adoption of near-term targets for 2030, a crucial step for setting the stage for future sustainability achievements. We will reevaluate how to credibly set a long-term net-zero target based on experience from the near-term masterplan.
As these targets are aligned with the 1.5°C pathway, this underscores our leadership and commitment to this global challenge.

Milestones in 2023

  • BioMar total feed GHG footprint: 1.91 tonnes CO2/tonne feed (-11.9% from baseline 2020) 

  • Scope 1 & 2 SBTi status: -15.3% from baseline 2020 (Market-based approach) 

  • Scope 3 SBTi status: -12.5% from baseline 2021 

  • Achieved scope 1 and 2 emissions reductions through low carbon technological solutions and fuel optimisation 

  • Achieved scope 3 reductions through strategic sourcing and supplier improvement programmes 

Download our Climate Action Milestones 2023

Targets for 2030

  • Reduce BioMar total feed greenhouse gas (GHG) footprint by 1/3 by 2030 

  • Meet our science-based targets through the Science Based Targets initiative (SBTi) aligned with reductions required to keep global warming to less than 1.5°C 

  • We commit to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2020 base year 

  • We commit to reduce absolute scope 3 GHG emissions from purchased goods and services and upstream and distribution 30% by 2030 from a 2021 base year 

  • Ambition to become Net-Zero within our own operations by 2045, baseline 2020 

Climate Action Key Milestones 2023

  • GHG footprint -11.9%

  • Scope 1 & 2 -15.3%

  • Scope 3 -12.5%

Read the full story and read more about BioMar's sustainability initiatives in our 2023 Sustainability Report.

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Other Relevant Insights

Results (2)

    BioMar Australia announces new vessel

    BioMar Australia is excited to announce a $15 million-dollar, nation-leading project to construct the first green methanol ready vessel in Australia.

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    BioMar Australia announces new vessel

    BioMar Australia is excited to announce a $15 million-dollar, nation-leading project to construct the first green methanol ready vessel in Australia.

    Read more