Working towards a more sustainable future

We are committed to making a positive impact on the world. Our purpose, Perfecting chemistry for a better world, guides how we advance the energy transition while building sustainable, long-term business growth. Together, we reduce emissions and address the environmental and social impacts across our operations and value chain.

Read our Annual report 2025

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Scope 1 & 2 GHG emission reductions

48 %

(base year 2020)

Energy transition revenue

20 %

(of total revenue)

Expected avoided GHG emissions (CO₂e)

27 mt

(enabled by Topsoe technologies)

Gender diversity in Board of Directors

50:50

(including employee representatives)

Employee engagement score

(scale of 0-100)

Turning sustainability ambition into action

Sustainability policy

Our sustainability work is directed by our Sustainability Progress Plan (see the illustration below). The plan sets a clear direction to deliver on our sustainability ambitions toward 2029 and beyond.

It is built around three focus areas that address environmental, social and governance priorities. This include net zero and circularity, safety and social responsibility and sustainable business conduct.

The plan includes nine commitments, supported by concrete, time-bound goals, activities and policies. A clear governance model ensures strong ownership and embeds sustainability across the organization.

Environmental sustainability

Our work on environmental sustainability is guided by three commitments.

Environmental policy

Transition to net zero

With our ambitious commitment to reach net zero by 2040, we have a clear direction for our decarbonization journey. By 2030, we aim to reduce Scope 1 and 2 GHG emissions from operations by 95%. Our long term goal is a 90% reduction in absolute Scope 3 emissions by 2040. This is supported by a short term goal that 74% of suppliers (by emissions) have GHG targets aligned with SBTi by 2027. To achieve net zero emissions across Scope 1, 2 and 3 by 2040, we combine emissions reductions with permanent carbon removal.

Advance circularity and cleaner production

Our goal is to advance circularity through a framework that guides how we improve circular inflows and reduce waste from our operations. We also work closely with value chain partners to increase the recycling of used catalysts. We drive cleaner production through continuous improvements and emission reductions.

Lead in sustainable solutions

We want to promote sustainable solutions and a key goal is to have third-party reviewed life cycle assessments (LCA) for catalyst representing 80% of our catalyst revenue by 2030. LCA is a key tool that helps us understand our product hotspots and improvement potentials. Further, it is used for estimating avoided emissions enabled by our energy transition technologies.

Avoided emissions

Our energy transition technologies enable lower emissions than conventional fossil-based technologies. We report on our customers' expected avoided emissions enabled by our technologies for projects in operation. We calculate avoided emissions at year end using a transparent accounting methodology.

The energy transition technologies in scope include e.g. HydroFlex®, SynCOR™, WSA and Nshield™. We continue to add solutions as our portfolio of energy transition technologies grows.

Expected-annual-avoided-emmissions-topsoe

Social sustainability

Our social sustainability commitments center on safety and social responsibility. They are essential to ensuring responsible and sustainable practices across our own operations and throughout our entire value chain.

Health and safety policy Diversity & inclusion policy Human rights policy Donations policy

Drive Zero Harm excellence

Creating a healthy and safe working environment is fundamental to Topsoe. We call this a Zero Harm culture. Our long-term goal is to reach a total recordable incident frequency rate (TRIFR) in the top quartile of the chemical manufacturing industry by 2029.

Zero Harm reflects our belief that health and wellbeing drive both people and performance. By preventing accidents and strengthening a strong safety culture at every level, we create safer workplaces.

Through proactive actions and continuous improvement, we strive for Health & Safety excellence. We work to ensure that everyone feels safe, valued and empowered to put their health and wellbeing first.

Promote DE&I and employee engagement

DE&I is about cultivating a culture where every individual feels valued, respected and empowered to contribute to our success. It also has the potential to improve employee engagement while helping to drive innovation and performance.

A key goal is to reach 30% gender balance in management roles by 2030. DE&I is a core part of our social sustainability work. It reflects our global mindset, where we embrace cultural diversity, strengthen collaboration across regions and advance gender balance at all levels of the organization.

We aim to reach an engagement score in the top 10% by 2029. To support this ambition, we have established a robust framework for employee engagement that ensures employee voices are heard and considered in shaping Topsoe’s direction and initiatives.

Support human rights and advance community impact

We are committed to a responsible value chain, with sustainability and ethical practices embedded across our operations and value chain. We believe a strong approach to human rights reduces social and environmental impacts and strengthens the quality and integrity of our products.

Our commitment to local communities is anchored in our Community Impact Program. We allocate 0.1% of annual revenue to support global and local initiatives.
Read more below about our community impact and some of our ongoing partnerships.

Community impact

Our commitment to community impact builds on our founder’s legacy and a shared belief: strong communities and skilled people benefit society and our business. We believe real progress happens when companies take responsibility for the communities they are part of. That’s why we support education, social development and environmental initiatives. Together, these efforts create opportunities, foster innovation and help address urgent global challenges.

Our community impact program

Each year, we dedicate 0.1% of the previous year’s revenue to social, environmental and humanitarian initiatives worldwide. Through partnerships and projects aligned with our values, we create lasting positive change for generations to come.

Some of our ongoing partnerships

LIFE Foundation

Co-developing inquiry-based science courses on real-world societal challenges to spark students’ interest in natural sciences and technology.

Conservation International

Supporting environmental conservation and restoration projects in and around three protected areas to combat deforestation, restore degraded mangrove forests, and secure sustainable livelihoods...

Smithsonian Science Education Center

Equipping educators in the Americas with tools to help students address sustainability issues and drive change in their communities.

Videnskabsklubben

Inspiring children in Denmark through fun, after-school science, where “mini-scientists” explore like real researchers and develop critical and creative thinking.

Science Girls (Science City Lyngby)

Encouraging girls aged 13-19 to explore science, helping to build a more inclusive and diverse STEM community.

IGF Denmark

Supporting equitable, high-quality education in the Sunderbans, India, by empowering teachers through skills development and ongoing support, while ensuring students have safe, well-equipped...

Governance

Our governance commitments are guided by three commitments.

Responsible Minerals Sourcing Policy Code of Conduct

Supplier Code of Conduct

Drive responsible supplier management

In the coming years, we will strengthen responsible supplier management by developing an integrated system and deepening engagement across our value chain.

Ensure ethical business conduct

Committed to ethical business conduct, we aim to ensure that all employees complete the annual Code of Conduct training.

Integrate sustainability in investments

To embed sustainability in our own activities, we are committed to integrate ESG into major investment decisions. We are among others working to integrate ESG into our R&D, engineering and operations processes with a diligent focus on value creation for the company.

Key sustainability goals tracker

ON TRACK
95% absolute reduction of GHG emissions from operations by 2030

CHALLENGING
74% of suppliers (measured by emissions) to have SBTi-aligned GHG targets by 2027

ON TRACK
Circular Economy framework implemented by 2029

ON TRACK
Third party reviewed LCAs of products representing 80% of total catalyst revenue by 2029

CHALLENGING
Zero harm excellence and reduce TRIFR corresponding to top quartile in the industry by 2029

CHALLENGING
Gender balance of 30% in management roles by 2030

ON TRACK
Employee engagement score in the top 10% of our industry by 2029

ON TRACK
Responsible supplier management system for supply chain sustainability by 2029

Achievements

Global 25 Most Sustainable Private Corporations

We’re ranked among the Global 25 Most Sustainable Private Corporations by Corporate Knights.

EcoVadis

For the third time in a row Topsoe has received a Gold Rating from EcoVadis.

CDP’s Supplier Engagement Assessment

Topsoe obtained an A in CDP’s Supplier Engagement Assessment, recognizing our strong work on quantification, target setting, and supplier collaboration in relation to scope 3.

S&P Global Energy Award

Topsoe received the prestigious S&P Global Energy Award for our adaptation towards clean energy

RSB Transition Leaders Award

Topsoe received an RSB Transition Leaders Award for our SAF technology's contribution to the sustainable bioeconomy transition.

PwC’s Honorary Award

The Topsoe family have been awarded PwC’s Honorary Award for their longstanding commitment to technology leadership and social responsibility.

Discover more

Find our sustainability related policies, certificates and disclosures here.

Policies

Code of Conduct Data Ethics Policy Global Diversity & Inclusion Policy Global Donations Policy Global Environmental Policy Global Health & Safety Policy Global Quality Policy Human Rights Policy Responsible Minerals Sourcing Policy Supplier Code of Conduct [EN] Supplier Code of Conduct [ZH] Sustainability policy Tax Policy

Certificates

ISO 9001:2015 certificate for quality management of catalyst production and engineering design ISO 14001:2015 certificate for environmental management of catalyst production in Frederikssund, Denmark ISO 45001:2018 certificate for Health & Safety management of catalyst production in Frederikssund, Denmark Responsible Care® 14001 certificate for environmental, Health & Safety, and security management of catalyst production in Bayport, Texas, US

Disclosures

UK Modern Slavery Act Statement 2025 UK Modern Slavery Act Statement 2022 UK Modern Slavery Act Statement 2021 UN Global Compact Topsoe is a member of the UN Global Compact (UNGC), committed to the 10 UNGC principles Statement on data ethics 2025 Statement in compliance with the Danish Financial Statement Act section 99d Annual report 2025 Topsoe's annual report aligned with the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS)

Learn more about Topsoe

Board Committees

Topsoe’s Board Committees support governance through expert oversight in audit, ESG, innovation, and remuneration to ensure strategic and sustainable success.

Senior Leadership Team

Topsoe’s Senior Leadership Team manages daily operations, drives strategic execution, and ensures transparent communication with the Board, shareholders, and stakeholders.

Solutions

Discover Topsoe's extensive range of innovative solutions based on decades of experience and dedication to science.

Financial reports

Topsoe’s financial reports detail our financial, environmental, and social value creation, risk management, governance, and performance for stakeholders and investors.

Topsoe Code of Conduct

Topsoe’s Code of Conduct defines the ethical standards we uphold internally and expect from partners, guiding responsible behavior across all business activities.

Corporate governance

We are committed to being compliant, transparent and responsible in everything we do. Our corporate governance refers to the way the Topsoe Group is led and controlled.

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