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 reflects a commitment to transparency in their emissions reporting, although specific reduction targets or initiatives have not been disclosed. In 2022, Olin's emissions were about 5,300,000 kg CO2e, with Scope 1 emissions at 1,900,000 kg CO2e and Scope 2 emissions at 3,400,000 kg CO2e. The company has shown a slight decrease in total emissions from 2022 to 2023. For the years 2019 and 2020, Olin reported Scope 1 emissions of approximately 2,201,152 kg CO2e and Scope 2 emissions of about 4,500,901 kg CO2e in 2019, while in 2020, the figures remained consistent for Scope 2 emissions but did not specify Scope 1 emissions beyond mobile combustion. Despite the lack of specific reduction targets or commitments, Olin's emissions intensity has been reported at approximately 490.0 kg CO2e per tonne sold in 2023, indicating a focus on improving efficiency in relation to their revenue generation. Overall, Olin's emissions data reflects their ongoing efforts to monitor and manage their carbon footprint within the chemical manufacturing industry.
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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.
