Orion
Orion Carbons, headquartered in Luxembourg (LU), is a leading player in the carbon materials industry, specialising in high-quality carbon products for various applications. Founded in 2005, the company has established a strong presence in Europe and beyond, focusing on innovative solutions that cater to the needs of diverse sectors, including energy, electronics, and manufacturing. Orion Carbons is renowned for its unique range of carbon-based materials, which are designed to enhance performance and sustainability. The company’s commitment to research and development has led to significant advancements in product quality and efficiency, positioning it as a trusted partner in the market. With a reputation for excellence and a dedication to customer satisfaction, Orion Carbons continues to achieve notable milestones, solidifying its status as a key player in the global carbon materials landscape.
DitchCarbon Score
How does Orion'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 Other Services 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
Orion's score of 49 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Orion's reported carbon emissions
In 2023, Orion reported total carbon emissions of approximately 3.5 billion kg CO2e, comprising 2.2 billion kg CO2e from Scope 1 and 1.3 billion kg CO2e from Scope 3 emissions, with no reported Scope 2 emissions. This marks a slight decrease in Scope 1 emissions from 2.3 billion kg CO2e in 2022, while Scope 3 emissions also saw a reduction from 1.4 billion kg CO2e in the previous year. Orion has set ambitious reduction targets, aiming for an 8% reduction in normalized Scope 1 GHG emissions intensity by 2029, using 2014 as the base year. Additionally, the company targets a 30% reduction in CO2 emissions from outbound freight by 2029, with 2019 as the baseline year. These initiatives reflect Orion's commitment to enhancing sustainability and reducing its carbon footprint in line with industry standards. With its headquarters in Luxembourg (LU), Orion continues to focus on improving its environmental performance while maintaining significant revenue, which was approximately USD 1.89 billion in 2023.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 2,727,716,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Orion 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.
