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.
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.
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.
Eastman's score of 36 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Eastman Chemical Company reported total carbon emissions of approximately 5,526,585,000 kg CO2e for Scope 1, 1,011,020,000 kg CO2e for Scope 2 (market-based), and 10,107,394,000 kg CO2e for Scope 3 emissions. The combined Scope 1 and 2 emissions amounted to about 6,537,605,000 kg CO2e. This data reflects a significant commitment to transparency in emissions reporting, with all three scopes disclosed. Eastman has set ambitious climate targets, aiming for carbon neutrality in its Scope 1 and 2 greenhouse gas emissions by 2050. To achieve this, the company has established a near-term goal of reducing these emissions by one-third by 2030, using 2017 as a baseline. This target is part of a broader strategy to enhance sustainability and reduce environmental impact. In previous years, Eastman's emissions were also substantial, with Scope 1 emissions of approximately 5,970,870,000 kg CO2e in 2022 and 6,206,603,000 kg CO2e in 2021. The company has demonstrated a commitment to reducing its carbon footprint through various initiatives, including significant upgrades to facilities that have resulted in notable emissions reductions. Overall, Eastman's climate commitments reflect a proactive approach to addressing climate change, aligning with industry standards and expectations for corporate responsibility in emissions management.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 5,800,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
Eastman's Scope 3 emissions, which increased by 22% last year and increased by approximately 18% 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 61% of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
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.
Eastman 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.
