Ecolab

Specialty Chemicals
ECL
$ 225 1.3
Share price
$ 64 bn
Market Cap
$ 70 bn
Enterprise Value

Carbon footprint

4.9 Ton
GHG emissions per $ 1 mln investment
0.14x the weighted average for S&P 500
FY2020
How is this calculated?
-47%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Ecolab's GHG emissions (market-based) (Kt of CO2e)
Ecolab's Carbon intensity (Tons per 1 USDm)

Ecolab's carbon footprint

Ecolab reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 340 Kt (-295 /-46.5% y-o-y). Also positively, carbon intensity plunged to 29 t (-22 /-43.1% y-o-y).

Ecolab's Scope 3 emissions declined to 6,906 Kt (-119 /-1.7% y-o-y). The time series has been volatile over the last few periods.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Ecolab also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Ecolab commits to reduce absolute scope 1 and scope 2 GHG emissions 50% by 2030 from a 2018 base year. Ecolab also commits that 70% of its suppliers by emissions covering purchased goods and services, capital goods, upstream transportation and distribution, business travel, and downstream transportation and distribution will set science-based targets by 2024.*The target boundary includes biogenic emissions and removals from bioenergy feedstocks.

Company environmental metrics

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