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 31 is higher than 59% 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 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 7,330,000 kg CO2e for Scope 3 (business travel). The combined total for Scope 1 and Scope 2 emissions was about 6,537,605,000 kg CO2e. This reflects a decrease from 2022, where Scope 1 emissions were approximately 5,970,870,000 kg CO2e and Scope 2 emissions (market-based) were about 799,008,000 kg CO2e. Eastman has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 emissions by 2030 from a 2020 baseline, and a similar 30% reduction in Scope 2 emissions by the same year. Additionally, the company targets near-zero emissions for both Scope 1 and Scope 2 by 2050. Their near-term goal includes a 32% reduction in these emissions by 2030, based on a 2017 baseline. The company has previously achieved significant reductions, such as a 40% decrease in greenhouse gas emissions from their Springfield, Massachusetts facility, and a 20% reduction from their Kingsport, Tennessee facility, both completed in the mid-2010s. Eastman's emissions data is not cascaded from any parent organization, and all figures are reported directly from Eastman Chemical Company. The company continues to focus on sustainability and reducing its carbon footprint as part of its long-term strategy.
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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.
