Venator Materials PLC, commonly referred to as Venator, is a leading global provider of titanium dioxide and performance additives. Headquartered in the United States, the company operates extensively across Europe, Asia, and the Americas, serving a diverse range of industries including coatings, plastics, and cosmetics. Founded in 2017, Venator has quickly established itself as a key player in the specialty chemicals sector, focusing on innovative solutions that enhance product performance. The company’s core offerings include high-quality titanium dioxide pigments and a variety of functional additives, distinguished by their superior quality and sustainability. Venator's commitment to innovation and customer satisfaction has positioned it as a trusted partner in the market, achieving notable milestones such as significant advancements in eco-friendly product development. With a strong emphasis on research and development, Venator continues to lead the way in delivering unique solutions tailored to meet the evolving needs of its clients.
How does Venator'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.
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.
Venator's score of 29 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Venator reported total carbon emissions of approximately 700,076,000 kg CO2e for Scope 1 and about 289,951,000 kg CO2e for Scope 2, resulting in a combined total of approximately 986,012,000 kg CO2e for these two scopes. This marks a significant reduction from 2022, when the company emitted about 914,927,000 kg CO2e in Scope 1 and approximately 269,049,000 kg CO2e in Scope 2, totalling around 1,183,976,000 kg CO2e. Venator has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the baseline year. This commitment is part of a broader strategy to achieve net zero emissions by 2050. The company anticipates that plant capacity will increase while energy consumption and CO2 emissions per kilogram of manufactured product will decrease by 7% during this period, equating to a reduction of approximately 750 tonnes of CO2 emissions. As of now, Venator has not disclosed any Scope 3 emissions data. The company's climate initiatives reflect a proactive approach to sustainability, aligning with industry standards and expectations for reducing greenhouse gas emissions.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | 000,000,000 | 000,000,000 |
Scope 2 | - | - | 000,000,000 | 000,000,000 |
Scope 3 | 2,586,516,000 | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Venator is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.