Ecovyst

Ecovyst's reported carbon emissions

Ecovyst, a chemicals company headquartered in the US, is committed to significant emissions reductions across its operations. For the reporting year 2024, Ecovyst reported total emissions of approximately 669.8 million kg CO2e, comprising about 618.9 million kg CO2e for Scope 1 and approximately 50.9 million kg CO2e for Scope 2. This marks a decrease from 2023, when total emissions were around 716.5 million kg CO2e, with Scope 1 emissions at approximately 659.2 million kg CO2e and Scope 2 at about 57.3 million kg CO2e. Ecovyst has established several key climate commitments. The company aims to achieve net zero emissions by 2050, encompassing both Scope 1 and Scope 2 emissions. In the near term, Ecovyst is targeting a 30% reduction in Scope 1 and Scope 2 emissions from their 2020 baseline by 2030. Additionally, there's a commitment to reduce Scope 1 and Scope 2 emissions to near zero by 2025. Further near-term goals include a 15% reduction in GHG intensity for Scope 1 emissions by 2025 (from a 2018 baseline) and a 25% reduction in GHG intensity for Scope 2 emissions by 2030 (from a 2018 baseline). Ecovyst is also targeting a 10% reduction in natural gas usage by 2030, which contributes to its Scope 1 and Scope 2 reduction efforts. It's important to note that Ecovyst's disclosed emissions data currently covers Scope 1 and Scope 2 only, with Scope 3 data, specifically purchased goods and services, not yet reported. The company's emissions data is not cascaded from a parent organisation.