olin
Olin Corporation, commonly referred to as Olin, is a leading global manufacturer headquartered in the United States, with significant operations across North America and Europe. Founded in 1892, Olin has established itself in the chemical manufacturing industry, specialising in the production of chlor-alkali products, epoxy resins, and specialty chemicals. The company is renowned for its innovative approach to chemical solutions, offering unique products that cater to diverse sectors, including construction, automotive, and consumer goods. Olin's commitment to sustainability and operational excellence has positioned it as a key player in the market, with notable achievements in safety and environmental stewardship. With a rich history and a focus on quality, Olin continues to drive advancements in the chemical industry.
DitchCarbon Score
How does olin'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 Furniture Manufacturing 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
olin's score of 26 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
olin's reported carbon emissions
In 2023, Olin Corporation reported total carbon emissions of approximately 4,600,000 kg CO2e, comprising 1,400,000 kg CO2e from Scope 1 and 3,200,000 kg CO2e from Scope 2 emissions. This represents a slight increase in emissions compared to previous years, with 2022 emissions recorded at about 5,300,000 kg CO2e (1,900,000 kg CO2e from Scope 1 and 3,400,000 kg CO2e from Scope 2). Olin's emissions have shown fluctuations over the years, with 2019 emissions at approximately 6,700,000 kg CO2e (2,201,152 kg CO2e from Scope 1 and 4,500,901 kg CO2e from Scope 2) and 2020 emissions remaining consistent with 2019 levels. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. Overall, Olin's carbon emissions intensity has been reported at about 490.0 kg CO2e per tonne sold in 2023, reflecting their ongoing efforts to manage emissions relative to revenue. However, the absence of defined reduction targets suggests that Olin may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
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| 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,201,152,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 4,500,901,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - |
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.
olin 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.
