Eastman
Eastman Chemical Company, commonly referred to as Eastman, is a leading global specialty materials company headquartered in the United States. Founded in 1920, Eastman has established a strong presence in various operational regions, including North America, Europe, and Asia. The company operates primarily within the chemical industry, focusing on innovative solutions in advanced materials, chemicals, and fibres. Eastman’s core products include specialty plastics, coatings, and additives, which are distinguished by their high performance and sustainability features. With a commitment to innovation, Eastman has achieved notable milestones, such as the development of sustainable alternatives to traditional materials. Recognised for its market leadership, Eastman continues to drive advancements in the industry, positioning itself as a trusted partner for customers seeking quality and innovation.
DitchCarbon Score
How does Eastman's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Eastman's score of 39 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eastman's reported carbon emissions
In 2023, Eastman reported total carbon emissions of approximately 5,526,585,000 kg CO2e for Scope 1 and about 1,011,020,000 kg CO2e for Scope 2 (market-based). Additionally, emissions from Scope 3, specifically business travel, amounted to approximately 7,330,000 kg CO2e. The combined total for Scope 1 and 2 emissions was about 6,537,605,000 kg CO2e. Eastman has set ambitious climate commitments, aiming for carbon neutrality in its Scope 1 and 2 greenhouse gas emissions by 2050. To achieve this, the company has established a near-term target to reduce these emissions by one-third by 2030, using 2017 as the baseline year. This represents a significant commitment to reducing absolute emissions, with a target reduction of approximately 33%. In previous years, Eastman has also made strides in emissions reduction, including a 20% reduction in greenhouse gas emissions from its Kingsport, Tennessee facility, which was completed in 2017. The company continues to focus on enhancing its sustainability practices and reducing its overall carbon footprint as part of its long-term strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,130,068,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,636,228,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Eastman is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
