Innospec
Innospec Inc., a leading global specialty chemicals company, is headquartered in the United States and operates across key regions including Europe and Asia. Founded in 1998, Innospec has established itself within the chemical industry, focusing on innovative solutions in personal care, fuel additives, and oilfield services. The company is renowned for its unique product offerings, which include high-performance surfactants and specialty additives that enhance product efficacy and sustainability. Innospec's commitment to quality and innovation has positioned it as a trusted partner in various markets, earning notable achievements such as industry awards for its environmentally friendly practices. With a strong emphasis on research and development, Innospec continues to drive advancements that meet the evolving needs of its diverse clientele.
DitchCarbon Score
How does Innospec'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.
Industry Average
Mean score of companies in the Chemicals 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.
Industry Benchmark
Innospec's score of 38 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Innospec's reported carbon emissions
Innospec, headquartered in the US, reported significant carbon emissions data for 2023, with total emissions amounting to approximately 2,063,030,000 kg CO2e. This includes Scope 1 emissions of about 25,969,000 kg CO2e, Scope 2 emissions of approximately 53,899,000 kg CO2e, and a substantial Scope 3 contribution of around 1,983,162,000 kg CO2e. The combined Scope 1 and 2 emissions totalled about 95,798,000 kg CO2e. In terms of climate commitments, Innospec has set ambitious reduction targets. The company aims for a 10% reduction in Scope 1 and Scope 2 emissions by the end of 2030, using 2020 as the baseline. Additionally, they have committed to achieving net zero emissions by 2050, aligning with the Paris Climate Agreement. Notably, Innospec has reported a 52% reduction in operational greenhouse gas emissions since their 2006 baseline year, demonstrating a strong commitment to sustainability. In summary, Innospec is actively working towards reducing its carbon footprint through specific targets and has made significant progress in emissions reduction, particularly in Scope 1 and 2 emissions.
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| 2017 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Innospec 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.
