Element Solutions Inc., headquartered in the United States, is a leading specialty chemicals company that operates across various global markets. Founded in 2017, the company has quickly established itself in the electronics, industrial, and consumer markets, focusing on innovative solutions that enhance performance and sustainability. With a diverse portfolio of core products and services, Element Solutions offers advanced materials and formulations that cater to the unique needs of its clients. Their commitment to quality and innovation sets them apart in the industry, enabling them to maintain a strong market position. Notable achievements include strategic acquisitions that have expanded their operational footprint and product offerings, solidifying Element Solutions as a key player in the specialty chemicals sector. The company continues to drive growth through its dedication to research and development, ensuring it remains at the forefront of industry advancements.
How does Element Solutions'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.
Element Solutions's score of 19 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Element Solutions reported total carbon emissions of approximately 34,345 tonnes CO2e, comprising about 12,127 tonnes CO2e from Scope 1 and around 22,218 tonnes CO2e from Scope 2 emissions. This marks a continued effort to manage and reduce their carbon footprint, with a notable decrease from previous years. For instance, in 2022, their total emissions were about 36,242 tonnes CO2e, indicating a reduction in emissions over the year. The company has demonstrated a commitment to sustainability through various initiatives, although specific reduction targets have not been publicly detailed. Their emissions data reflects a consistent focus on minimising environmental impact, with emissions intensity metrics showing a gradual improvement over the years. For example, the emissions intensity in 2023 was approximately 163 tonnes CO2e per unit of production, compared to 162 tonnes CO2e in 2022. Element Solutions has participated in the CDP (Carbon Disclosure Project), receiving a score of "D" in 2023, which suggests there is room for improvement in their climate strategy and transparency. While they have not set specific science-based targets, their ongoing emissions tracking and reporting indicate a proactive approach to addressing climate change. Overall, Element Solutions is working towards enhancing its sustainability practices while navigating the complexities of carbon emissions management in the chemical industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 13,565,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 32,048,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - |
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.
Element Solutions is committed to some reduction initiatives 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.