Olin Corp

Common Name
Olin
Country
United States
Sector
Basic Materials
Industry
Chemicals
Employees
7,676
Ticker
OLN
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Olin Corporation is a major player in the chemicals and ammunition industries, known for its production of chemicals and ammunition. As a leading manufacturer, Olin specializes in chlor-alkali product...

Olin's GHG Emissions Data Preview

In 2023, Olin 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) and Scope 2 (indirect emissions from purchased energy).

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

Metric (tCO2e)2023202220212020 - 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 Olin’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 Olin’s data sources below and access millions more through our Disclosure Search.

a. Olin's ESG Data Spreadsheet 2023
a. Olin's ESG Data Spreadsheet 2023
b. Olin's Sustainability Report 2020
b. Olin's Sustainability Report 2020

Insights into Olin's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Olin amounted to 4,500,000 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 Olin decreased by 15.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Olin's Scope 1 Emissions Over Time

20182019202220230650 k1.3 M1.95 M2.6 MtCO2e-12%-14%-26%
  • Total Scope 1
  • Year-over-Year Change

What are Olin's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Olin were 1,400,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Olin reduced its Scope 1 emissions over time?

Since 2018, Olin's Scope 1 emissions have decreased by 44.22%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Olin's Scope 1 emissions decreased by 26.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Olin's Scope 2 emissions?

In 2023, Olin reported Scope 2 greenhouse gas (GHG) emissions of 3,100,000 tCO₂e without specifying the calculation method. a

Has Olin reduced its Scope 2 emissions over time?

Since 2018, Olin's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 26.1%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Olin's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Olin 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Olin use for Scope 2 reporting?

In 2023, Olin reported its Scope 2 emissions using an unspecified methodology. a

Olin's Scope 2 Emissions Over Time

201820192022202301.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Olin’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Olin reported Scope 1 greenhouse gas (GHG) emissions of 1,400,000 tCO₂e and total revenues of USD 6,833 millions. This translates into an emissions intensity of 204.89 tCO₂e per millions USD. a

Olin's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Element SolutionsYear: 2024Scope 1: 11,115 tCO2eRevenue: $M 2,457Scope 1 Intensity: 4.52 tCO2e/$MCompass Minerals InternationalYear: 2024Scope 1: 223,532 tCO2eRevenue: $M 1,117Scope 1 Intensity: 200.05 tCO2e/$MGreen PlainsYear: 2023Scope 1: 1,205,000 tCO2eRevenue: $M 3,296Scope 1 Intensity: 365.62 tCO2e/$MSouthern CopperYear: 2024Scope 1: 2,040,000 tCO2eRevenue: $M 11,433Scope 1 Intensity: 178.42 tCO2e/$MKnife RiverYear: 2024Scope 1: 384,493 tCO2eRevenue: $M 2,899Scope 1 Intensity: 132.63 tCO2e/$MSensient TechnologiesYear: 2024Scope 1: 163,544 tCO2eRevenue: $M 1,557Scope 1 Intensity: 105.02 tCO2e/$MAir Products and ChemicalsYear: 2023Scope 1: 16,400,000 tCO2eRevenue: $M 12,600Scope 1 Intensity: 1,301.59 tCO2e/$MHuntsmanYear: 2024Scope 1: 215,291 tCO2eRevenue: $M 6,036Scope 1 Intensity: 35.67 tCO2e/$MCleveland-CliffsYear: 2023Scope 1: 27,900,000 tCO2eRevenue: $M 21,996Scope 1 Intensity: 1,268.41 tCO2e/$MSteel DynamicsYear: 2023Scope 1: 2,750,371 tCO2eRevenue: $M 18,795Scope 1 Intensity: 146.33 tCO2e/$MCelaneseYear: 2023Scope 1: 2,469,310 tCO2eRevenue: $M 10,940Scope 1 Intensity: 225.71 tCO2e/$MCommercial MetalsYear: 2024Scope 1: 1,038,806 tCO2eRevenue: $M 7,926Scope 1 Intensity: 131.06 tCO2e/$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: $M 15,794Scope 1 Intensity: 404.14 tCO2e/$MMosaicYear: 2023Scope 1: 3,500,000 tCO2eRevenue: $M 13,696Scope 1 Intensity: 255.55 tCO2e/$MBalchemYear: 2023Scope 1: 46,981 tCO2eRevenue: $M 922Scope 1 Intensity: 50.93 tCO2e/$MDowYear: 2024Scope 1: 26,630,000 tCO2eRevenue: $M 42,964Scope 1 Intensity: 619.82 tCO2e/$MMartin Marietta MaterialsYear: 2024Scope 1: 2,900,000 tCO2eRevenue: $M 6,536Scope 1 Intensity: 443.70 tCO2e/$MIFFYear: 2023Scope 1: 694,072 tCO2eRevenue: $M 11,479Scope 1 Intensity: 60.46 tCO2e/$MOlinYear: 2023Scope 1: 1,400,000 tCO2eRevenue: $M 6,833Scope 1 Intensity: 204.89 tCO2e/$M

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

In 2023, Olin reported a Scope 1 emissions intensity of 204.89 tCO₂e per millions USD. Compared to the peer group median of 146.33 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Olin rank on GHG emissions intensity within its industry?

In 2023, Olin ranked 14 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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