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Olin Corporation, commonly referred to as Olin, is a prominent player in the furniture and manufactured goods industry, headquartered in the United States. Founded in 1892, Olin has established itself as a leader in producing high-quality furniture and other manufactured goods, focusing on innovative design and sustainability.
With major operations across North America, Olin offers a diverse range of products, including custom furniture solutions that cater to both residential and commercial markets. The company is renowned for its commitment to craftsmanship and the use of eco-friendly materials, setting it apart from competitors.
Olin's market position is bolstered by its dedication to quality and customer satisfaction, earning numerous accolades within the industry. As a forward-thinking organisation, Olin continues to evolve, embracing new technologies and trends to meet the demands of modern consumers.
16
DitchCarbon score
-7 vs industry average
olin’s score of 16 is lower than 40% 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
High
Furniture Manufacturing has above-average carbon intensity
Industry performance
0.369
20182025
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
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.
olin's reported carbon emissions
Olin, a US-headquartered manufacturer of furniture and other goods, reported approximately 4.3 billion kg CO2e in combined Scope 1 and Scope 2 emissions for 2024. This figure comprises about 1.2 billion kg CO2e from Scope 1 (direct emissions) and approximately 3.1 billion kg CO2e from Scope 2 (indirect emissions from purchased energy).
Looking back, their combined Scope 1 and 2 emissions were approximately 4.5 billion kg CO2e in 2023, about 5.3 billion kg CO2e in 2022, approximately 5.7 billion kg CO2e in 2021, and around 6.0 billion kg CO2e in 2020. For 2019, combined Scope 1 and 2 emissions were roughly 6.7 billion kg CO2e. No emissions data is available for 2018.
Olin has committed to an absolute reduction target for its near-term emissions. By the end of 2030, the company aims to reduce its combined Scope 1 and Scope 2 emissions by 35%, using 2018 as a baseline year. No Scope 3 emissions data has been disclosed for any year.
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olin’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
olin2 days ago
16
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