OCI Holdings
OCI Holdings, a prominent player in the chemical and energy sectors, is headquartered in South Korea (KR). Founded in 1959, the company has established itself as a leader in the production of polysilicon, a critical material for solar energy applications, as well as various chemical products. With a strong operational presence in Asia and beyond, OCI Holdings has achieved significant milestones, including advancements in sustainable energy solutions. The company’s core offerings include high-purity polysilicon and specialty chemicals, distinguished by their quality and innovation. OCI Holdings is recognised for its commitment to sustainability and has made notable strides in reducing environmental impact. As a key contributor to the renewable energy market, OCI Holdings continues to strengthen its market position, driving growth and technological advancements in the industry.
DitchCarbon Score
How does OCI Holdings'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 Holdings's score of 25 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
OCI Holdings's reported carbon emissions
In 2023, OCI Holdings reported total carbon emissions of approximately 2,519,695,000 kg CO2e, with Scope 1 emissions at about 1,969,776,000 kg CO2e and Scope 2 emissions at around 549,926,000 kg CO2e. The company also disclosed Scope 3 emissions, which totalled approximately 1,504,594,000 kg CO2e. In 2022, OCI Holdings' total emissions were about 1,209,974,000 kg CO2e, with Scope 1 emissions of approximately 644,402,000 kg CO2e and Scope 2 emissions at around 565,572,000 kg CO2e. Notably, the company reported Scope 3 emissions for the first time, amounting to approximately 1,608,064,000 kg CO2e. For 2021, the total emissions were approximately 1,192,714,000 kg CO2e, with Scope 1 emissions of about 661,434,000 kg CO2e and Scope 2 emissions at around 531,280,000 kg CO2e. In 2020, OCI Holdings recorded total emissions of approximately 1,224,314,000 kg CO2e, with Scope 1 emissions at about 584,350,000 kg CO2e and Scope 2 emissions at around 639,964,000 kg CO2e. Despite these figures, OCI Holdings has not publicly committed to specific reduction targets or initiatives, indicating a potential area for future development in their climate strategy. The company operates within a global context where many industries are increasingly focusing on reducing carbon footprints and enhancing sustainability practices.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 584,350,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 639,964,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 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 Holdings 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.
