Hempel Reaffirms Climate Ambition with Updated Scope 3 Target

Hempel A/S strengthens its commitment to sustainable growth with the approval of its updated Scope 3 emissions target by the Science Based Targets initiative (SBTi). The new target underscores Hempel’s dedication to responsible business practices while ensuring its sustainability goals remain aligned with its evolving business.

The updated target shifts from a 50% absolute reduction to a 55% reduction in the intensity of Scope 3 emissions per euro value added (GEVA – Greenhouse Gas Emissions per Value Added). By measuring emissions across the value chain against the financial value created, Hempel’s approach provides a more accurate reflection of its growing business, while staying firmly aligned with the 1.5°C pathway.

“Our ambition is as strong as ever,” says Emilie Barriau, Executive Vice President and Chief Technology Officer at Hempel. “We remain firmly committed to reducing emissions in line with climate science, and this updated target ensures our goals stay both relevant and reflective of our evolving business.”

Scope 3 emissions are those generated indirectly across a company’s value chain, such as from raw materials, packaging and transport. According to SBTi, companies must revalidate their targets at least every five years or when significant changes occur.

“Since setting our original target in 2021, we’ve reshaped our business and sustainability landscape through acquisitions and divestments, alongside updated emissions data and an expanded value base,” Emilie Barriau explains. “These shifts made recalibrating our Scope 3 baseline both necessary and timely.”

Shifting to a financial intensity target ensures that profitability and sustainability are closely aligned. It emphasises Hempel’s commitment to innovate and deliver solutions with higher sustainable value for its customers while lowering the joint environmental footprint.

To further advance our commitment to sustainability, Emilie Barriau will join the Partnerships for the Future Summit on 22 September 2025, as part of New York Climate Week. You can read more about it here.