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OrganisationsMomentive
Momentive logo

Momentive

ChemicalsUnited StatesNASDAQ: MNTV
Last verified 19 days agomomentive.com

Momentive Performance Materials Inc., commonly referred to as Momentive, is a leading player in the chemicals nec industry, headquartered in the United States. Founded in 2006, the company has established itself as a key provider of innovative silicone and advanced materials solutions, serving diverse sectors such as automotive, electronics, and healthcare.

With a strong operational presence across North America, Europe, and Asia, Momentive is renowned for its unique product offerings, including high-performance silicones and specialty polymers. These products are distinguished by their exceptional durability and versatility, catering to the evolving needs of modern industries.

Momentive's commitment to innovation has positioned it as a market leader, with notable achievements in sustainability and product development, ensuring it remains at the forefront of the chemicals sector.

43
DitchCarbon score

+13 vs industry average

Momentive’s score of 43 is higher than 59% 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

0.0B0B0.0B000M0

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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.

Momentive's reported carbon emissions

Momentive, a chemicals company headquartered in the US, has disclosed its greenhouse gas emissions for several years. In 2024, the company reported total emissions of approximately 256 million kg CO2e. This figure comprises about 188 million kg CO2e from Scope 1 emissions and approximately 68 million kg CO2e from Scope 2 emissions. Scope 3 emissions were also reported, with purchased goods and services accounting for the largest portion at around 1.47 billion kg CO2e in 2023.

Looking at previous years, Momentive reported total emissions of approximately 280 million kg CO2e in 2023 and about 331 million kg CO2e in 2022. In 2021, total emissions were approximately 404 million kg CO2e.

Momentive is committed to climate action and has set several reduction targets. The company aims to achieve Net-Zero emissions by 2050. For the near term, Momentive has committed to reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. Additionally, Momentive aims to reduce Scope 3 emissions by 25% within the same timeframe and achieve 100% renewable electricity across its global operations by 2030. Prior to this, there was a target to reduce GHG emissions by 25% by 2025 compared to their 2019 baseline year.

It is important to note that Momentive's emissions data is cascaded from its corporate family relationship with Momentive Performance Materials Inc., which is considered the source organization at cascade level 0 for its initiatives and performance data.

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Momentive’s Climate Goals (2030 & 2050)

4 goals

2025

25% reduction in Scope 2

We want to reduce our GHG emission by 25% by 2025 compared to our baseline year 2019.

On track25%

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%

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Scope 3 top emissions categories

5 of 15 categories disclosed
Purchased Goods & Services96%
Fuel & Energy Activities2%
Upstream Transportation & Distribution1%
Waste Generated in Operations0%
Business Travel0%
Purchased Goods & Services96%
Fuel & Energy Activities2%
Upstream Transportation & Distribution1%
Waste Generated in Operations0%
Business Travel0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Momentive logoMomentive
USChemicals
19 days ago
43
Wacker Chemie logoWacker Chemie
DEChemicals
1 day ago
94
View
Arkema logoArkema
FROther Basic Inorganic Chemical Manufacturing
9 hours ago
86
View
Lanxess logoLanxess
DEChemicals
1 day ago
86
View
BASF SE logoBASF SE
DEChemicals
1 day ago
81
View
Dupont logoDupont
USOther Basic Inorganic Chemical Manufacturing
18 hours ago
81
View
Evonik logoEvonik
DEChemicals
1 day ago
73
View

Frequently asked questions

Common questions about Momentive’s sustainability data and climate commitments

Momentive has committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas emissions by approximately 42% by around 2030, using 2021 as the baseline year. Additionally, the company aims to cut Scope 3 emissions by roughly 25% within the same timeframe. It also plans to achieve 100% renewable electricity across its global operations by around 2030. These long-term targets demonstrate Momentive's dedication to climate action and align with industry standards for sustainability in the chemicals sector, with a vision to reach Net-Zero emissions by 2050.

Data year: 2024

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
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Ditchcarbonv260721.1
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