Olin Corporation, commonly referred to as Olin, is a leading global manufacturer headquartered in the United States, with significant operations across North America and Europe. Founded in 1892, Olin has established itself in the chemical manufacturing industry, specialising in the production of chlor-alkali products, epoxy resins, and specialty chemicals. The company is renowned for its innovative approach to chemical solutions, offering unique products that cater to diverse sectors, including construction, automotive, and consumer goods. Olin's commitment to sustainability and operational excellence has positioned it as a key player in the market, with notable achievements in safety and environmental stewardship. With a rich history and a focus on quality, Olin continues to drive advancements in the chemical industry.
How does olin's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
olin's score of 36 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Olin Corporation reported total combined emissions of approximately 4,500,000,000 kg CO2e, comprising 1,400,000,000 kg CO2e from Scope 1 and 3,100,000,000 kg CO2e from Scope 2. This marks a continued commitment to reducing their carbon footprint, with a target to decrease combined Scope 1 and Scope 2 emissions by 35% by the end of 2030, using 2018 as the baseline year. Over the years, Olin's emissions have shown fluctuations, with 2022 emissions at about 5,300,000,000 kg CO2e, down from approximately 5,700,000,000 kg CO2e in 2021. The company has been actively working on its emissions intensity, achieving a carbon emissions intensity of about 469.0 kg CO2e per tonne sold in 2023. Olin's commitment to sustainability is evident in its structured reduction initiatives, focusing on significant reductions in its operational emissions. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Olin's climate commitments reflect a proactive approach to addressing climate change and enhancing environmental responsibility within its operations.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 2,201,152,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 4,500,901,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
olin is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.