Wanhua Chemical
Wanhua Chemical Group Co., Ltd., commonly referred to as Wanhua Chemical, is a leading global player in the chemical industry, headquartered in China (CN). Established in 1998, the company has rapidly expanded its operations across Asia, Europe, and North America, solidifying its position as a key manufacturer of polyurethanes and specialty chemicals. Wanhua Chemical is renowned for its innovative core products, including MDI (methylene diphenyl diisocyanate) and various polyurethane systems, which are distinguished by their high performance and sustainability. The company has achieved significant milestones, such as becoming one of the largest MDI producers worldwide, reflecting its commitment to quality and technological advancement. With a strong market presence and a focus on research and development, Wanhua Chemical continues to drive growth and innovation in the chemical sector.
DitchCarbon Score
How does Wanhua Chemical'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
Wanhua Chemical's score of 14 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Wanhua Chemical's reported carbon emissions
In 2023, Wanhua Chemical reported total carbon emissions of approximately 32,570,000,000 kg CO2e, comprising about 21,830,000,000 kg CO2e from Scope 1 and about 10,740,000,000 kg CO2e from Scope 2 emissions. This marks a significant increase from previous years, with total emissions in 2022 at about 30,070,000,000 kg CO2e, which included approximately 20,060,000,000 kg CO2e from Scope 1 and about 10,010,000,000 kg CO2e from Scope 2. Over the years, Wanhua Chemical's emissions have shown a general upward trend, with total emissions recorded at about 26,890,000,000 kg CO2e in 2021, approximately 19,859,999,000 kg CO2e in 2020, and around 18,149,959,000 kg CO2e in 2019. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. Wanhua Chemical's emissions intensity has varied, with a reported carbon emission intensity of about 41,000 kg CO2e per tonne in 2022. The company operates in a sector that is increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear and ambitious climate goals to align with global sustainability efforts.
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Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 9,339,145,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 5,275,678,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Wanhua Chemical is not committed to any reduction initiatives 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.
