Axalta Coating Systems Ltd

Common Name
Axalta Coating Systems
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
12,700
Ticker
AXTA
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Axalta Coating Systems Ltd. is a global manufacturer and supplier of liquid and powder coatings. The company plays a vital role in the coatings industry by providing high-performance solutions that ar...

Axalta Coating Systems's Climate Target Data Preview

As of 2022, Axalta Coating Systems has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Axalta Coating Systems ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Axalta Coating Systems’s Climate Targets 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 Axalta Coating Systems’s data sources below and access millions more through our Disclosure Search.

a. Axalta Coating Systems's Sustainability Report 2022
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Insights into Axalta Coating Systems's Greenhouse Gas Emissions Pathways

As of 2022, Axalta Coating Systems has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Axalta Coating Systems have a target to reduce the emissions from its operations?

As of 2022, Axalta Coating Systems has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Axalta Coating Systems's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 170,900 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2022, Axalta Coating Systems is lagging behind on its operational emissions reduction target, having achieved 11.12% of the planned reduction. a

Axalta Coating Systems's Operational (Scope 1+2) Emissions Pathway

201920222030045 k90 k135 k180 kCurrent (-6%)Target 2030 (-50%)
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