Highest-Level Parent Company

{
  "id": "MLC-T-ENV-013295",
  "term": "Highest-Level Parent Company",
  "field": "Environment",
  "definition": "1. Highest-level company of the site's ownership hierarchy as of the start of the submission period during which data are being reported according to the following instructions. The highest-level U.S. parent company is located within the United States while the highest-level foreign parent company is located outside the United States. The following rules govern how to identify the highest-level U.S. parent company and highest-level foreign parent company (if applicable): (1) If the site is entirely owned by a single U.S. company that is not owned by another company, that single company is the U.S. parent company. (2) If the site is entirely owned by a single U.S. company that is, itself, owned by another U.S.-based company (e.g., it is a division or subsidiary of a higher-level company), the highest-level domestic company in the ownership hierarchy is the United States parent company. If there is a higher-level parent company that is outside of the United States, the highest-level foreign company in the ownership hierarchy is the foreign parent company. (3) If the site is owned by more than one company (e.g., company A owns 40 percent, company B owns 35 percent, and company C owns 25 percent), the company with the largest ownership interest in the site is the parent company. If a higher-level company in the ownership hierarchy owns more than one ownership company, then determine the entity with the largest ownership by considering the lower-level ownerships in combination (e.g., corporation x owns companies B and C, for a total ownership of 60 percent for the site). (i) If the parent company is a U.S. company owned by another U.S. company, then the highest-level domestic company in the ownership hierarchy is the U.S. parent company.\n\n2. highest-level company of the site's ownership hierarchy as of the start of the submission period during which data are being reported according to the following instructions. The highest-level U.S. parent company is located within the United States. The following rules govern how to identify the highest-level U.S. parent company: If the site is entirely owned by a single U.S. company that is not owned by another company, that single company is the U.S. parent company. If the site is entirely owned by a single U.S. company that is, itself, owned by another U.S.-based company (e.g., it is a division or subsidiary of a higher-level company), the highest-level domestic company in the ownership hierarchy is the U.S. parent company. [Definition Truncated. For full definition, see",
  "references": [
    "Definition truncated. For full definition, see 40 CFR 704.3 (CFR 2020)",
    "40 CFR 705.3 (CFR 2024)"
  ],
  "url": "https://mlchart.com/terminology/environment/highest-level-parent-company/"
}