Ecovyst Inc., headquartered in the United States, is a leading provider of sustainable solutions in the specialty chemicals industry. Founded in 2018, the company has quickly established itself as a key player in the production of catalysts and engineered materials, primarily serving the refining, petrochemical, and renewable energy sectors. Ecovyst's innovative product offerings, including its proprietary catalyst technologies, are designed to enhance efficiency and reduce environmental impact, setting them apart in a competitive market. With a commitment to sustainability and operational excellence, the company has achieved significant milestones, positioning itself as a trusted partner for clients seeking advanced chemical solutions. As it continues to expand its operational footprint, Ecovyst remains dedicated to driving progress in the industry while prioritising eco-friendly practices.
How does Ecovyst'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.
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.
Ecovyst's score of 19 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ecovyst reported a greenhouse gas (GHG) emissions intensity of approximately 220.0 kg CO2e per tonne, reflecting their ongoing commitment to sustainability. This figure represents a decrease from 244.0 kg CO2e per tonne in 2022 and 226.0 kg CO2e per tonne in 2019, indicating a positive trend in reducing emissions intensity over the years. Ecovyst has set ambitious climate commitments, aiming for carbon neutrality by 2050 across both Scope 1 and Scope 2 emissions. In the near term, the company targets a significant reduction of 30% in Scope 1 and Scope 2 emissions from a 2020 baseline by 2030. Additionally, they are focused on reducing GHG intensity by 15% by 2025 and 25% by 2030, both from a 2018 baseline. To further enhance their sustainability efforts, Ecovyst is committed to optimising natural gas usage at their Ecoservices facilities, targeting a 10% reduction in natural gas consumption by 2030. These initiatives underscore Ecovyst's dedication to addressing climate change and minimising their carbon footprint as they work towards their long-term net-zero emissions goal.
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.
Ecovyst 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.