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.
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.
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.
BioAmber Inc.'s score of 13 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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.
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.
BioAmber Inc. is not participating in any of the initiatives that 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.