Ashland Global
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.
DitchCarbon Score
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.
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
Ashland Global's score of 58 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ashland Global's reported carbon emissions
In 2023, Ashland Global reported total greenhouse gas emissions of approximately 288,175,700 kg CO2e for Scope 1, 222,480,800 kg CO2e for Scope 2, and 727,738,200 kg CO2e for Scope 3 emissions. This reflects a commitment to reducing absolute Scope 1 and 2 emissions by 50.4% by FY2032, using FY2022 as the baseline year. The same reduction target applies to Scope 3 emissions, which encompass a wide range of activities including purchased goods and services, employee commuting, and waste generated in operations. Over the years, Ashland has demonstrated a trend of decreasing emissions. For instance, in 2022, the company reported approximately 332,184,700 kg CO2e for Scope 1, 242,643,600 kg CO2e for Scope 2, and 848,199,100 kg CO2e for Scope 3. This indicates a proactive approach towards emissions management within the chemicals sector. Ashland's targets are aligned with the Science Based Targets initiative (SBTi), ensuring that their reduction goals are consistent with the global aim of limiting temperature rise to 1.5°C. The company has not yet committed to a net-zero target but remains focused on significant near-term reductions across all scopes of emissions.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 427,861,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 2 | 639,096,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 3 | 2,403,871,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Ashland Global is committed to some reduction initiatives 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.
