Hexion Inc., a leading global provider of specialty chemicals, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1899, Hexion has established itself as a key player in the resin and adhesive industry, focusing on innovative solutions for construction, automotive, and energy sectors. The company offers a diverse range of products, including epoxy resins, phenolic resins, and formaldehyde-based resins, known for their superior performance and sustainability. Hexion's commitment to research and development has led to numerous advancements, positioning it as a trusted partner for customers seeking high-quality, tailored solutions. With a strong market presence and a reputation for excellence, Hexion continues to achieve notable milestones, reinforcing its status as a leader in the specialty chemicals industry.
How does Hexion'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.
Hexion's score of 13 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hexion, headquartered in the US, has made significant strides in reducing its carbon emissions. As of 2022, the company achieved a 15% absolute reduction in Scope 1 and Scope 2 greenhouse gas (GHG) emissions compared to its 2017 baseline. This reduction reflects Hexion's commitment to lowering direct and indirect emissions from its operations and energy consumption. While specific emissions data for the most recent year is not available, the company's focus on sustainability is evident through its initiatives aimed at minimising its environmental impact. Hexion's reduction targets are part of a broader strategy to enhance operational efficiency and reduce its carbon footprint. It is important to note that Hexion's emissions data and climate commitments are cascaded from its parent company, Hexion Inc., indicating a structured approach to sustainability within its corporate family. The company's efforts align with industry standards and demonstrate a proactive stance towards climate action.
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.
Hexion 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.
