olin

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.