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.
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.
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.
olin's score of 36 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Olin Corporation reported total carbon emissions of approximately 4,300,000,000 kg CO2e, comprising 1,200,000,000 kg CO2e from Scope 1 and 3,100,000,000 kg CO2e from Scope 2 emissions. This marks a decrease from 2023, where total emissions were about 4,500,000,000 kg CO2e, with Scope 1 emissions at 1,400,000,000 kg CO2e and Scope 2 emissions remaining at 3,100,000,000 kg CO2e. Olin has set a significant climate commitment to reduce combined Scope 1 and Scope 2 emissions by 35% by the end of 2030, using 2018 as the baseline year. This ambitious target reflects Olin's dedication to sustainability and its proactive approach to mitigating climate impact. The company has consistently reported emissions data, focusing on transparency and accountability in its environmental practices. As of now, Olin has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 2,201,152,000 | 0,000,000,000 | 0,000,000,000 | 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 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | - | - | - |
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 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.