Eastman Chemical Co 2024 SR
The report highlights Eastman's significant progress in its circular economy strategy, notably the commencement of operations at the world's largest material-to-material molecular recycling facility in Kingsport, Tennessee. The company achieved a 22.3% reduction in Scope 1 and 2 greenhouse gas emissions compared to its 2017 baseline, moving toward its 2030 goal of a one-third reduction and 2050 net-zero target. Eastman also announced plans for a second molecular recycling plant in Longview, Texas, supported by a $375 million Department of Energy grant, and a third facility in France. Furthermore, the company aligned 88% of its growth R&D spend with sustainability macro trends and maintained a strong focus on inclusion and diversity, reporting 38% gender parity in leadership.
Company: Eastman Chemical Co
Sector: Materials
Country: United States
Year: 2024
Type: SR
Pages: 123
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Eastman Chemical Co
Sustainability Report
The report highlights Eastman's significant progress in its circular economy strategy, notably the commencement of operations at the world's largest material-to-material molecular recycling facility in Kingsport, Tennessee. The company achieved a 22.3% reduction in Scope 1 and 2 greenhouse gas emissions compared to its 2017 baseline, moving toward its 2030 goal of a one-third reduction and 2050 net-zero target. Eastman also announced plans for a second molecular recycling plant in Longview, Texas, supported by a $375 million Department of Energy grant, and a third facility in France. Furthermore, the company aligned 88% of its growth R&D spend with sustainability macro trends and maintained a strong focus on inclusion and diversity, reporting 38% gender parity in leadership.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Aug 13, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees