LCY Chemical Corp. Sustainability Profile
LCY Chemical Corp., a leading player in the chemical industry, is headquartered in Taiwan (TW) and operates extensively across Asia and beyond. Founded in 1971, the company has established itself as a key manufacturer of high-performance chemical products, specialising in polyolefins, specialty chemicals, and advanced materials. With a commitment to innovation, LCY Chemical Corp. has achieved significant milestones, including the development of unique polymer solutions that cater to diverse industrial applications. Their core offerings, known for their quality and reliability, position the company as a trusted partner in sectors such as automotive, electronics, and packaging. Recognised for its sustainable practices and technological advancements, LCY Chemical Corp. continues to strengthen its market position, contributing to the global chemical landscape with a focus on excellence and customer satisfaction.
DitchCarbon Score
How does LCY Chemical Corp.'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.
Industry Average
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.
Industry Benchmark
LCY Chemical Corp.'s score of 8 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LCY Chemical Corp.'s reported carbon emissions
In 2018, LCY Chemical Corp. reported unit product carbon emissions of approximately 2,136 kg CO2e per tonne of revenue. This figure reflects the company's operational impact but does not specify emissions across Scope 1, 2, or 3 categories. Previous years' data indicate a slight decrease in emissions intensity, with 2017 reporting about 1,889 kg CO2e per tonne and 2016 at approximately 1,989 kg CO2e per tonne. Currently, LCY Chemical Corp. has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of disclosed emissions data across all scopes suggests a need for enhanced transparency and commitment to climate action. As of now, the company does not inherit emissions data from a parent organization, indicating that its climate strategy is developed independently. Overall, while LCY Chemical Corp. has made strides in reducing emissions intensity, further commitments and clearer reporting on carbon emissions are essential for aligning with industry standards and addressing climate change effectively.
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LCY Chemical Corp.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
LCY Chemical Corp. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
