Westlake
Westlake Corporation, headquartered in the United States, is a leading player in the global chemical and building materials industry. Founded in 1986, the company has established a strong presence across North America, Europe, and Asia, focusing on the production of a diverse range of products, including polyvinyl chloride (PVC), polyethylene, and various specialty chemicals. Renowned for its commitment to innovation and sustainability, Westlake offers unique solutions that cater to the needs of multiple sectors, such as construction, packaging, and automotive. The company has achieved significant milestones, including strategic acquisitions that have bolstered its market position and expanded its operational capabilities. With a reputation for quality and reliability, Westlake continues to be a prominent force in the industry, driving advancements and setting standards for excellence.
DitchCarbon Score
How does Westlake'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 Salt and Mineral Mining 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
Westlake's score of 29 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Westlake's reported carbon emissions
In 2023, Westlake's total carbon emissions amounted to approximately 10,315,521,000 kg CO2e, comprising 7,485,445,000 kg CO2e from Scope 1 emissions and 2,830,076,000 kg CO2e from Scope 2 emissions. This represents a slight increase from 2022, where total emissions were about 10,061,941,000 kg CO2e, with Scope 1 at 7,035,962,000 kg CO2e and Scope 2 at 3,025,979,000 kg CO2e. Westlake has set ambitious long-term climate commitments, aiming for operational net zero carbon emissions by 2050. This target applies to both Scope 1 and Scope 2 emissions, with ongoing research into economically feasible technologies to achieve this goal. The company is actively working towards reducing its carbon footprint while maintaining its operational efficiency. The GHG intensity ratio for 2023 was reported at 510.0 kg CO2e per million USD in revenue, indicating a focus on improving emissions efficiency relative to financial performance. Westlake's commitment to sustainability reflects its recognition of the importance of addressing climate change within the chemical industry.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,350,728,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,227,309,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - |
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.
Westlake 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.
