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Ashland Inc
Ashland Inc's GHG Emissions Data Preview
In 2023, 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).
Ashland Inc has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Ashland Inc’s Greenhouse Gas (GHG) Emissions Data
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Insights into Ashland Inc's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofAshland Inc amounted to510,656.5metric 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 2022, the total operational greenhouse gas (GHG) emissions of Ashland Incdecreased by 11.16%, 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
- Total Scope 1
- Year-over-Year Change
What are Ashland Inc's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Ashland Inc were 288,175.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Ashland Inc reduced its Scope 1 emissions over time?
Since 2019, Ashland Inc's Scope 1 emissions have decreased by 30.24%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2022), Ashland Inc's Scope 1 emissions decreased by 13.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Ashland Inc's Scope 2 emissions?
In 2023, Ashland Inc reported Scope 2 greenhouse gas (GHG) emissions of 222,480.8 tCOâ‚‚e without specifying the calculation method.a
Has Ashland Inc reduced its Scope 2 emissions over time?
Since 2019, Ashland Inc's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 23%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2022), 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 2023, Ashland Inc reported its Scope 2 emissions using an unspecified methodology.a
Ashland Inc's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Ashland Inc's Value Chain Emissions
In 2023, Ashland Inc reported 727,738.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Ashland Inc includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Ashland Inc's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Ashland Inc's Scope 3 emissions?
In 2023, Ashland Inc reported total Scope 3 emissions of 727,738.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 78.15%of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.85%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Ashland Inc reduced its Scope 3 emissions over time?
Since 2019, Ashland Inc's Scope 3 emissionshave decreased by 49.67%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), Ashland Inc's Scope 3 emissions decreased by 14.2%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Ashland Inc disclose?
In 2023, Ashland Inc reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Ashland Inc's Scope 3 emissions?
In 2023, the largest contributors to Ashland Inc's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 363,058 tCOâ‚‚e(49.89%)
- End-of-Life Treatment of Sold Products (Cat. 12): 151,862 tCOâ‚‚e(20.87%)
- Fuel- and Energy-Related Services (Cat. 3): 89,028 tCOâ‚‚e(12.23%)
Ashland Inc's Scope 3 Emissions by Categories
Insights into Ashland Inc’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Ashland Inc reported Scope 1 greenhouse gas (GHG) emissions of 288,175.7 tCOâ‚‚e and total revenues of USD 2,191 millions. This translates into an emissions intensity of 131.53 tCOâ‚‚e per millions USD.a
Ashland Inc's Scope 1 Emissions Intensity Compared to Peers
How does Ashland Inc's GHG emissions intensity compare to its peers?
In 2023, Ashland Inc reported a Scope 1 emissions intensity of 131.53 tCOâ‚‚e per millions USD. Compared to the peer group median of 50.93, 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 2023, Ashland Inc ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2023, Ashland Inc reported a total carbon footprint of 1,238,394.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.97% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Ashland Inc's total carbon footprint was Scope 3 emissions, accounting for 58.76% of the company's total carbon footprint, followed by Scope 1 emissions at 23.27%.a