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.
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.
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.
NewMarket Corporation's score of 15 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
NewMarket Corporation, headquartered in the US, currently does not have available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The absence of emissions data suggests that the company may not have publicly disclosed its carbon footprint or climate commitments at this time. As a result, there are no specific figures to report regarding Scope 1, 2, or 3 emissions, nor any significant achievements in emissions reduction. The company does not appear to have cascaded data from a parent organisation, indicating that its climate strategy is independently managed. In the context of industry standards, NewMarket Corporation may still be developing its climate commitments or aligning with broader sustainability initiatives. However, without concrete data or targets, it is challenging to assess their current environmental impact or future commitments.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
NewMarket Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.