Public Profile

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.

24

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.

2

Industry Benchmark

Ashland Global's score of 24 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

Ashland Global's reported carbon emissions

In 2022, Ashland Global reported total greenhouse gas emissions of approximately 1,276,310,000 kg CO2e, comprising 331,192,000 kg CO2e from Scope 1, 243,753,000 kg CO2e from Scope 2, and 705,365,000 kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency in their carbon footprint across all scopes of emissions. Ashland has set ambitious climate targets, committing to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by FY2032, using FY2022 as the base year. This commitment also extends to Scope 3 emissions, aiming for the same percentage reduction within the same timeframe. The targets are aligned with the Science Based Targets initiative (SBTi) and include land-related emissions and removals from bioenergy feedstocks. The company's emissions data shows a trend of fluctuating emissions over the years, with Scope 1 emissions peaking at 467,377,000 kg CO2e in 2018 and Scope 2 emissions reaching 653,776,000 kg CO2e in the same year. The overall commitment to significant reductions underscores Ashland's proactive approach to addressing climate change and its impact on the chemical industry.

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201720182019202020212022
Scope 1
427,861,000
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
Scope 3
2,403,871,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ashland Global's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ashland Global is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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