Ashland Inc

Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
2,900
Ticker
ASH
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Ashland Inc., a specialty chemicals company, plays a pivotal role in the global chemical industry by providing innovative and sustainable solutions across diverse sectors. The primary function of Ashl...

Ashland Inc's GHG Emissions Data Preview

In 2021, Ashland Inc completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Ashland Inc has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2021202020192018 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Ashland Inc’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Ashland Inc’s data sources below and access millions more through our Disclosure Search.

a. Ashland Inc's ESG Report 2021
a. Ashland Inc's ESG Report 2021
b. Ashland Inc's Sustainability Report 2020
b. Ashland Inc's Sustainability Report 2020

Insights into Ashland Inc's Operational Emissions

In 2021, the total operational greenhouse gas (GHG) emissions of Ashland Inc amounted to 579,042.4 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2020, the total operational greenhouse gas (GHG) emissions of Ashland Inc decreased by 2.33%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Ashland Inc's Scope 1 Emissions Over Time

20182019202020210150 k300 k450 k600 ktCO2e-12%-19%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Ashland Inc's Scope 1 emissions?

In 2021, the total Scope 1 emissions of Ashland Inc were 332,256.4 metric tons of CO₂ equivalent (tCO₂e). a

Has Ashland Inc reduced its Scope 1 emissions over time?

Since 2018, Ashland Inc's Scope 1 emissions have decreased by 28.91%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2020), Ashland Inc's Scope 1 emissions remained relatively stable, indicating that Ashland Inc's emissions have plateaued with no significant change in its operational footprint. a

What are Ashland Inc's Scope 2 emissions?

In 2021, Ashland Inc reported Scope 2 greenhouse gas (GHG) emissions of 246,786 tCO₂e without specifying the calculation method. a

Has Ashland Inc reduced its Scope 2 emissions over time?

Since 2018, Ashland Inc's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 62.25%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2020), Ashland Inc's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Ashland Inc 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Ashland Inc use for Scope 2 reporting?

In 2021, Ashland Inc reported its Scope 2 emissions using an unspecified methodology. a

Ashland Inc's Scope 2 Emissions Over Time

20182019202020210200 k400 k600 k800 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Ashland Inc's Value Chain Emissions

In 2021, Ashland Inc reported 682,232 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2021 disclosure of Ashland Inc includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2020, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Ashland Inc's Scope 3 Emissions Over Time

20182019202020210500 k1 M1.5 M2 MtCO2e-21%-57%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Ashland Inc's Scope 3 emissions?

In 2021, Ashland Inc reported total Scope 3 emissions of 682,232 metric tons of CO₂ equivalent (tCO₂e). a

Has Ashland Inc reduced its Scope 3 emissions over time?

Since 2018, Ashland Inc's Scope 3 emissions have decreased by 62.87%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2020), Ashland Inc's Scope 3 emissions remained relatively stable, indicating that Ashland Inc 's emissions have plateaued with no significant change in its value chain footprint. a

Insights into Ashland Inc’s GHG Emissions Intensity Compared to Industry Peers

In 2021, Ashland Inc reported Scope 1 greenhouse gas (GHG) emissions of 332,256.4 tCO₂e and total revenues of USD 2,111 millions. This translates into an emissions intensity of 157.39 tCO₂e per millions USD. a

Ashland Inc's Scope 1 Emissions Intensity Compared to Peers

1005,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)Koppers HoldingsYear: 2024Scope 1: 341,773 tCO2eRevenue: $M 2,092Scope 1 Intensity: 163.36 tCO2e/$MElement SolutionsYear: 2024Scope 1: 11,115 tCO2eRevenue: $M 2,457Scope 1 Intensity: 4.52 tCO2e/$MEastman ChemicalYear: 2023Scope 1: 5,526,585 tCO2eRevenue: $M 9,210Scope 1 Intensity: 600.06 tCO2e/$MCompass Minerals InternationalYear: 2024Scope 1: 223,532 tCO2eRevenue: $M 1,117Scope 1 Intensity: 200.05 tCO2e/$MWD-40Year: 2023Scope 1: 418 tCO2eRevenue: $M 537Scope 1 Intensity: 0.78 tCO2e/$MDupont De NemoursYear: 2023Scope 1: 739,337 tCO2eRevenue: $M 12,068Scope 1 Intensity: 61.26 tCO2e/$MPPG IndustriesYear: 2023Scope 1: 420,000 tCO2eRevenue: $M 18,246Scope 1 Intensity: 23.02 tCO2e/$MSensient TechnologiesYear: 2024Scope 1: 163,544 tCO2eRevenue: $M 1,557Scope 1 Intensity: 105.02 tCO2e/$MMinerals TechnologiesYear: 2023Scope 1: 351,590 tCO2eRevenue: $M 2,170Scope 1 Intensity: 162.03 tCO2e/$MAir Products and ChemicalsYear: 2023Scope 1: 16,400,000 tCO2eRevenue: $M 12,600Scope 1 Intensity: 1,301.59 tCO2e/$MIngevityYear: 2021Scope 1: 252,925 tCO2eRevenue: $M 1,391Scope 1 Intensity: 181.76 tCO2e/$MAlbemarleYear: 2024Scope 1: 753,000 tCO2eRevenue: $M 5,378Scope 1 Intensity: 140.03 tCO2e/$MCabotYear: 2023Scope 1: 3,700,000 tCO2eRevenue: $M 3,931Scope 1 Intensity: 941.24 tCO2e/$MSherwin-WilliamsYear: 2024Scope 1: 439,037 tCO2eRevenue: $M 23,098Scope 1 Intensity: 19.01 tCO2e/$MEcolabYear: 2024Scope 1: 270,090 tCO2eRevenue: $M 15,741Scope 1 Intensity: 17.16 tCO2e/$MInnospecYear: 2023Scope 1: 53,899 tCO2eRevenue: $M 1,949Scope 1 Intensity: 27.66 tCO2e/$MChemoursYear: 2023Scope 1: 3,572,000 tCO2eRevenue: $M 6,027Scope 1 Intensity: 592.67 tCO2e/$MHawkinsYear: 2023Scope 1: 34,033 tCO2eRevenue: $M 935Scope 1 Intensity: 36.40 tCO2e/$MQuaker ChemicalYear: 2023Scope 1: 25,000 tCO2eRevenue: $M 1,953Scope 1 Intensity: 12.80 tCO2e/$MH.B. FullerYear: 2019Scope 1: 77,629 tCO2eRevenue: $M 2,897Scope 1 Intensity: 26.80 tCO2e/$MAvientYear: 2023Scope 1: 33,384 tCO2eRevenue: $M 3,143Scope 1 Intensity: 10.62 tCO2e/$MWestlakeYear: 2022Scope 1: 6,382,917 tCO2eRevenue: $M 15,794Scope 1 Intensity: 404.14 tCO2e/$MBalchemYear: 2023Scope 1: 46,981 tCO2eRevenue: $M 922Scope 1 Intensity: 50.93 tCO2e/$MStepanYear: 2023Scope 1: 184,050 tCO2eRevenue: $M 2,326Scope 1 Intensity: 79.14 tCO2e/$MIFFYear: 2023Scope 1: 694,072 tCO2eRevenue: $M 11,479Scope 1 Intensity: 60.46 tCO2e/$MAshland IncYear: 2021Scope 1: 332,256 tCO2eRevenue: $M 2,111Scope 1 Intensity: 157.39 tCO2e/$M

How does Ashland Inc's GHG emissions intensity compare to its peers?

In 2021, Ashland Inc reported a Scope 1 emissions intensity of 157.39 tCO₂e per millions USD. Compared to the peer group median of 61.26 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Ashland Inc rank on GHG emissions intensity within its industry?

In 2021, Ashland Inc ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Ashland Inc is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Ashland Inc's Total Carbon Footprint

In 2021, Ashland Inc reported a total carbon footprint of 1,261,274.4 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.46% increase compared to 2020, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Ashland Inc's total carbon footprint was Scope 3 emissions, accounting for 54.09% of the company's total carbon footprint, followed by Scope 1 emissions at 26.34%. a

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