olin Sustainability Profile
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 36 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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olin's reported carbon emissions
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 represents a slight 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 its combined Scope 1 and Scope 2 emissions by 35% by the end of 2030, using 2018 as the baseline year. This target reflects the company's proactive approach to addressing its carbon footprint and aligns with industry standards for climate action. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. Olin's emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its own operations. Overall, Olin's commitment to reducing emissions and its recent performance demonstrate a clear intention to enhance sustainability and mitigate climate impact in the chemical manufacturing sector.
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| 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 | - | - | - | - | - | - |
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olin's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
olin has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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