Topsoe makes it to list of most sustainable companies

Topsoe, a leading global provider of advanced technology and solutions for the energy transition, has made it to Corporate Knights’ inaugural list of Global 25 Most Sustainable Private Corporations in the World.

The list ranks privately held companies with revenue above $1 billion and disclosed greenhouse gas emissions. Topsoe came in as number 18 in the inaugural edition of the list.

Corporate Knights based its assessments on companies’ 2023 achievements within categories such as the share of revenue from and investments in technologies and solutions for the energy transition as well as several other categories.

Amy Chiang, chief sustainability and external affairs officer at Topsoe, said:‘We are very proud to be listed on Corporate Knights top 25 ranking. This is a recognition of our work to scale technology and solutions for the production of clean fuels – and our determination to reach our ambitious net zero targets across our own operations and value chain.’

Topsoe has grown its revenue from businesses related to technologies and solutions that enable the production of low carbon, renewable fuels, and e-fuels from 6% in 2020 to 23% in 2024. Additionally, a major share of its yearly investments goes into research and development and in 2024 alone, the company’s spending here totalled DKK745 million of which the vast majority is earmarked for energy transitional technologies.

The company has also set ambitious targets for its own sustainability commitments with 2040 net zero targets across Scope 1, 2 and 3 approved by the Science Based Targets initiative (SBTi) in 2023. Topsoe’s sustainability initiatives have been recognised by independent agencies and international media. It recently earned a gold rating by EcoVadis for its ESG performance. In 2024, Topsoe CEO Roeland Baan made it to Forbes’ prestigious list of 50 ‘Sustainability Leaders’ announced in September 2024.