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.
-5 vs industry average
olin’s score of 21 is lower than 43% 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
Furniture Manufacturing has typical carbon intensity
Industry performance
The Furniture Manufacturing industry has reduced its overall emissions by 35% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
olin's reported carbon emissions
Olin, a US-based company operating in the Furniture; other manufactured goods n.e.c. (36) industry, has reported its carbon emissions for recent years. In 2024, the company’s Scope 1 and Scope 2 emissions totalled approximately 4.3 billion kg CO2e, comprising 1.2 billion kg CO2e from Scope 1 and 3.1 billion kg CO2e from Scope 2. For 2023, total Scope 1 and 2 emissions were approximately 4.5 billion kg CO2e (1.4 billion kg CO2e for Scope 1 and 3.1 billion kg CO2e for Scope 2).
The emissions data shows a downward trend in Scope 1 and 2 emissions over the past few years. In 2022, the combined Scope 1 and 2 emissions were approximately 5.3 billion kg CO2e, decreasing from about 5.7 billion kg CO2e in 2021 and 6 billion kg CO2e in 2020. Prior to that, in 2019, Scope 1 and 2 emissions were approximately 6.7 billion kg CO2e (2.2 billion kg CO2e for Scope 1 and 4.5 billion kg CO2e for Scope 2). Olin has not disclosed Scope 3 emissions data in the provided reports.
Olin has set a significant climate commitment: 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. This target is an absolute reduction across scopes 1 and 2. The sustainability report for 2024 also highlights a carbon emissions intensity figure of approximately 521 tonnes CO2e per unit of revenue.
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olin’s Climate Goals (2030 & 2050)
2 goals2030
35% reduction in Scope 2
By the end of 2030, Olin has committed to: Reduce combined Scope 1 and Scope 2 emissions by 35%, measured against 2018 as a baseline year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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