OCI
OCI Company Ltd., headquartered in South Korea (KR), is a prominent player in the chemical and energy industries. Founded in 1959, OCI has established itself as a leader in the production of polysilicon, a key material for solar cells, and other chemical products. With major operations across Asia, Europe, and North America, the company has achieved significant milestones, including advancements in sustainable energy solutions. OCI's core offerings include high-purity polysilicon, chemical intermediates, and specialty chemicals, distinguished by their commitment to innovation and environmental sustainability. The company has garnered recognition for its market position, being one of the top polysilicon producers globally. Through its dedication to quality and sustainability, OCI continues to drive growth and contribute to the evolving landscape of the chemical and energy sectors.
DitchCarbon Score
How does OCI'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
OCI's score of 21 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
OCI's reported carbon emissions
In 2023, OCI reported total carbon emissions of approximately 2,314,000,000 kg CO2e, comprising 615,387,000 kg CO2e from Scope 1, 548,827,000 kg CO2e from Scope 2, and 1,504,594,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions compared to 2022, where they were about 644,402,000 kg CO2e. In 2022, OCI's total emissions were approximately 2,370,000,000 kg CO2e, with Scope 1 emissions at 644,402,000 kg CO2e, Scope 2 at 565,572,000 kg CO2e, and Scope 3 at 1,608,064,000 kg CO2e. The company has shown fluctuations in emissions over the years, with Scope 1 emissions decreasing from about 661,434,000 kg CO2e in 2021 to 615,387,000 kg CO2e in 2023. OCI has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions across all scopes, indicating a commitment to transparency in its climate impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 636,911,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,479,380,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,198,514,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
OCI is not committed to any reduction initiatives 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.
