BioAmber Inc. Sustainability Profile
BioAmber Inc., a leading player in the renewable chemicals industry, is headquartered in the United States. Founded in 2008, the company has made significant strides in producing sustainable bio-based chemicals, primarily focusing on succinic acid and its derivatives. With operations extending across North America and Europe, BioAmber is committed to advancing the bioeconomy through innovative solutions. The company’s core products, including bio-succinic acid, stand out for their environmentally friendly production processes and versatility in various applications, such as plastics, solvents, and food additives. BioAmber's commitment to sustainability has positioned it as a notable contender in the market, earning recognition for its contributions to reducing reliance on fossil fuels. With a strong emphasis on innovation and sustainability, BioAmber Inc. continues to lead the charge towards a greener future in the chemical industry.
DitchCarbon Score
How does BioAmber Inc.'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
BioAmber Inc.'s score of 8 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BioAmber Inc.'s reported carbon emissions
BioAmber Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that BioAmber may not have established formal commitments to reduce its carbon footprint or may not publicly disclose such information. In the context of the industry, companies are increasingly expected to set science-based targets and engage in initiatives aimed at reducing greenhouse gas emissions across all scopes (Scope 1, 2, and 3). However, without specific commitments or emissions data, it is challenging to assess BioAmber's position relative to these industry standards. As the climate landscape evolves, it will be crucial for BioAmber to consider developing and communicating its climate strategies to align with global sustainability goals.
How Carbon Intensive is BioAmber Inc.'s Industry?
How Carbon Intensive is BioAmber Inc.'s Location?
BioAmber Inc.'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.
BioAmber Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
