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 39 is higher than 78% 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 carbon emissions of approximately 5,526,585,000 kg CO2e for Scope 1 and about 1,011,020,000 kg CO2e for Scope 2, with an additional 7,330,000 kg CO2e attributed to Scope 3 emissions from business travel. This brings their total Scope 1 and 2 emissions to about 6,537,605,000 kg CO2e. Eastman has set ambitious climate commitments, aiming for carbon neutrality in their Scope 1 and 2 greenhouse gas emissions by 2050. To achieve this, they have established a near-term target to reduce these emissions by one-third by 2030, using 2017 as a baseline. This translates to a reduction of approximately 2,179,201,500 kg CO2e from their 2023 emissions levels. The company has also committed to reducing their Scope 1 emissions to near zero by 2025 and aims for a 30% reduction in Scope 1 and 2 emissions by 2030 from a 2020 baseline. These initiatives reflect Eastman's dedication to sustainability and their proactive approach to addressing climate change.
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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 |
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 participating in any of the initiatives that 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.
