Oltchim S.A. Sustainability Profile
Oltchim S.A., a prominent player in the chemical industry, is headquartered in Romania (RO) and operates extensively across Europe. Founded in 1966, the company has established itself as a leader in the production of chemical products, particularly in the fields of petrochemicals and polymers. Oltchim's core offerings include a diverse range of chemicals, such as polyols, chlor-alkali products, and various specialty chemicals, which are distinguished by their high quality and innovative applications. The company has achieved significant milestones, including advancements in sustainable production methods, positioning itself as a key supplier in both domestic and international markets. With a strong commitment to research and development, Oltchim S.A. continues to enhance its market position, contributing to various industries, including automotive, construction, and agriculture, while maintaining a focus on environmental responsibility.
DitchCarbon Score
How does Oltchim S.A.'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 Chemicals 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
Oltchim S.A.'s score of 19 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oltchim S.A.'s reported carbon emissions
In 2023, Oltchim S.A. reported total carbon emissions of approximately 30,749,570 kg CO2e. The breakdown of these emissions includes Scope 1 emissions at about 57,073,000 kg CO2e and Scope 2 emissions at approximately 186,790,000 kg CO2e. Additionally, Scope 3 emissions were recorded, with significant contributions from downstream transportation and distribution (about 24,171,180 kg CO2e) and employee commuting (approximately 1,334,000 kg CO2e). In 2022, Oltchim S.A. had higher emissions, with Scope 1 at around 84,728,000 kg CO2e and Scope 2 at about 379,256,000 kg CO2e. The company did not disclose Scope 3 emissions for that year. Despite these figures, Oltchim S.A. has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The absence of documented reduction initiatives suggests that the company may need to enhance its strategies to address carbon emissions effectively. Overall, Oltchim S.A. operates within a challenging industry context, where significant emissions are common, yet the lack of formal reduction targets may hinder its progress towards sustainability.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 84,728,000 | 00,000,000 |
| Scope 2 | 379,256,000 | 000,000,000 |
| Scope 3 | - | 00,000,000 |
How Carbon Intensive is Oltchim S.A.'s Industry?
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Oltchim S.A.'s Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 11% of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 79% of Scope 3 emissions.
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Oltchim S.A.'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.
Oltchim S.A. 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.
