Ashland Global Sustainability Profile
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 48 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ashland Global's reported carbon emissions
In 2024, Ashland Global reported total greenhouse gas 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 288,175,700 kg CO2e for Scope 1, 222,480,800 kg CO2e for Scope 2, and a significant 727,738,200 kg CO2e for Scope 3 emissions. This indicates a total of approximately 512,200,000 kg CO2e for Scope 1 and 2 combined. Ashland has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG 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. Notably, the company achieved a 12% reduction in GHG emissions intensity from a 2013 baseline by the end of 2020. The company’s near-term goals include a 10% reduction in emissions intensity for both Scope 1 and Scope 2 by 2025, relative to a 2020 baseline. These initiatives align with industry standards and demonstrate Ashland's commitment to addressing climate change effectively.
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| 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 | - |
| 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 | - |
| 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 | - |
How Carbon Intensive is Ashland Global's Industry?
How Carbon Intensive is Ashland Global's Location?
Ashland Global's Scope 3 Categories Breakdown
Ashland Global's Scope 3 emissions, which decreased by 14% last year and decreased by approximately 70% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 59% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 50% of Scope 3 emissions.
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Ashland Global's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ashland Global has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Ashland Global's sustainability data and climate commitments