OQ Chemicals GmbH Sustainability Profile
OQ Chemicals GmbH, a leading player in the chemical industry, is headquartered in Germany and operates extensively across Europe, the Americas, and Asia. Founded in 2000, the company has established itself as a key provider of high-quality chemical products, particularly in the fields of oxo alcohols and derivatives. OQ Chemicals is renowned for its innovative solutions that cater to various sectors, including coatings, plastics, and personal care. Their commitment to sustainability and efficiency sets them apart in a competitive market. With a strong focus on research and development, OQ Chemicals has achieved significant milestones, solidifying its position as a trusted partner for customers seeking reliable chemical solutions.
DitchCarbon Score
How does OQ Chemicals GmbH'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
OQ Chemicals GmbH's score of 14 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OQ Chemicals GmbH's reported carbon emissions
In 2023, OQ Chemicals GmbH reported total carbon emissions of approximately 626,293,000 kg CO2e, comprising 548,519,000 kg CO2e from Scope 1 and 78,774,000 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data for this year. In 2022, the total emissions were significantly higher at about 4,360,000,000 kg CO2e, with Scope 1 emissions at 604,489,000 kg CO2e, Scope 2 at 76,248,000 kg CO2e, and Scope 3 emissions reaching approximately 3,674,980,000 kg CO2e. This indicates a notable reduction in emissions from 2022 to 2023. OQ Chemicals GmbH is a current subsidiary of OQ SAOC, which influences its emissions reporting and climate commitments. However, the company has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s product-specific emissions are reported at about 25,000 kg CO2e per tonne of product produced, reflecting its operational impact. OQ Chemicals continues to focus on sustainability, although further details on specific reduction initiatives or commitments are not available.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 624,140,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 137,539,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | - |
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OQ Chemicals GmbH'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.
OQ Chemicals GmbH 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.
