We are committed to decarbonizing our operations and working across the value chain to lessen our carbon footprint, which will preserve precious resources. This involves many elements across our company, which are woven together to form a holistic strategy designed to reduce our footprint and drive toward our ultimate goal of carbon neutrality.
Our strategy is guided by Eastman’s climate policy that includes three key commitments:
Developing material solutions to address society’s climate change challenges
Reducing our carbon footprint, building resiliency measures and managing climate change risks and opportunities
Pursuing strategic partnerships and initiatives to advance the understanding of climate change to bring forward innovative solutions
Addressing the challenge of climate change — as well as setting ambitious goals and holding ourselves accountable — is squarely aligned with our purpose of enhancing the quality of life in a material way. We intend to abide by the Paris Climate Agreement and have established an overarching goal to be carbon neutral by 2050.
Reduce our absolute Scope 1 and 2 greenhouse gas (GHG) emissions by one-third by 2030 to achieve carbon neutrality by 2050
Increase renewable energy use at Eastman so 100% of our purchased electricity in North America and Europe will be renewable by 2030
Establish a comprehensive understanding of our Scope 3 footprint and develop a strategy that addresses it
Innovate to provide products that enable energy savings and GHG reduction down our value chains and at the consumer level
A comprehensive review of our climate goals and commitments can be found in our 2023 CDP Climate Change report.