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 31 is higher than 53% 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 emissions of approximately 4,300,000,000,000 kg CO2e, comprising about 1,200,000,000,000 kg CO2e from Scope 1 and about 3,100,000,000,000 kg CO2e from Scope 2. This data reflects a commitment to transparency in their carbon footprint, with emissions data disclosed for both Scope 1 and Scope 2, while Scope 3 emissions data remains undisclosed. Olin has set ambitious climate commitments, aiming to reduce combined Scope 1 and Scope 2 emissions by 35% by the end of 2030, using 2018 as the baseline year. This target underscores Olin's proactive approach to mitigating climate impact and aligns with industry standards for sustainability. In previous years, Olin's emissions have shown fluctuations, with 2023 emissions recorded at approximately 4,600,000,000 kg CO2e (1,400,000,000 kg CO2e from Scope 1 and 3,200,000,000 kg CO2e from Scope 2) and 2022 emissions at about 5,300,000,000 kg CO2e (1,900,000,000 kg CO2e from Scope 1 and 3,400,000,000 kg CO2e from Scope 2). The company’s carbon emissions intensity has also been reported, with values of 521.0 tonnes CO2e per unit of revenue in 2024 and 490.0 tonnes CO2e per unit of revenue in 2023. Olin's commitment to reducing emissions reflects a broader industry trend towards sustainability and responsible environmental stewardship, positioning the company as a forward-thinking leader in its sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,201,152,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000,000 |
| Scope 2 | 4,500,901,000 | 0,000,000,000,000 | 0,000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000,000 |
| 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.
