Innospec

Innospec's reported carbon emissions

Innospec, headquartered in the US, reported a total carbon emissions figure of approximately 2.06 billion kg CO2e for the year 2023. This total comprises 53.9 million kg CO2e from Scope 1 emissions, 25.9 million kg CO2e from Scope 2 emissions, and a significant 1.98 billion kg CO2e from Scope 3 emissions. In 2024, Innospec's Scope 1 and 2 emissions were reported at approximately 95.8 million kg CO2e, although detailed Scope 3 data remains undisclosed. In terms of climate commitments, Innospec has set ambitious targets to achieve a net zero emissions goal by 2050, aligning with the Paris Climate Agreement. The company aims for a 10% reduction in Scope 1 and Scope 2 emissions by the end of 2030, based on a 2020 baseline. Additionally, Innospec has achieved a notable reduction of 52% in operational greenhouse gas emissions since its 2006 baseline year, which encompasses both Scope 1 and Scope 2 emissions. In summary, Innospec is actively working towards significant emissions reductions and has established long-term climate goals to mitigate its environmental impact.