NewMarket Corporation Sustainability Profile
NewMarket Corporation, a leading player in the specialty chemicals industry, is headquartered in the United States. Founded in 1984, the company has established a strong presence in key operational regions, including North America and Europe. NewMarket is renowned for its innovative solutions in petroleum additives and chemical manufacturing, providing unique products that enhance performance and efficiency in various applications. With a commitment to quality and sustainability, NewMarket's core offerings include fuel additives and lubricant solutions that set industry standards. The company has achieved significant milestones, including strategic acquisitions that have bolstered its market position. Recognised for its technical expertise and customer-centric approach, NewMarket Corporation continues to drive advancements in the chemical sector, solidifying its reputation as a trusted partner in the industry.
DitchCarbon Score
How does NewMarket Corporation'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
NewMarket Corporation's score of 10 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NewMarket Corporation's reported carbon emissions
NewMarket Corporation, headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. As such, there are no recorded emissions figures in kg CO2e, and no climate commitments or pledges have been disclosed. The absence of emissions data suggests that NewMarket Corporation may still be in the early stages of developing a comprehensive climate strategy. Without specific targets or achievements, it is unclear how the company plans to address its carbon footprint or contribute to broader climate goals. In the context of the industry, many companies are increasingly adopting science-based targets and committing to net-zero emissions. NewMarket Corporation's lack of publicly available data may indicate an opportunity for the company to enhance its sustainability efforts and align with industry standards.
How Carbon Intensive is NewMarket Corporation's Industry?
How Carbon Intensive is NewMarket Corporation's Location?
NewMarket Corporation'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.
NewMarket Corporation 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.
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