Eastman
Eastman Chemical Company, commonly referred to as Eastman, is a leading global specialty materials company headquartered in the United States. Founded in 1920, Eastman has established a strong presence in various operational regions, including North America, Europe, and Asia. The company operates primarily within the chemical industry, focusing on innovative solutions in advanced materials, chemicals, and fibres. Eastman’s core products include specialty plastics, coatings, and additives, which are distinguished by their high performance and sustainability features. With a commitment to innovation, Eastman has achieved notable milestones, such as the development of sustainable alternatives to traditional materials. Recognised for its market leadership, Eastman continues to drive advancements in the industry, positioning itself as a trusted partner for customers seeking quality and innovation.
DitchCarbon Score
How does Eastman'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
Eastman's score of 42 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eastman's reported carbon emissions
In 2023, Eastman reported total greenhouse gas emissions of approximately 6,537,605,000 kg CO2e, comprising 5,526,585,000 kg CO2e from Scope 1 and 1,011,020,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for carbon neutrality in its Scope 1 and Scope 2 emissions by 2050. To achieve this, Eastman has established a near-term target of reducing these emissions by 32% by 2030, using 2017 as the baseline year. Over the years, Eastman has demonstrated a commitment to sustainability, with a notable reduction in emissions intensity. For instance, in 2019, the total emissions from Scope 1 and Scope 2 were approximately 6,766,296,000 kg CO2e, indicating a focus on improving operational efficiency and reducing greenhouse gas emissions. Eastman's long-term strategy includes significant reductions in both Scope 1 and Scope 2 emissions, with a target to cut these emissions by one-third by 2030. This commitment reflects the company's proactive approach to addressing climate change and aligns with industry standards for sustainability and environmental responsibility.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,130,068,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,636,228,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000 | 00,000,000,000 | 0,000,000 |
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.
Eastman 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.
