Climate Change Data

Environmental Metrics

ESG Focus Areas

• Energy and Climate Mindfulness
• Resource Efficiency
• Product Sustainability and Commercial Outreach
• Employee and Community Care

Environmental Achievements

• Reduced carbon emissions intensity by 3.1% from 2018 to 2019.
• Reduced CO2 emissions by converting from natural gas to hydrogen as an energy source in Stade, Germany.
• Reduced more than 100,000 tons of GHG annually through steam productivity improvements in Texas and Louisiana.
• Decreased energy intensity by utilizing zero-carbon hydroelectric power at certain sites in North America.
• Recycled hazardous waste into raw materials in Freeport, Texas.
• Reprocessed and recycled nearly 100% of scrap metal and plastic in Olin’s Winchester Ammunition division.

Social Achievements

• Established seven employee networks at various sites around the world.
• Implemented the “Our People +” program in Brazil to focus on employee mental well-being.
• Supported active Community Advisory Panels at five U.S. manufacturing sites.
• Introduced Parental Leave policy for U.S. employees.
• Established a Paid Volunteer Time-Off Policy in 2020.

Governance Achievements

• Updated 382 product risk assessments using 26 new reputable and relevant health studies in 2019.
• Developed unique opportunities to train and assess safe handling procedures while maintaining pandemic protocol.
• Published an updated Business Partner Code of Conduct.

Climate Goals & Targets

Environmental Challenges

• Growing challenges due to the global impact of the COVID pandemic in 2020.

Mitigation Strategies

• Relying on a strong culture of collaboration to continue delivering sustainable solutions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Business Partner Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GHG Protocol Corporate Accounting and Reporting Standard

Certifications: ISO 50001 (energy certification process in Europe), American Chemistry Council (ACC) certifications

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• LITESTONE™ composite systems
• Specialty halogen-free epoxy resins

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Safety & Product Stewardship
• Winchester Sustainability
• Reducing Environmental Impact
• Developing Sustainable Solutions
• Values & Governance

Environmental Achievements

• Reduced power consumption equivalent to powering 21,000 homes annually through zero gap technology in chlor alkali production.
• Operating with zero-carbon hydroelectric power at certain North American sites.
• Reduced natural gas consumption and intensity through purposeful epoxy campaign operation.
• Water conservation projects saving >4 billion gallons annually.
• Recycling brine in Texas into feedstock, offsetting approximately 1,000 gallons per minute of fresh river water.
• Reprocessing and recycling valuable commodity materials at Winchester, including nearly 100% of metal and plastic used in shotgun shells and 100% of metal for rifle and pistol components.
• Recovering heat energy at our sites and looping it back into other processes within the facility saves about 100,000 lbs per hour of steam, resulting in both water and energy conservation.

Social Achievements

• Increased safety rates by more than 40% in each sector.
• Pledged $125,000 to Folds of Honor.
• Supporting wildlife and natural habitat at NILO Farms.
• Providing public education and training on responsible use of firearms and ammunition.
• Promoting inclusiveness, safety, and education through Shoot United™
• Providing up to 16 hours of paid time off for employee volunteering.

Governance Achievements

• Conducted a materiality assessment to gather insight into the relative importance of specific environmental, social, and governance issues to our internal and external stakeholders.
• Developed specific policies for energy and natural resource management; environment, health, safety, and security; quality management; and conflict minerals.
• Regularly reviewed progress with the Olin Board of Directors.
• Global certifications and audit programs ensure that our practices meet and often exceed regulatory and industry standards.
• Olin’s Business Partner Code of Conduct defines the behavior we expect from our business partners.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Olin’s Business Partner Code of Conduct

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Lead-free ammunition
• VOC-free epoxy solutions
• Hydrogen clean energy ecosystem

Awards & Recognition

• Grade A rating for excellent environmental performance from the Department of Ecology and Environment of the Jiangsu Province (Zhangjiagang site)
• Sustained Excellence In Caring For Texas Award
• Grand Slam Award from the American Association of Railroads (six times)
• Best in Louisiana SAFE Award from the Louisiana Chemical Association

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced freshwater consumed by 22% from 2018 baseline and 12% from 2022 (7.5 billion gallons in 2023)
• Reduced total freshwater withdrawal by 33% from 2018 baseline and 7% from 2022 (45.9 billion gallons in 2023)
• Reduced total energy consumed by 39% from 2018 baseline and 21% from 2022 (58.3 million Gj in 2023)
• GHG reduction of 250 MT annually at Baltringen, Germany site (100% renewable energy)
• GHG reduction of 407 MT annually at Guaruja, Brazil site
• Sold 0.55 million kgs of Hydrogen into Carbon Abatement end uses

Social Achievements

• Total Recordable Incident Rate (TRIR) of 0.66 in 2023 (below 2018 baseline of 0.91)
• Lost Time Incident Rate (LTIR) of 0.21 in 2023 (below 2018 baseline of 0.40)
• Increased employee volunteerism hours by more than 500% over 2022 (more than 55,000 hours)
• 46% of open roles within the US Chemicals business filled by internal candidates

Governance Achievements

• 100% of all Olin Help-Line concerns investigated and addressed
• 95% annual Cybersecurity training completion rate for computer users in 2023
• Board has broad oversight of ESG performance

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Chlorinated organics for more environmentally friendly refrigerants
• Epoxy systems protecting infrastructure
• Small-caliber ammunition contributing to public safety and wildlife conservation

Environmental Metrics

ESG Focus Areas

• Diversity and Inclusion
• Environmental, Health & Safety
• Corporate Social Responsibility
• Human Rights
• Sustainability
• Anti-Corruption
• Ethical Conduct

Environmental Achievements

• Not disclosed

Social Achievements

• Promoting a culture of inclusion that values, recognizes, and celebrates the diversity of our people.
• Commitment to fostering a workplace free from discriminatory practices, harassment, or bullying.

Governance Achievements

• Established a Code of Conduct and Company Values to guide ethical decision-making.
• Implemented annual Code of Conduct training for all employees.
• Established an Ethics & Compliance Office to investigate concerns.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Our commitment and goals relative to sustainability align with the UN Sustainable Development Goals.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed