Chemspec Ltd.
Chemspec Ltd., a leading name in the chemical manufacturing industry, is headquartered in Thailand (TH) and operates extensively across Southeast Asia. Founded in 1995, the company has established itself as a key player in the production of specialty chemicals, catering to diverse sectors such as agriculture, pharmaceuticals, and industrial applications. Chemspec Ltd. is renowned for its innovative formulations and commitment to quality, offering a range of products that include agrochemicals, fine chemicals, and custom synthesis services. Their unique approach to product development and sustainability has positioned them as a trusted partner in the market. With a strong focus on research and development, Chemspec Ltd. has achieved significant milestones, including numerous industry certifications and awards, solidifying its reputation as a reliable supplier in the chemical sector.
DitchCarbon Score
How does Chemspec Ltd.'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
Chemspec Ltd.'s score of 8 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemspec Ltd.'s reported carbon emissions
In 2023, Chemspec Ltd. reported total carbon emissions of approximately 50,933,280 kg CO2e for Scope 1 and about 86,862,000 kg CO2e for Scope 2. This marks a significant commitment to transparency in their carbon footprint, particularly in the context of their operations based in Thailand (TH). The company has shown fluctuations in emissions over the years, with Scope 2 emissions peaking in 2022 at approximately 79,539,002 kg CO2e, while Scope 1 emissions were about 54,492,900 kg CO2e. Notably, the emissions intensity from solar energy in 2022 was reported at 0.80028 TJ, and from coal at 0.534 TJ, indicating a reliance on fossil fuels alongside renewable energy sources. Despite these figures, Chemspec Ltd. has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined reduction strategies suggests an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability. Overall, while Chemspec Ltd. has made strides in reporting its emissions, the absence of concrete reduction targets highlights a critical area for improvement in their climate strategy.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 |
| Scope 2 | 73,340,188 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Chemspec Ltd. is not committed to any reduction initiatives 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.
