In 2024, Sherwin-Williams 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).
Sherwin-Williams has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 439,037a | 434,541a | 427,035a | |
Total Scope 2 | ||||
Market-Based | 168,269a | 265,782a | 278,837a | |
Location-Based | 256,937a | 265,782a | 278,837a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 17,058,473a | 7,515,404b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 19.0072a | 18.8506a | 19.2802a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Sherwin-Williams amounted to 695,974 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 Sherwin-Williams decreased by 0.62%, 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 Sherwin-Williams were 439,037 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Sherwin-Williams's Scope 1 emissions have increased by 10.28%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Sherwin-Williams's Scope 1 emissions increased by 1.03%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Sherwin-Williams reported Scope 2 greenhouse gas (GHG) emissions of 168,269 tCO₂e using the market-based method and 256,937 tCO₂e using the location-based method.a
Compared to the previous year (2023), Sherwin-Williams's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Sherwin-Williams's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Sherwin-Williams reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Sherwin-Williams reported 17,058,473 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 2024 disclosure of Sherwin-Williams includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Sherwin-Williams reported total Scope 3 emissions of 17,058,473 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 45.78% of these emissions originated from upstream activities such as purchased goods and capital goods, while 54.22% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Sherwin-Williams's Scope 3 emissions have increased by 97,494.1%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Sherwin-Williams's Scope 3 emissions increased by 126.98%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Sherwin-Williams reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Sherwin-Williams's Scope 3 emissions were:a
In 2024, Sherwin-Williams reported Scope 1 greenhouse gas (GHG) emissions of 439,037 tCO₂e and total revenues of USD 23,098 millions. This translates into an emissions intensity of 19.01 tCO₂e per millions USD.a
In 2024, Sherwin-Williams reported a Scope 1 emissions intensity of 19.01 tCO₂e per millions USD. Compared to the peer group median of 64.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Sherwin-Williams ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Sherwin-Williams is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Sherwin-Williams reported a total carbon footprint of 17,754,447 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 116.1% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Sherwin-Williams's total carbon footprint was Scope 3 emissions, accounting for 96.08% of the company's total carbon footprint, followed by Scope 1 emissions at 2.47%.a