Dairen Chemical Corporation Sustainability Profile
Dairen Chemical Corporation, commonly referred to as Dairen, is a leading player in the chemical industry, headquartered in Taiwan (TW). Established in 1973, the company has made significant strides in the production of high-quality chemical products, primarily focusing on acrylic acid, esters, and other specialty chemicals. With a strong operational presence across Asia and beyond, Dairen is renowned for its commitment to innovation and sustainability. The company’s core offerings, including acrylic monomers and polymer products, are distinguished by their superior performance and environmental compliance. Dairen Chemical Corporation has solidified its market position through strategic partnerships and a robust supply chain, earning recognition for its contributions to the chemical sector. As a trusted name in the industry, Dairen continues to drive advancements in chemical manufacturing while prioritising quality and customer satisfaction.
DitchCarbon Score
How does Dairen Chemical Corporation'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
Dairen Chemical Corporation's score of 33 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dairen Chemical Corporation's reported carbon emissions
In 2023, Dairen Chemical Corporation reported total carbon emissions of approximately 108,107,000 kg CO2e. This includes Scope 1 emissions of about 10,275,000 kg CO2e, Scope 2 emissions of approximately 97,832,000 kg CO2e, and significant Scope 3 emissions of around 307,865,000 kg CO2e, primarily from purchased goods and services. The total emissions from Scope 1 and 2 combined reached about 142,670,000 kg CO2e. Dairen Chemical has set ambitious climate commitments, aiming for net zero emissions by 2050 in alignment with government requirements for both Scope 1 and Scope 2 emissions. Additionally, the company has pledged to reduce its carbon emissions by 27% by 2030 compared to a 2017 baseline, specifically targeting reductions in both Scope 1 and Scope 2 emissions. The emissions data for Dairen Chemical Corporation is cascaded from its parent company, reflecting its current subsidiary status. The corporation is actively working towards its climate goals while addressing its substantial carbon footprint across all scopes of emissions.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 235,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 1,338,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
How Carbon Intensive is Dairen Chemical Corporation's Industry?
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Dairen Chemical Corporation's Scope 3 Categories Breakdown
Dairen Chemical Corporation's Scope 3 emissions, which decreased by 95% last year and decreased by approximately 96% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Dairen Chemical Corporation'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.
Dairen Chemical Corporation 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.
