Redox Ltd Sustainability Profile
Redox Ltd, a leading player in the chemical distribution industry, is headquartered in Australia and operates across key regions including Asia-Pacific and North America. Founded in 2014, the company has rapidly established itself as a trusted partner for various sectors, including agriculture, food and beverage, and pharmaceuticals. Redox Ltd offers a diverse range of products and services, specialising in the supply of chemicals, raw materials, and logistics solutions. What sets them apart is their commitment to sustainability and innovation, ensuring that clients receive high-quality, environmentally responsible products. With a strong market position, Redox Ltd has achieved significant milestones, including strategic partnerships and a robust supply chain network, making it a preferred choice for businesses seeking reliable chemical solutions.
DitchCarbon Score
How does Redox Ltd'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
Redox Ltd's score of 23 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Redox Ltd's reported carbon emissions
In 2023, Redox Ltd reported total carbon emissions of approximately 157,940,000 kg CO2e. This figure includes Scope 1 emissions of about 516,000 kg CO2e, Scope 2 emissions of approximately 1,322,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 156,414,000 kg CO2e. Notably, the largest components of Scope 3 emissions were upstream transportation and distribution, accounting for about 143,441,000 kg CO2e, and purchased goods and services, which contributed approximately 4,287,000 kg CO2e. Comparatively, in 2022, Redox's total emissions were about 175,026,000 kg CO2e, with Scope 1 at 434,000 kg CO2e, Scope 2 at 1,434,000 kg CO2e, and Scope 3 at approximately 173,458,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Redox has set ambitious climate commitments, aiming for carbon neutrality by 2030 across both Scope 1 and Scope 2 emissions. This commitment reflects a proactive approach to addressing climate change and aligns with industry standards for sustainability. The company is currently in the early stages of this initiative, having started its journey towards these targets in 2023. Overall, Redox Ltd is actively working to reduce its carbon footprint and enhance its sustainability practices, demonstrating a commitment to environmental responsibility in the chemical distribution sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 538,000 | 000,000 | 000,000 |
| Scope 2 | 329,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 149,217,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Redox Ltd's Industry?
How Carbon Intensive is Redox Ltd's Location?
Redox Ltd's Scope 3 Categories Breakdown
Redox Ltd's Scope 3 emissions, which decreased by 10% last year and increased by approximately 5% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 92% of Scope 3 emissions.
Top Scope 3 Categories
Redox Ltd'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.
Redox Ltd 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.
