Balchem Corp
Balchem's GHG Emissions Data Preview
In 2023, Balchem 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, Balchem has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| 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 | ||||
Market-Based | 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 |
Location-Based | 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.  | 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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Verified Sources Behind Balchem’s Greenhouse Gas (GHG) Emissions Data
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Insights into Balchem's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Balchem amounted to 70,700 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 2022, the total operational greenhouse gas (GHG) emissions of Balchem decreased by 5.98%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Balchem's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Balchem's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Balchem were 46,981 metric tons of CO₂ equivalent (tCO₂e). a
Has Balchem reduced its Scope 1 emissions over time?
Since 2021, Balchem's Scope 1 emissions have decreased by 9.48%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Balchem's Scope 1 emissions decreased by 5.28%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Balchem's Scope 2 emissions?
In 2023, Balchem reported Scope 2 greenhouse gas (GHG) emissions of 5,571 tCO₂e using the market-based method and 23,719 tCO₂e using the location-based method. a
Has Balchem reduced its Scope 2 emissions over time?
Since 2021, Balchem's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Balchem 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), Balchem's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Balchem 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Balchem use for Scope 2 reporting?
In 2023, Balchem reported its Scope 2 emissions using the market-based method and using the location-based method. a
Balchem's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Balchem's Value Chain Emissions
In 2023, Balchem reported 448,610 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 2023 disclosure of Balchem includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Balchem's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Balchem's Scope 3 emissions?
In 2023, Balchem reported total Scope 3 emissions of 448,610 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Balchem's Scope 3 emissions remained relatively stable, indicating that Balchem 's emissions have plateaued with no significant change in its value chain footprint. a
Insights into Balchem's Total Carbon Footprint
In 2023, Balchem reported a total carbon footprint of 519,310 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.96% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Balchem's total carbon footprint was Scope 3 emissions, accounting for 86.39% of the company's total carbon footprint, followed by Scope 1 emissions at 9.05%. a