Stepan Co

Common Name
Stepan
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
2,396
Ticker
SCL
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Stepan Company, a leading name in the chemical industry, manufactures and sells specialty and intermediate chemicals on a global scale. Focusing on surfactants, polymers, and specialty products, Stepa...

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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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Verified Sources Behind Stepan’s Greenhouse Gas (GHG) Emissions Data

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a. Stepan's ESG Data Spreadsheet 2023
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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

201820192020202120222023050 k100 k150 k200 ktCO2e+1%-3%+24%+6%-1%
  • 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

201820192020202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
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