OMNOVA Solutions Inc. Sustainability Profile
OMNOVA Solutions Inc., a leading provider of innovative specialty chemicals and engineered surfaces, is headquartered in the United States. Founded in 1948, the company has established a strong presence in various operational regions, including North America and Europe. OMNOVA operates primarily within the specialty chemicals industry, focusing on key business areas such as coatings, adhesives, and performance materials. The company is renowned for its unique product offerings, which include advanced polymer solutions and decorative surfaces that cater to diverse markets, from automotive to construction. OMNOVA's commitment to sustainability and innovation has positioned it as a notable player in the industry, with significant achievements in product development and customer satisfaction. With a rich history and a forward-thinking approach, OMNOVA Solutions continues to drive growth and excellence in the specialty chemicals sector.
DitchCarbon Score
How does OMNOVA Solutions Inc.'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 Plastic production 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
OMNOVA Solutions Inc.'s score of 40 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OMNOVA Solutions Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Synthomer plc, which may influence its climate commitments and reporting practices. OMNOVA's climate initiatives and reduction targets are inherited from its parent company, Synthomer plc, at a cascade level of 2. However, there are no documented reduction targets or specific climate pledges available for OMNOVA Solutions Inc. at this time. As part of the broader industry context, OMNOVA Solutions Inc. is expected to align with the sustainability goals set by Synthomer plc, which may include participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). These frameworks typically encourage companies to establish science-based emissions reduction targets and enhance transparency regarding their carbon footprints. In summary, while OMNOVA Solutions Inc. does not currently provide specific emissions data or reduction targets, its climate commitments are likely influenced by its relationship with Synthomer plc, which is actively engaged in sustainability efforts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 309,645,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 259,040,000 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,204,702,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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OMNOVA Solutions Inc.'s Scope 3 Categories Breakdown
OMNOVA Solutions Inc.'s Scope 3 emissions, which increased by 2% last year and decreased by approximately 17% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 88% of Scope 3 emissions.
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OMNOVA Solutions Inc.'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.
OMNOVA Solutions Inc. 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.
