Innospec

Innospec, a US-headquartered company in the Chemicals nec industry, reported Scope 1 and 2 emissions of approximately 95.8 million kg CO2e for 2024. In 2023, the company's total emissions were approximately 2.06 billion kg CO2e, comprising about 53.9 million kg CO2e from Scope 1, approximately 26.0 million kg CO2e from Scope 2, and around 1.98 billion kg CO2e from Scope 3. This follows a total of approximately 2.50 billion kg CO2e in 2022, with Scope 1 at about 44.4 million kg CO2e, Scope 2 at approximately 38.9 million kg CO2e, and Scope 3 at around 2.41 billion kg CO2e.

Innospec has set several climate commitments. They aim to achieve net-zero emissions by 2050, consistent with the Paris Climate Agreement. The company has also committed to a 10% reduction in Group Scope 1 and Scope 2 greenhouse gas (GHG) emissions from all manufacturing sites by the end of 2030, using a 2020 baseline. Furthermore, Innospec targets a 46% reduction in absolute Scope 1 and 2 emissions by 2025 compared to 2019, by sourcing 100% renewable electricity for all manufacturing sites. They have reported a 52% reduction in operational Scope 1 and 2 GHG emissions since a 2006 baseline. An earlier target aimed for a 14% reduction in Scope 1 and 2 emissions per metric tonne of product between 2016 and 2017, and a 31% reduction since 2006.