Westlake Chemical (WLK)

Overall impact
F (2)

Commentary

Westlake Chemical is a poor overall performer. With an 'F' rating of 1.7 for overall impact (bottom 10% of all companies), Westlake Chemical ranks 150th out of 151 industry peers, behind Amyris, Aemetis, Northern Technologies International and 146 others, and ahead of Lyondell Basell. On top material causes for Westlake Chemical's industry (Chemicals), Westlake Chemical performs poorly in Sustainable Use of Natural Resources (0.0 score), Sustainable Use of Water (0.0), Clean Water Access (0.0) and 17 other causes where it received a 'D' or 'F' score. Westlake Chemical did not receive an 'A' rating on any cause.
Impact
Cause WLK
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Overall impact

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Company
Founded
1986
Employees
14,600
Sector
Materials
Industry
Chemicals
Sub-industry
Commodity Chemicals
SASB industry
Chemicals
Headquarters
Tx, United States
Share classes
WLK
Mission
To provide quality products and services to commodity chemical, plastics and related fabricated products markets. We work to align and focus the interests of our global customers and suppliers with those of our shareholders, employees and communities.
Description
Westlake Corporation manufactures and markets performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, and internationally. The Performance and Essential Materials segment offers ethylene, polyethylene, styrene, chlor-alkali, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chloride (PVC), epoxy specialty resins, and base epoxy resins and intermediaries. The Housing and Infrastructure Products segment provides residential PVC sidings; PVC trim and mouldings; architectural stone veneers; windows; PVC decking; PVC films for various inflatables, wallcovering, and tape and roofing applications; polymer composite and cement roof tiles; PVC pipes and fittings for various water, sewer, electrical, and industrial applications; and PVC compounds for various housing, medical, and automobile products. This segment also offers consumer and commercial products, such as landscape edging; industrial, home, and office matting; marine dock edging; and masonry joint controls. It offers its products to chemical processors; plastics fabricators; small construction contractors; municipalities; and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, wind turbines, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. Westlake Corporation was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation is a subsidiary of TTWF LP.
Material causes
Ethos considers the following causes material for Westlake Chemical, based on its industry sub-industry Commodity Chemicals. Learn more about material causes in our methodology overview.
Not available

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