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Megachem Ltd, a prominent player in the chemicals nec industry, is headquartered in Singapore and operates extensively across the Asia-Pacific region. Founded in 1986, the company has established itself as a trusted provider of specialty chemicals, catering to diverse sectors such as pharmaceuticals, food and beverage, and personal care.
With a robust portfolio of core products and services, Megachem is renowned for its commitment to quality and innovation. The company offers a range of chemical solutions, including custom formulations and technical support, which set it apart in a competitive market. Megachem's strategic focus on sustainability and customer-centric solutions has solidified its position as a leader in the industry, earning recognition for its exceptional service and reliability.
19
DitchCarbon score
-13 vs industry average
Megachem’s score of 19 is lower than 31% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Chemicals is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Megachem's reported carbon emissions
Megachem, a Chemicals nec company headquartered in PH, reported its 2024 Scope 1 emissions at 308,290 kg CO2e, Scope 2 emissions at 264,000 kg CO2e, and Scope 3 emissions at 2,327,300 kg CO2e.
Looking at previous years, in 2023, the company's Scope 1 emissions were 305,850 kg CO2e, Scope 2 emissions were 295,000 kg CO2e, and Scope 3 emissions were 1,758,570 kg CO2e. In 2022, Megachem's Scope 1 emissions were 294,660 kg CO2e, Scope 2 emissions were 374,000 kg CO2e, and Scope 3 emissions were 2,046,260 kg CO2e.
Megachem has established several climate commitments. The company aims to reduce its Scope 1 emissions by 25% by 2030, using 2020 as a baseline. For Scope 2 emissions, Megachem targets a 20% reduction by 2030, also against a 2020 baseline. Furthermore, the company is committed to reducing its Scope 3 upstream transportation emissions intensity per tonne by 30% by 2030, compared to a 2021 baseline. As of 2024, the company is on track with its Scope 2 reduction target but not on track for its Scope 1 reduction target.
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Megachem’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Megachem6 months ago
19
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