Venator Materials PLC Sustainability Profile
Venator Materials PLC, a leading global provider of titanium dioxide and performance additives, is headquartered in Great Britain. Founded in 2017, the company has quickly established itself in the specialty chemicals industry, focusing on innovative solutions for various sectors, including coatings, plastics, and personal care. With major operational regions across Europe, North America, and Asia, Venator offers a diverse portfolio of core products, including high-performance titanium dioxide pigments and functional additives. These products are distinguished by their superior quality and sustainability, catering to the evolving needs of customers worldwide. Recognised for its commitment to innovation and environmental responsibility, Venator has achieved significant milestones in product development and market expansion, solidifying its position as a trusted partner in the materials sector.
DitchCarbon Score
How does Venator Materials PLC'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
Venator Materials PLC's score of 21 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Venator Materials PLC's reported carbon emissions
In 2023, Venator Materials PLC reported total carbon emissions of approximately 190,605,000 kg CO2e from its operations in Great Britain. This figure includes about 172,857,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 17,748,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Comparatively, in 2022, the company’s emissions in Great Britain were about 208,822,000 kg CO2e, indicating a reduction of approximately 18,217,000 kg CO2e year-on-year. This reduction reflects Venator's ongoing commitment to improving its environmental performance. Globally, Venator's total emissions for 2023 reached approximately 986,012,000 kg CO2e, with Scope 1 emissions at about 700,076,000 kg CO2e and Scope 2 emissions at approximately 285,936,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, Venator has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of formal reduction targets suggests a need for further development in their climate strategy. Overall, Venator Materials PLC's emissions data highlights both the scale of its carbon footprint and the potential for further improvements in sustainability practices.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,029,364,000 | - | - | - |
How Carbon Intensive is Venator Materials PLC's Industry?
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Venator Materials PLC'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.
Venator Materials PLC 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.
