Venator Sustainability Profile
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.
DitchCarbon Score
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.
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'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's reported carbon emissions
In 2023, Venator reported total carbon emissions of approximately 986,012,000 kg CO2e, comprising about 700,076,000 kg CO2e from Scope 1 and about 289,951,000 kg CO2e from Scope 2. This marked a decrease from 2022, where total emissions were about 1,183,976,000 kg CO2e (914,927,000 kg CO2e from Scope 1 and 269,049,000 kg CO2e from Scope 2). In 2021, the total emissions were significantly higher at about 1,870,900,000 kg CO2e for Scope 1 and 2 combined. 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 target is part of a broader strategy to achieve net zero emissions by 2050. The company has also committed to reducing energy consumption and CO2 emissions per kilogram of manufactured product by 7% by 2025, which translates to a reduction of approximately 750 tonnes CO2e based on current production volumes. Venator's emissions data is not cascaded from any parent organisation, indicating that the reported figures are solely from its own operations. The company continues to focus on enhancing sustainability practices while addressing its carbon footprint in the chemical manufacturing sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Venator's Industry?
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Venator'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 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.
