Eastman

2030 Goals and Progress

Working to create A Better Circle






Eastman is already scaling new processes, technologies and business models focused on molecular recycling, a key component to mitigating our climate impact, managing our natural capital and keeping plastic waste out of landfills and the environment. We see this as an area of growth.






Mitigating Climate Change
Target Year
​Results 
2020

​Results
2021

  • ​Reduce our Scope 1 and 2 greenhouse gas emissions by one-third by 2030 to achieve carbon neutrality by 2050

2030


10.2%


13.8%
  • 100% of NAR and EU purchased electricity will be renewable by 2030​ (NEW)

2030


​_


10.0%

We have also received review-level assurance from PricewaterhouseCoopers LLP (PwC) in accordance with attestation standards established by the American Institute of Public Accountants (AICPA) over our scope 1 and scope 2 greenhouse gas emissions for the year ended December 31, 2021.



Mainstreaming Circularity
Target Year
​Results 
2020

​Results
2021

  • ​Recyle more than 500 million pounds of plastic waste annually by 2030 via molecular recycling technologies, with a commitment to recycle 250 million pounds annually by 2025.

2025


8.8M lbs

12.7M lbs

Our recycling progress will begin a significant upward trajectory in 2023 when operations begin at our new molecular recycling facility in Kingsport, Tennessee.


​ ​ ​
Caring for Society
Target Year
Results 
2020

​Results 
2021

  • ​100% of growth R&D spend aligns with sustainable macro trends to create materials that improve the quality of life for people around the world

2030




>80%
  • ​Achieve gender parity in alignment with our commitment to Paradigm for Parity®

2030


14%

13%
  • ​Be a leader for racial equity within our industry sector

2030


14%

13%

​While we have made gains in our gender representation across the organization, we slid slightly in our racial equity progress over the past year. Through a root-cause analysis, we are working to better understand the drivers of internal talent movement and turnover. We will continue to suppor the strong talent we bring in to ensure growth throughout their careers.

​ ​
 

​ 


© 2022 Eastman Chemical Company or its subsidiaries. All rights reserved.
As used herein, ® denotes registered trademark status in the U.S. only.