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Ashland Global Holdings Inc., commonly referred to as Ashland, is a prominent player in the chemicals nec industry, with its headquarters based in the United States. The company has established a strong presence across North America, Europe, and Asia, serving diverse markets worldwide. Founded in 1924, Ashland has a long history of innovation and growth, evolving into a leading provider of speciality chemicals and materials.
Ashland’s core offerings include adhesives, sealants, and performance materials, recognised for their quality and specialised applications. The company's unique formulations and commitment to sustainability have helped it maintain a competitive market position. With a focus on delivering tailored solutions, Ashland continues to be a notable name in the chemicals nec sector, supporting industries ranging from pharmaceuticals to construction.
+9 vs industry average
Ashland Global’s score of 41 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
Ashland Global, a US-headquartered company in the Chemicals nec sector, reported total carbon emissions of approximately 1.12 billion kg CO2e in 2024. This figure includes Scope 1 emissions of around 273.7 million kg CO2e, Scope 2 emissions of approximately 201.8 million kg CO2e, and Scope 3 emissions of about 645 million kg CO2e.
Looking back, Ashland Global's Scope 1 and 2 emissions in 2023 were approximately 269.7 million kg CO2e and 215.9 million kg CO2e respectively, with Scope 3 emissions around 681.6 million kg CO2e. In 2022, Scope 1 emissions stood at approximately 304.5 million kg CO2e, Scope 2 at around 236 million kg CO2e, and Scope 3 at about 807.1 million kg CO2e.
Ashland Global has set Science Based Targets initiative (SBTi) approved goals to significantly reduce its emissions. The company commits to an absolute reduction of Scope 1 and 2 GHG emissions by 50.4% by FY2032 from a FY2022 base year. Additionally, Ashland Global aims to reduce absolute Scope 3 GHG emissions by 50.4% within the same timeframe. These targets are consistent with reductions required to keep global warming to 1.5°C.
Previously, Ashland Global set intensity-based reduction goals. For instance, the company aimed to decrease Scope 1 and Scope 2 emissions intensity by 10% by 2025, using a 2020 calendar year baseline. They also achieved a 12% reduction in GHG emissions intensity over a 2013 baseline by 2020, and met a 2020 goal of a 10% reduction in GHG emissions intensity by the end of 2019, also from a 2013 baseline.
2032
50.4% reduction in scope 3 total
Ashland commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by FY2032 from a FY2022 base year.* Ashland also commits to reduce abso…
2032
50.4% reduction in Scope 2
Ashland commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by FY2032 from a FY2022 base year.* Ashland also commits to reduce abso…
2032
50.4% reduction in Scope 1
Ashland commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by FY2032 from a FY2022 base year.* Ashland also commits to reduce abso…
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Common questions about Ashland Global’s sustainability data and climate commitments
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