In 2024, 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,200,000a | 1,400,000a | 1,900,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 3,100,000a | 3,100,000a | 3,400,000a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 183.4834a | 204.888a | 202.6407a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Olin amounted to 4,300,000 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 2023, the total operational greenhouse gas (GHG) emissions of Olin decreased by 4.44%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Olin were 1,200,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Olin's Scope 1 emissions have decreased by 45.45%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Olin's Scope 1 emissions decreased by 14.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Olin reported Scope 2 greenhouse gas (GHG) emissions of 3,100,000 tCO₂e without specifying the calculation method.a
Since 2020, Olin's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 18.42%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), 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
In 2024, Olin reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Olin reported Scope 1 greenhouse gas (GHG) emissions of 1,200,000 tCO₂e and total revenues of USD 6,540 millions. This translates into an emissions intensity of 183.48 tCO₂e per millions USD.a
In 2024, Olin reported a Scope 1 emissions intensity of 183.48 tCO₂e per millions USD. Compared to the peer group median of 534.23, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Olin ranked 7 out of 24 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