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 24 is higher than 92% 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 2022, Ashland Global reported total greenhouse gas emissions of approximately 1,280,310,000 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 marked a continued commitment to transparency in their emissions reporting. 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 baseline year. This commitment also extends to Scope 3 emissions, aiming for the same percentage reduction within the same timeframe. The target includes land-related emissions and removals from bioenergy feedstocks, aligning with industry standards for climate action. Over the years, Ashland's emissions have shown fluctuations, with Scope 1 emissions decreasing from 427,861,000 kg CO2e in 2017 to 331,192,000 kg CO2e in 2022. Similarly, Scope 2 emissions have decreased from 639,096,000 kg CO2e in 2017 to 243,753,000 kg CO2e in 2022, indicating a positive trend towards reducing their carbon footprint. Overall, Ashland Global's commitment to significant emissions reductions reflects its dedication to sustainability and responsible environmental stewardship within the chemicals sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| 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
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.
