Chemonics Sustainability Profile
Chemonics International Inc., commonly referred to as Chemonics, is a leading global development firm headquartered in the United States. Founded in 1975, the company has established a strong presence in over 70 countries, focusing on sectors such as health, agriculture, economic development, and governance. Chemonics is renowned for its innovative approach to project management and capacity building, delivering tailored solutions that address complex challenges in developing regions. With a commitment to sustainable development, Chemonics offers a range of services, including programme design, implementation, and evaluation. The firm has achieved notable milestones, such as receiving multiple awards for excellence in project delivery and impact. As a trusted partner for governments, NGOs, and private sector entities, Chemonics continues to enhance its market position through strategic collaborations and a dedication to measurable results.
DitchCarbon Score
How does Chemonics'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 Services Auxiliary to Financial Intermediation 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
Chemonics's score of 46 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chemonics's reported carbon emissions
In 2023, Chemonics reported total carbon emissions of approximately 410,300 kg CO2e, with emissions distributed across various scopes: 35,400 kg CO2e from Scope 1, 28,800 kg CO2e from Scope 2, and a significant 346,600 kg CO2e from Scope 3, which includes 313,400 kg CO2e from business travel and 10,200 kg CO2e from employee commuting. This marks a notable increase from the 2022 total of 189,800 kg CO2e, where Scope 1 emissions were 31,000 kg CO2e, Scope 2 emissions were 35,500 kg CO2e, and Scope 3 emissions totalled 123,000 kg CO2e. Chemonics has set ambitious climate commitments, aiming for net zero emissions by 2050, as outlined in their long-term strategy. They achieved a reduction of approximately 13.93% in Scope 1 and Scope 2 emissions from office use between 2020 and 2022. This commitment is further supported by their alignment with the Science Based Targets initiative (SBTi), where they are recognised as a committed member, targeting net zero across all scopes by 2050. The emissions data and reduction initiatives are sourced directly from Chemonics International Inc., with no cascaded data from parent organisations. Chemonics continues to focus on reducing its carbon footprint while enhancing sustainability practices within its operations.
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| 2020 | 2022 | |
|---|---|---|
| Scope 1 | 30,350 | 00,000 |
| Scope 2 | 46,910 | 00,000 |
| Scope 3 | 90,220 | 000,000 |
How Carbon Intensive is Chemonics's Industry?
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Chemonics's Scope 3 Categories Breakdown
Chemonics's Scope 3 emissions, which increased by 37% last year and increased by approximately 37% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 65% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 90% of Scope 3 emissions.
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Chemonics'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.
Chemonics 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.
