Ecovyst
Ecovyst Inc., headquartered in the United States, is a leading provider of sustainable solutions in the specialty chemicals industry. Founded in 2018, the company has quickly established itself as a key player in the production of catalysts and engineered materials, primarily serving the refining, petrochemical, and renewable energy sectors. Ecovyst's innovative product offerings, including its proprietary catalyst technologies, are designed to enhance efficiency and reduce environmental impact, setting them apart in a competitive market. With a commitment to sustainability and operational excellence, the company has achieved significant milestones, positioning itself as a trusted partner for clients seeking advanced chemical solutions. As it continues to expand its operational footprint, Ecovyst remains dedicated to driving progress in the industry while prioritising eco-friendly practices.
DitchCarbon Score
How does Ecovyst'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
Ecovyst's score of 19 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ecovyst's reported carbon emissions
In 2023, Ecovyst reported a greenhouse gas (GHG) emissions intensity of approximately 220.0 tonnes CO2e per tonne of product, reflecting their ongoing commitment to sustainability. This figure represents a decrease from 2022, where the GHG emissions intensity was about 244.0 tonnes CO2e per tonne. Ecovyst has set ambitious climate commitments, aiming for carbon neutrality by 2050 across both Scope 1 and Scope 2 emissions. In the near term, they are targeting a 15% reduction in GHG intensity by 2025 and a 25% reduction by 2030, using 2018 as the baseline year. Additionally, they plan to achieve a 10% reduction in natural gas usage by 2030, which will contribute to their overall emissions reduction strategy. The company has not disclosed specific absolute emissions figures for 2023, but their previous data indicates a total of approximately 692,100,000 kg CO2e in 2021, with significant contributions from Scope 1 emissions, including process emissions and stationary combustion. Ecovyst's long-term vision includes achieving net zero emissions by 2050, demonstrating their commitment to addressing climate change and reducing their environmental impact.
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| 2021 | |
|---|---|
| Scope 1 | 629,811,000 |
| Scope 2 | 62,289,000 |
| Scope 3 | - |
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.
Ecovyst 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.
