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In 2024, Eastman Chemical 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).
Eastman Chemical has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofEastman Chemical amounted to7,451,593metric 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).ab
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Eastman Chemicalincreased by 6.04%, suggesting that the company faced challenges in reducing its emissions from its core operations.abc
In 2024, the total Scope 1 emissions of Eastman Chemical were 6,579,760 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Eastman Chemical's Scope 1 emissions have increased by 28.26%, reflecting a rising long-term trend in Scope 1 emissions over time.ae
Compared to the previous year(2023), Eastman Chemical's Scope 1 emissions increased by 10.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Eastman Chemical reported Scope 2 greenhouse gas (GHG) emissions of 371,443 tCOâ‚‚e using the market-based method and 871,833 tCOâ‚‚e using the location-based method.ab
Compared to the previous year(2023), Eastman Chemical's Scope 2 emissions(Location-Based) fell by 16.81% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.bc
In 2024, Eastman Chemical reported its Scope 2 emissions using the market-based method and using the location-based method.ab
In 2024, Eastman Chemical reported 9,385,358 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 2024 disclosure of Eastman Chemical includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Eastman Chemical reported total Scope 3 emissions of 9,385,358 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Eastman Chemical's Scope 3 emissionshave increased by 26.41%, reflecting a rising long-term trend in Scope 3 emissions over time.ae
Compared to the previous year (2023), Eastman Chemical's Scope 3 emissions remained relatively stable, indicating that Eastman Chemical's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Eastman Chemical reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Eastman Chemical's Scope 3 emissions were:a
In 2024, Eastman Chemical reported Scope 1 greenhouse gas (GHG) emissions of 6,579,760 tCOâ‚‚e and total revenues of USD 9,382 millions. This translates into an emissions intensity of 701.32 tCOâ‚‚e per millions USD.a
In 2024, Eastman Chemical reported a Scope 1 emissions intensity of 701.32 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
In 2024, Eastman Chemical ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Eastman Chemical among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Eastman Chemical reported a total carbon footprint of 16,836,951 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.56% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.abc
The largest contributor to Eastman Chemical's total carbon footprint was Scope 3 emissions, accounting for 55.74% of the company's total carbon footprint, followed by Scope 1 emissions at 39.08%.a