Ashland Global Holdings Inc., commonly known as Ashland, is a leading global specialty chemicals company headquartered in the United States. Founded in 1924, Ashland has established a strong presence in key operational regions, including North America, Europe, and Asia. The company primarily operates within the specialty chemicals industry, focusing on innovative solutions in areas such as adhesives, coatings, and personal care. With a commitment to sustainability and performance, Ashland offers a diverse range of core products and services that stand out for their quality and effectiveness. Notable achievements include a robust market position, driven by a dedication to research and development, which has led to numerous industry recognitions. Ashland continues to shape the future of specialty chemicals, providing tailored solutions that meet the evolving needs of its customers worldwide.
How does Ashland Global'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 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.
Ashland Global's score of 53 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Ashland Global reported total emissions of approximately 516,900,000 kg CO2e, encompassing Scope 1 and Scope 2 emissions. For the previous year, 2023, the company disclosed emissions of about 512,200,000 kg CO2e, with a breakdown of 288,175,700 kg CO2e from Scope 1, 222,480,800 kg CO2e from Scope 2, and 727,738,200 kg CO2e from Scope 3 emissions. This indicates a slight increase in total emissions year-on-year. Ashland has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by FY2032, using FY2022 as the baseline. This target also extends to Scope 3 emissions, reflecting a comprehensive approach to emissions reduction. Additionally, the company has established a near-term goal to decrease emissions intensity by 10% from its 2020 baseline by 2025 for both Scope 1 and Scope 2 emissions. Historically, Ashland achieved a 12% reduction in GHG emissions intensity over a 2013 baseline by the end of 2020, demonstrating its commitment to sustainability. The company’s targets are aligned with the Science Based Targets initiative (SBTi), ensuring that their strategies contribute to limiting global warming to 1.5°C. Overall, Ashland Global's emissions data and climate commitments reflect a proactive stance in addressing climate change, with clear targets and a focus on significant reductions across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 299,104,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
Scope 2 | 671,019,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
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.
Ashland Global is participating in some 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.