Stepan Co
Stepan's GHG Emissions Data Preview
In 2023, Stepan 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, Stepan 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.  | 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Stepan’s Greenhouse Gas (GHG) Emissions Data
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Insights into Stepan's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Stepan amounted to 297,290 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 Stepan increased by 0.39%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Stepan's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Stepan's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Stepan were 184,050 metric tons of CO₂ equivalent (tCO₂e). a
Has Stepan reduced its Scope 1 emissions over time?
Since 2018, Stepan's Scope 1 emissions have increased by 28.29%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Stepan's Scope 1 emissions decreased by 1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Stepan's Scope 2 emissions?
In 2023, Stepan reported Scope 2 greenhouse gas (GHG) emissions of 62,930 tCO₂e using the market-based method and 113,240 tCO₂e using the location-based method. a
Has Stepan reduced its Scope 2 emissions over time?
Since 2018, Stepan's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 17.67%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Stepan's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Stepan 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Stepan use for Scope 2 reporting?
In 2023, Stepan reported its Scope 2 emissions using the market-based method and using the location-based method. a
Stepan's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Stepan’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Stepan reported Scope 1 greenhouse gas (GHG) emissions of 184,050 tCO₂e and total revenues of USD 2,326 millions. This translates into an emissions intensity of 79.14 tCO₂e per millions USD. a
Stepan's Scope 1 Emissions Intensity Compared to Peers
How does Stepan's GHG emissions intensity compare to its peers?
In 2023, Stepan reported a Scope 1 emissions intensity of 79.14 tCO₂e per millions USD. Compared to the peer group median of 61.26 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Stepan rank on GHG emissions intensity within its industry?
In 2023, Stepan ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Stepan is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a