Sovereign Specialty Chemicals, Inc. Sustainability Profile
Sovereign Specialty Chemicals, Inc., a leading player in the specialty chemicals industry, is headquartered in the United States and operates across various key regions. Founded in 2005, the company has established itself as a trusted provider of innovative chemical solutions, focusing on sectors such as coatings, adhesives, and sealants. Sovereign's core product offerings include high-performance resins and additives, which are distinguished by their superior quality and sustainability features. The company has achieved significant milestones, including expanding its product line and enhancing its market presence through strategic partnerships. With a commitment to excellence and customer satisfaction, Sovereign Specialty Chemicals continues to solidify its position as a preferred supplier in the specialty chemicals market.
DitchCarbon Score
How does Sovereign Specialty Chemicals, 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 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
Sovereign Specialty Chemicals, Inc.'s score of 64 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sovereign Specialty Chemicals, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Henkel AG & Co. KGaA, and as such, it inherits emissions data and climate commitments from its parent organisation. Sovereign Specialty Chemicals is aligned with Henkel's sustainability initiatives, which include various climate commitments and reduction targets. However, specific reduction targets or achievements for Sovereign Specialty Chemicals have not been disclosed. The company participates in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from Henkel AG & Co. KGaA. While no absolute emissions figures are provided, the commitment to sustainability and climate action is evident through its affiliation with Henkel, which actively pursues strategies to reduce its carbon footprint and enhance environmental performance.
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| 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 317,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 334,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 755,000,000 | - | - | - | - | - | - | - | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Sovereign Specialty Chemicals, Inc.'s Industry?
How Carbon Intensive is Sovereign Specialty Chemicals, Inc.'s Location?
Sovereign Specialty Chemicals, Inc.'s Scope 3 Categories Breakdown
Sovereign Specialty Chemicals, Inc.'s Scope 3 emissions, which increased by 16% last year and increased significantly since 2012, 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 "Purchased Goods and Services" being the largest emissions source at 30% of Scope 3 emissions.
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Sovereign Specialty Chemicals, 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.
Sovereign Specialty Chemicals, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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