Innospec
Innospec Inc., a leading global specialty chemicals company, is headquartered in the United States and operates across key regions including Europe and Asia. Founded in 1998, Innospec has established itself within the chemical industry, focusing on innovative solutions in personal care, fuel additives, and oilfield services. The company is renowned for its unique product offerings, which include high-performance surfactants and specialty additives that enhance product efficacy and sustainability. Innospec's commitment to quality and innovation has positioned it as a trusted partner in various markets, earning notable achievements such as industry awards for its environmentally friendly practices. With a strong emphasis on research and development, Innospec continues to drive advancements that meet the evolving needs of its diverse clientele.
DitchCarbon Score
How does Innospec'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
Innospec's score of 33 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Innospec's reported carbon emissions
Innospec's carbon emissions data for 2023 indicates a total of approximately 2,063,030,000 kg CO2e, comprising 25,969,000 kg CO2e from Scope 1, 53,899,000 kg CO2e from Scope 2, and a significant 1,983,162,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its greenhouse gas emissions, aiming for a 10% reduction in Scope 1 and Scope 2 emissions by the end of 2030, based on a 2020 baseline. This commitment is part of a broader strategy to achieve net zero emissions by 2050, aligning with the Paris Climate Agreement. Innospec has reported a cumulative reduction of 52% in operational greenhouse gas emissions since its 2006 baseline, demonstrating a strong commitment to sustainability. The company has also achieved a 46% reduction in Scope 1 and 2 emissions compared to 2019 levels, primarily through sourcing 100% renewable electricity for its manufacturing sites. For 2024, Innospec's emissions per metric tonne of product are projected at approximately 163,000 kg CO2e, reflecting ongoing efforts to improve efficiency and reduce carbon intensity. The company continues to evaluate options to enhance its sustainability initiatives and meet its long-term climate commitments.
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| 2017 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 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.
Innospec 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.
