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17.04.2024

Stahl: 2023 ESG Report

Stahl has published its 2023 Environmental, Social and Governance (ESG) Report. The report outlines Stahl's recent progress on its ESG Roadmap to 2030 and the steps the company is taking to live its purpose of Touching lives, for a better world.

Stahl’s ESG Roadmap to 2030 includes interim targets for 2023, making this a year in which Stahl reached several important milestones. For example, the company reduced its scope 1 and 2 greenhouse gas (GHG) emissions by 22% versus 2022. Furthermore, in 2023 the Science Based Targets initiative (SBTi) validated Stahl's scope 1, 2 and 3 targets, making it one of the first coatings companies on the SBTi-approved list.

To reduce its GHG emissions, Stahl is actively increasing its use of clean energy. At the end of 2023, renewable energy generation, such as solar panels, had been installed at four Stahl sites, compared to its target of three.

Stahl has published its 2023 Environmental, Social and Governance (ESG) Report. The report outlines Stahl's recent progress on its ESG Roadmap to 2030 and the steps the company is taking to live its purpose of Touching lives, for a better world.

Stahl’s ESG Roadmap to 2030 includes interim targets for 2023, making this a year in which Stahl reached several important milestones. For example, the company reduced its scope 1 and 2 greenhouse gas (GHG) emissions by 22% versus 2022. Furthermore, in 2023 the Science Based Targets initiative (SBTi) validated Stahl's scope 1, 2 and 3 targets, making it one of the first coatings companies on the SBTi-approved list.

To reduce its GHG emissions, Stahl is actively increasing its use of clean energy. At the end of 2023, renewable energy generation, such as solar panels, had been installed at four Stahl sites, compared to its target of three.

Measuring – and reducing – the impact of products is an important step in the company’s scope 3 emissions. As such, 353 Stahl products now have either life cycle assessment (LCA) or product carbon footprint (PCF) data, far exceeding the 2023 target of 50.
 
New ratings and certifications
In 2023, 2,161 of Stahl's products were certified by Zero Discharge of Hazardous Chemicals (ZDHC), in line with ZDHC MRSL V3.1. These products represented 70% of the company’s sales revenue, demonstrating increased demand for coatings with a lower risk to health and the environment.

Stahl was also proud to achieve a Platinum rating from EcoVadis for the second year in a row, which places it in the top 1% of companies evaluated. Stahl also exceeded its 2023 target of an average EcoVadis rating of at least 60/100 for their top ten suppliers, with an average rating of 68/100 reported in December 2023.
Fostering a safe and welcoming work environment

A core pillar of Stahl’s ESG approach is how it supports its employees’ physical and mental well-being. The 2023 ESG Report outlines several examples of this commitment, such as improvement in its key safety KPIs for the third year in a row.

Besides keeping people safe, Stahl continues to make progress in fostering an open and inclusive workplace. For example, in support of diversity, equity and inclusion (DEI), Stahl appointed its first female leadership team member, trained 98% of its staff in DEI and established DEI committees at all Stahl sites. In addition, to strengthen communication, engagement and collaboration across the workforce, Stahl also established an internal workplace hub, MyStahl.

More information:
Stahl Coatings ESG
Source:

Stahl

16.02.2024

Lenzing updated its climate targets

The Lenzing Group has updated its climate targets to align with the goals of the Paris Agreement to limit the human-induced global temperature increase to 1.5 degrees Celsius. The Science Based Targets Initiative (SBTi) has reviewed and confirmed this target improvement.

By 2030, Lenzing aims to reduce its direct emissions from the production of its fiber and pulp plants (scope 1) and its emissions from purchased energy (scope 2) by 42 percent and its indirect emissions along the value chain (scope 3) by 25 percent on the way to net zero, from 2021 baseline. This corresponds to an absolute reduction of 1,100,000 tons (instead of the previously targeted 700,000 tons).

The following targets were recognized and confirmed by the SBTi:

The Lenzing Group has updated its climate targets to align with the goals of the Paris Agreement to limit the human-induced global temperature increase to 1.5 degrees Celsius. The Science Based Targets Initiative (SBTi) has reviewed and confirmed this target improvement.

By 2030, Lenzing aims to reduce its direct emissions from the production of its fiber and pulp plants (scope 1) and its emissions from purchased energy (scope 2) by 42 percent and its indirect emissions along the value chain (scope 3) by 25 percent on the way to net zero, from 2021 baseline. This corresponds to an absolute reduction of 1,100,000 tons (instead of the previously targeted 700,000 tons).

The following targets were recognized and confirmed by the SBTi:

  1. Overall net-zero target: Lenzing AG commits to reach net-zero greenhouse gas emissions along the entire value chain by 2050.
  2. Near-term targets: Lenzing AG commits to reduce absolute scope 1 and scope 2 greenhouse gas emissions by 42 percent by 2030 from a base year 2021. Lenzing AG also commits to reduce absolute scope 3 greenhouse gas emissions from purchased goods and services, fuels and energy-related activities as well as upstream transport and distribution by 25 percent within the same timeframe.
  3. Long-term targets: Lenzing AG commits to reduce absolute scope 1 and scope 2 greenhouse gas emissions by 90 percent by 2050 from a base year 2021. Lenzing AG also commits to reduce absolute scope 3 greenhouse gas emissions by 90 percent within in the same timeframe.

These updated targets replace the old SBTi approved Lenzing Group’s climate target in 2019.

07.02.2024

RadiciGroup’s roadmap to a sustainable future

“From Earth to Earth”: The new plan defines goals and concrete actions in Environmental, Social and Governance (ESG) areas to foster value creation for all stakeholders and put new sustainability regulatory requirements at the centre of attention.

A project, designed to enhance RadiciGroup's transparency and commitment to develop a responsible business along its entire value chain from an economic, social and environmental perspective and focus on the ever more widespread and stringent sustainability regulatory requirements. These are the features and goals of the Sustainability Plan presented by the Group and called "From Earth to Earth", precisely to emphasize the intent to focus on the Earth and future generations.

“From Earth to Earth”: The new plan defines goals and concrete actions in Environmental, Social and Governance (ESG) areas to foster value creation for all stakeholders and put new sustainability regulatory requirements at the centre of attention.

A project, designed to enhance RadiciGroup's transparency and commitment to develop a responsible business along its entire value chain from an economic, social and environmental perspective and focus on the ever more widespread and stringent sustainability regulatory requirements. These are the features and goals of the Sustainability Plan presented by the Group and called "From Earth to Earth", precisely to emphasize the intent to focus on the Earth and future generations.

In the context of a complex and constantly changing scenario, the Group has therefore decided to capitalize on the goals achieved and look beyond them with a plan defining the medium-term targets and the actions to be taken to fulfil them and covering all areas considered to be "material”, i.e., relevant from the point of view of ESG and financial risks, opportunities and impacts. Indeed, the ultimate goal of "From Earth to Earth" is to support business continuity and the growth of the company and all its stakeholders.

The project was the result of a multi-year collaboration with Deloitte, which contributed an external and objective viewpoint on the definition of the material targets and themes. However, it was not an armchair exercise, but the result of an extensive listening process involving internal and external stakeholders, all of whom were sustainability experts who helped define a shortlist of strategic themes for both the Group and its main stakeholders. These issues were then analysed in detail using working tables on the different themes to identify the objectives in Environmental, Social and Governance areas and the related concrete actions needed to achieve them, in line with the European decarbonization and energy transition policies and the
United Nations Sustainable Development Goals, a global blueprint for sustainable growth.

In particular, RadiciGroup’s environmental goals include: a 20% increase and differentiation in renewable source electricity consumption, an 80% reduction in total direct greenhouse gas emissions by 2030 compared to 2011, attention to water consumption to limit the impact on local communities and biodiversity, the extension of Life Cycle Assessment (LCA) methodology to measure the environmental impact of 70% of the products (in terms of weight) manufactured by the entire Group, collaboration among the various actors in the supply chain from an ecodesign perspective and the search for increasingly more sustainable and circular packaging solutions.

16.01.2024

Solvay: Capacity expansions in France and Italy

Solvay has announced capacity expansions at its Resolest®* and Solval® units, specifically designed for recycling residues from the flue gas cleaning process using the market-leading SOLVAir® solution. The rising demand for this advanced technology stems from the enforcement of stringent environmental standards governing emissions across various industries. By the end of 2025, Resolest® is poised to undergo a significant 60% surge in recycling capacity. Likewise, commencing January 2024, Solval® is set to witness a substantial 30% increase in its capacity.

Solvay has announced capacity expansions at its Resolest®* and Solval® units, specifically designed for recycling residues from the flue gas cleaning process using the market-leading SOLVAir® solution. The rising demand for this advanced technology stems from the enforcement of stringent environmental standards governing emissions across various industries. By the end of 2025, Resolest® is poised to undergo a significant 60% surge in recycling capacity. Likewise, commencing January 2024, Solval® is set to witness a substantial 30% increase in its capacity.

More information:
Solvay
Source:

Solvay

Dibella increases purchase of Cotton made in Africa Cotton (c) Martin Kielmann/Cotton made in Africa
08.01.2024

Dibella increases purchase of Cotton made in Africa Cotton

  • Dibella increases the use of Cotton made in Africa cotton according to the mass balance system from 300,000kg in 2023 to 750,000kg in 2024.

With Cotton made in Africa (CmiA), Dibella is making its business model even more sustainable. This enables the company to minimise its environmental impact and support the people in the growing regions. Dibella relies on the CmiA mass balance system in the chain to achieve its corporate goal of "increasing the use of sustainable fibres".

  • Dibella increases the use of Cotton made in Africa cotton according to the mass balance system from 300,000kg in 2023 to 750,000kg in 2024.

With Cotton made in Africa (CmiA), Dibella is making its business model even more sustainable. This enables the company to minimise its environmental impact and support the people in the growing regions. Dibella relies on the CmiA mass balance system in the chain to achieve its corporate goal of "increasing the use of sustainable fibres".

Cotton made in Africa initiative is an internationally recognised standard for sustainable cotton grown by African smallholder farmers. With up to 13% less greenhouse gas emissions, CmiA-verified cotton has a significantly lower impact on the environment than the global average and also supports village communities in Africa beyond sustainable cotton cultivation. CmiA supports smallholder farmers in sub-Saharan Africa in the sustainable cultivation of genetically unmodified cotton and is committed to improving working conditions in ginning factories. Through a licence fee, which is paid by customers like Dibella, the farmers receive training and access to operating resources in order to reduce the use of pesticides and increase the quality of their cotton and yields from their fields at the same time.

Cotton made in Africa takes a pragmatic approach to the processing of its cotton with two different models in order to best meet the demands for transparency and feasibility in the chain: The Hard Identity Preserved System and the Mass Balance System; Dibella has opted for the latter. While CmiA-verified cotton is always traded separately from other cotton right up to the spinning mill and can therefore be traced seamlessly from the growing region to the ginning plant to the spinning mill, the mass balance system allows CmiA cotton to be mixed with cotton of other origins at the spinning mill level as long as a balance between cotton purchases and CmiA-labelled yarns is ensured. This principle ensures the purchase of sustainably grown fibres and helps Dibella to bring a larger quantity of sustainable cotton into its textile cycle, which ultimately benefits smallholder farmers.

Source:

Dibella GmbH

Carbios published Sustainability Report for 2022 (c) Carbios
29.12.2023

Carbios published 2022 Sustainability Report

CARBIOS published its second Sustainability Report with 2022 as the reference year. Like the first, this report is not subject to any publication obligation for the company, confirms CARBIOS' commitment and desire for transparency in terms of environmental, social and governance (ESG) initiatives.

In 2022, several objectives were achieved:

CARBIOS published its second Sustainability Report with 2022 as the reference year. Like the first, this report is not subject to any publication obligation for the company, confirms CARBIOS' commitment and desire for transparency in terms of environmental, social and governance (ESG) initiatives.

In 2022, several objectives were achieved:

  • Increase of the number of independent directors on the Board of Directors,
  • Completion of the first carbon footprint report to sustainably reduce greenhouse gas emissions,
  • Consolidation of the life cycle analysis (LCA) of the PET enzymatic depolymerization process,
  • Continuation of employee training in safety and environmental issues.

In October 2023, CARBIOS appointed Bénédicte Garbil as Senior Vice President of Corporate Affairs and Sustainability: "In 2022, CARBIOS strengthened its governance, building a solid foundation for our continued growth and commitment to Corporate Social Responsibility (CSR). This strategic development demonstrates our commitment to operational excellence and transparency. We have integrated the principles of sustainability, ethics and environmental responsibility at the heart of our governance, putting CSR at the forefront of our actions."

Source:

Carbios

Marchi_Fildi_Filidea headquarter Photo Marchi & Fildi Group
Marchi Fildi Filidea headquarter
24.11.2023

The Marchi & Fildi Group: First Sustainability Report published

The data and the information reported examine the performance relative to the companies Marchi & Fildi S.p.A. and Filidea S.r.l. during the year 1st January 2022 to 31st December 2022. In addition, with the aim of putting the data into a context of developments, a comparison with data pertaining to 2021 was also made.

Amongst the numerous data and insights provided by the analyses given in the Report, some relevant performance factors relating to environmental achievements emerge.

With reference to Marchi & Fildi, and in comparison to 2021, the year 2022 demonstrated:

  • A unit reduction in water consumption of 57% and unit reduction of waste water of 19%
  • A unit reduction in electric power consumption of 13%

An overall reduction in CO2 emissions (Scope I + Scope II) of 22% In the same period, for Filidea the following results are shown:

The data and the information reported examine the performance relative to the companies Marchi & Fildi S.p.A. and Filidea S.r.l. during the year 1st January 2022 to 31st December 2022. In addition, with the aim of putting the data into a context of developments, a comparison with data pertaining to 2021 was also made.

Amongst the numerous data and insights provided by the analyses given in the Report, some relevant performance factors relating to environmental achievements emerge.

With reference to Marchi & Fildi, and in comparison to 2021, the year 2022 demonstrated:

  • A unit reduction in water consumption of 57% and unit reduction of waste water of 19%
  • A unit reduction in electric power consumption of 13%

An overall reduction in CO2 emissions (Scope I + Scope II) of 22% In the same period, for Filidea the following results are shown:

  • A unit reduction in water consumption of 26%, unit waste water of 22%
  • A reduction in unit natural gas consumption of 7%
  • A reduction in unit electric power consumption of 14%
  • An overall reduction in CO2 emissions (Scope I + Scope II) of 7%

These data offer quantitative feedback on the constant commitment to the optimisation of resources and use of production technologies with low energy impact, which the Group has adopted for years.

Massimo Marchi, Marchi & Fildi’s President, has this to say about the choice to invest in this form of reporting:
“The decision to write a Sustainability Report represents for us one of the elements which guide us towards the constant improvement of company performance with reference to ESG. This is one of the stages towards the formalisation of a strategic plan for the management of sustainability, a journey which the Group has been committed to for years and in which we believe 100%.”

 

Source:

Marchi & Fildi Group

10.11.2023

HeiQ AeoniQ™ joins Canopy and commits to Forests Protection

HeiQ AeoniQ™ becomes an active brand partner of the Canopy initiative with eleven other companies to address the growing climate and biodiversity crises by committing to keep Ancient and Endangered Forests out of our man-made cellulosic fiber supply chain.

The commitments that HeiQ AeoniQ™ is making are part of solutions-driven non-profit Canopy’s Pack4Good and CanopyStyle initiatives which currently represent collectively 950 brand partners. Together, the initiatives are shifting supply chains away from vital forests to low-impact, circular Next Gen Solutions.

HeiQ AeoniQ™ becomes an active brand partner of the Canopy initiative with eleven other companies to address the growing climate and biodiversity crises by committing to keep Ancient and Endangered Forests out of our man-made cellulosic fiber supply chain.

The commitments that HeiQ AeoniQ™ is making are part of solutions-driven non-profit Canopy’s Pack4Good and CanopyStyle initiatives which currently represent collectively 950 brand partners. Together, the initiatives are shifting supply chains away from vital forests to low-impact, circular Next Gen Solutions.

“We must rapidly replace oil-based polyester in the textile industry causing microplastics, global warming, landfill and ecosystem degradation. Cellulose is the most abundant biopolymer in the world and is best suited to replace polyester. However, we must pay attention to cellulose feedstock sources. Our forests, a potential cellulose feedstock, are one of the most important solutions to addressing the effects of climate change. Approximately 2.6 billion tons of carbon dioxide, one-third of the CO2 released from burning fossil fuels, is absorbed by forests every year. Around 12.5% of global greenhouse gas emissions (5-10 GtCO2e annually) come from deforestation. We are losing forests at an alarming rate. Every year, around 10 million hectares of forests globally are destroyed. We need immediate action to increase forests again. Canopy is our go-to partner to replace polyester with circular & sustainable cellulose feedstock for our innovative HeiQ AeoniQ™ fiber revolution.” said Carlo Centonze, HeiQ Group CEO.

Paper packaging is also a key driver of forest loss globally, as 3.1 billion trees are cut down annually to produce the boxes and bags in which products are packaged and shipped. Paper packaging production has increased by 65% over the past two years.

“The range of companies and sectors represented in today’s announcement reflects the breadth of market response to the growing climate and biodiversity crises and intensifying supply chain disruptions,” said Nicole Rycroft, Founder and Executive Director of Canopy. “Today’s brand partners add significant momentum to global conservation efforts and the movement to transform ‘take, make, waste’ supply chains to be lower-impact and Next Gen.”

Today, as part of Pack4Good, HeiQ AeoniQ™ committed to:

  • Eliminate Ancient and Endangered Forests from our paper packaging supply chain.
  • Reduce material use through design innovation.
  • Maximize recycled content.
  • Explore and scale alternative Next Gen fibers (such as agricultural residues).
  • Where virgin fiber is necessary, use FSC-certified fiber.
Source:

HeiQ

CEO of Jet Technology Howard Ju with Alfred Deakin Professor and Deakin Chair in Biotechnology Colin Barrow. Photo: Deakin University
CEO of Jet Technology Howard Ju with Alfred Deakin Professor and Deakin Chair in Biotechnology Colin Barrow.
11.10.2023

New Deakin REACH partnership: Textiles made from organic waste?

Australia is one of the highest waste generators in the world, with over 7.6 million tonnes of food ending up in landfill each year, costing over $36.6 billion and producing 17.5 million tonnes of greenhouse gas.

Deakin’s partnership with Jet Technology through REACH will explore ways to transform industry-generated organic waste into new products like organic textiles and stock feed using a rapid composting system.

Jet Technology’s Environmental Recycling System (ERS) will build a circular economy by creating valuable products for a range of industry sectors.

Australia is continuing to generate more landfill each year. A new partnership between Deakin’s Recycling and Clean Energy Commercialisation Hub (REACH) and Japanese-based company Jet Technology aims to turn this around by repurposing organic waste and transforming it into new products.

Australia contributes more than 7.6 million tonnes of food to landfill annually, costing over $36.6 billion and producing 17.5 million tonnes of CO2.

Australia is one of the highest waste generators in the world, with over 7.6 million tonnes of food ending up in landfill each year, costing over $36.6 billion and producing 17.5 million tonnes of greenhouse gas.

Deakin’s partnership with Jet Technology through REACH will explore ways to transform industry-generated organic waste into new products like organic textiles and stock feed using a rapid composting system.

Jet Technology’s Environmental Recycling System (ERS) will build a circular economy by creating valuable products for a range of industry sectors.

Australia is continuing to generate more landfill each year. A new partnership between Deakin’s Recycling and Clean Energy Commercialisation Hub (REACH) and Japanese-based company Jet Technology aims to turn this around by repurposing organic waste and transforming it into new products.

Australia contributes more than 7.6 million tonnes of food to landfill annually, costing over $36.6 billion and producing 17.5 million tonnes of CO2.

Deakin University scientist Alfred Deakin Professor and Chair in Biotechnology Colin Barrow and his team from the Centre for Sustainable Bioproducts will work with Jet Technology to explore the possible reuses of organic waste using Jet Technology’s Environmental Recycling System (ERS). The project will focus on converting organic waste from the agriculture, dairy and fishery sectors by drastically shortening composting time so it can be used to make new products.

The four-year research project will be undertaken at the BioFactory at Deakin’s Waurn Ponds campus. It will initially focus on processing agricultural waste, converting apple pomace into a bioproduct for the textile industry. Apple pomace consists of the apple skin, pulp, seeds and stems left over from apple juice manufacturing. Its disposal in landfill can lead to greenhouse gas emissions and potential contamination of soil and groundwater.

If successful, it could lead to the establishment of a local multi-million-dollar bioeconomy where organisations such as councils, supermarkets and food and beverage businesses could cut costs while generating new revenue streams and job opportunities.

Deakin’s REACH initiative collaborates with progressive industry, government, and education partners to establish a multi-billion-dollar bioeconomy in Victoria and push the limits of technological innovation to deliver energy and recycling solutions that reduce landfill, fossil fuel emissions, and the devastating costs of global warming.

22.09.2023

Lenzing receives EU Ecolabel for fiber production in Indonesia

The Lenzing Group has received certification from the internationally recognized EU Ecolabel for its fibers at the Indonesian site. This means that Lenzing fibers produced in Purwakarta (PT. South Pacific Viscose) meet high environmental standards. The product portfolio thus expands and qualifies for the production of LENZING™ ECOVERO™ brand fibers for textiles and VEOCEL™ brand fibers for nonwoven applications.

The substantial investment of EUR 100 mn to modernize the Indonesian site has enabled Lenzing to significantly reduce its specific emissions. In addition, the site recently began sourcing energy from renewable sources and is driving the conversion to biomass in line with Lenzing's goals of reducing group-wide carbon emissions per ton of product sold by 50 percent by 2030 and achieving carbon-neutral production by 2050.

The Lenzing Group has received certification from the internationally recognized EU Ecolabel for its fibers at the Indonesian site. This means that Lenzing fibers produced in Purwakarta (PT. South Pacific Viscose) meet high environmental standards. The product portfolio thus expands and qualifies for the production of LENZING™ ECOVERO™ brand fibers for textiles and VEOCEL™ brand fibers for nonwoven applications.

The substantial investment of EUR 100 mn to modernize the Indonesian site has enabled Lenzing to significantly reduce its specific emissions. In addition, the site recently began sourcing energy from renewable sources and is driving the conversion to biomass in line with Lenzing's goals of reducing group-wide carbon emissions per ton of product sold by 50 percent by 2030 and achieving carbon-neutral production by 2050.

Anthropogenic climate change is one of the most pressing problems of our time, to which both the global textile and nonwovens industries make a major contribution. LENZING™ ECOVERO™ viscose fibers (for textiles) and VEOCEL™ Viscose (for nonwovens) have been proven to cause significantly less greenhouse gas emissions and water pollution than conventional viscose. At the Indonesian site, Lenzing also plans to produce the innovative LENZING™ ECOVERO™ Black fibers in the future, which also require less energy and water in textile chain thanks to the spun-dyeing process and thus also have a lower carbon footprint in their life cycle as a textile product.

Source:

Lenzing Group

DyStar Systainability Report 2022/23 DyStar Singapore Pte Ltd
25.08.2023

DyStar Releases 2022 – 2023 Integrated Sustainability Report

DyStar, a leading specialty chemical company announced the release of its thirteenth annual Integrated Sustainability Report. The report is prepared in accordance with the updated GRI Standards 2021: Core Options. Despite the challenging business landscape and economic situations, DyStar remains committed to delivering tangible values that the Group has strategically created through the six major capitals, using the Integrated Reporting <IR> framework.

DyStar’s business strategies have proven their effectiveness and delivered significant progress toward its 2025 targets. The company has successfully reduced its environmental footprint in Greenhouse Gas Emission intensity and Wastewater production intensity by more than 30%, compared to the baseline year 2011.

More specifically, DyStar’s Scope 1 and Scope 2 Greenhouse Gas (GHG) Emissions intensity was 45% lower (tCO2e per ton production) than the baseline year 2011, with a totaled GHG emission of 56.91 thousand tCO2e. This is also 9% lower when compared to FY2021.

DyStar, a leading specialty chemical company announced the release of its thirteenth annual Integrated Sustainability Report. The report is prepared in accordance with the updated GRI Standards 2021: Core Options. Despite the challenging business landscape and economic situations, DyStar remains committed to delivering tangible values that the Group has strategically created through the six major capitals, using the Integrated Reporting <IR> framework.

DyStar’s business strategies have proven their effectiveness and delivered significant progress toward its 2025 targets. The company has successfully reduced its environmental footprint in Greenhouse Gas Emission intensity and Wastewater production intensity by more than 30%, compared to the baseline year 2011.

More specifically, DyStar’s Scope 1 and Scope 2 Greenhouse Gas (GHG) Emissions intensity was 45% lower (tCO2e per ton production) than the baseline year 2011, with a totaled GHG emission of 56.91 thousand tCO2e. This is also 9% lower when compared to FY2021.

Similarly, for Wastewater production intensity, DyStar achieved a 52% reduction compared to baseline year 2011, and a 24% reduction from FY2021.

Some other key highlights and value-adds include (when compared to FY2021):

  • Financial Capital: The results of production efficiency and streamlining manufacturing indirectly contributed to the reduction of 5.8% in operating cost
  • Manufactured Capital: Apart from ensuring quality suppliers through DyStar’s internal audit, DyStar’s effort on environmental performance and climate impacts with the Institute of Public & Environmental Affairs (IPE) was recognized and ranked second by industry on IPE’s Green Supply Chain Corporate Information Transparency Index (CITI)
  • Intellectual Capital: The innovative Cadira® modules continue to support the supply chain with a lower carbon footprint
  • Human Capital: The full launch of DyStar University (DSU), a proprietary LMS, supports the learning and development of employees globally
  • Social Capital: DyStar’s culturally diverse workforce organized a variety of activities and events in support of its global community and made a total contribution of USD 128,946 to various corporate social responsibility (“CSR”) program.

Despite the harsh economic headwinds, these figures further demonstrated the effectiveness of DyStar’s initiatives that were installed throughout the reporting year.

DyStar maintains a cautious yet optimistic outlook on its global performance.

More information:
DyStar Sustainability Report
Source:

DyStar Singapore Pte Ltd

24.07.2023

Indorama Ventures and SMBC: Thailand’s first sustainability-linked Trade Finance facility

Indorama Ventures Public Company Limited and Sumitomo Mitsui Banking Corporation (SMBC) signed Thailand’s first sustainability-linked Trade Finance facility of US$50 million to support Indorama Ventures’ contributions to its ambitious sustainability commitment. This new facility reflects Indorama Ventures’ leadership in leveraging sustainable financing in Thailand.

The new facility is short-term working capital finance linked to the company’s sustainability performance targets, including reducing greenhouse gas (GHG) emissions intensity by 10% by 2025 (from a 2020 base), increasing post-consumer PET bale input for recycling to 750,000 tons by 2025, and boosting renewable electricity consumption to 25% by 2030.

Indorama Ventures Public Company Limited and Sumitomo Mitsui Banking Corporation (SMBC) signed Thailand’s first sustainability-linked Trade Finance facility of US$50 million to support Indorama Ventures’ contributions to its ambitious sustainability commitment. This new facility reflects Indorama Ventures’ leadership in leveraging sustainable financing in Thailand.

The new facility is short-term working capital finance linked to the company’s sustainability performance targets, including reducing greenhouse gas (GHG) emissions intensity by 10% by 2025 (from a 2020 base), increasing post-consumer PET bale input for recycling to 750,000 tons by 2025, and boosting renewable electricity consumption to 25% by 2030.

Indorama Ventures has secured a total US$2.4 billion in long-term sustainable financing from various national and international financial institutions between 2018–2022. The funds are supporting the company’s expansion and sustainability projects in line with its strategy under Vision 2030 as a purposeful company with ESG at its core.

Source:

Indorama Ventures Public Company Limited 

23.06.2023

DOMO Chemicals publishes sustainability report

DOMO Chemicals, a global leader in polyamide-based engineered material solutions and services, has published its latest annual Sustainability Report, detailing progress on its sustainability journey, including notable reductions in greenhouse gas emissions. DOMO’s mission is to engineer polyamide solutions that contribute to a better, more sustainable world. In publishing its second annual Sustainability Report, DOMO enters a new phase in its decarbonization quest, with confidence in its long-term aspiration to set the standard for sustainability in the industry by 2030.

Notably, the Sustainability Report details DOMO’s achievements in 2022 toward realizing its 2030 sustainability goals. In terms of decarbonization and broader environmental achievements, against a 2019 baseline, the company:

DOMO Chemicals, a global leader in polyamide-based engineered material solutions and services, has published its latest annual Sustainability Report, detailing progress on its sustainability journey, including notable reductions in greenhouse gas emissions. DOMO’s mission is to engineer polyamide solutions that contribute to a better, more sustainable world. In publishing its second annual Sustainability Report, DOMO enters a new phase in its decarbonization quest, with confidence in its long-term aspiration to set the standard for sustainability in the industry by 2030.

Notably, the Sustainability Report details DOMO’s achievements in 2022 toward realizing its 2030 sustainability goals. In terms of decarbonization and broader environmental achievements, against a 2019 baseline, the company:

  • Reduced scope 1 and 2 greenhouse gas emissions by 27%, making significant progress toward its target of 40% reduction by 2030 and carbon neutrality by 2050
  • Increased renewable electricity throughout operations to 12%
  • Reduced waste by 24%
  • Lowered water intake by 4.5%

In addition, as a provider of polyamide-based sustainable and circular solutions, DOMO:

  • Achieved more than 11% of engineered materials sales based on sustainable feedstock, making excellent progress toward its 2030 target of 20%
  • Allocated 25% of research and development resources to enhanced recycling

Moreover, fostering talent and ensuring the well-being of its workforce as a responsible employer is essential for sustainable growth, and 2022 highlights include:

  • Increased share of women in senior positions from 22% in 2021 to 30% in 2022
  • Providing a safe and inclusive working environment that encourages personal and professional development as well as a global safety culture
Source:

DOMO Chemicals

Photo: pixabay
21.06.2023

Bangladesh to stage climate event for fashion and textiles

Bangladesh will stage the world’s first climate conference for the fashion industry this autumn, on 12 October. The Bangladesh Climate Action Forum will convene policy makers, garment manufacturers, fashion retailers and other industry stakeholders to look at solutions for decarbonising global textile supply chains.

The event will focus on technological and financial challenges around reducing emissions. Most of the world’s leading fashion brands have now set ambitious targets for reducing supply chain emissions. These targets relate to 2030 by which time many brands aim to reduce emissions by 50 per cent, and 2050 where most fashion brands aim to be carbon neutral.

The Bangladesh Climate Forum Action will examine causes of climate crisis, its urgency, impacts we have already seen, and what we can expect under both businesses as usual and rapid decarbonisation scenarios.

Bangladesh will stage the world’s first climate conference for the fashion industry this autumn, on 12 October. The Bangladesh Climate Action Forum will convene policy makers, garment manufacturers, fashion retailers and other industry stakeholders to look at solutions for decarbonising global textile supply chains.

The event will focus on technological and financial challenges around reducing emissions. Most of the world’s leading fashion brands have now set ambitious targets for reducing supply chain emissions. These targets relate to 2030 by which time many brands aim to reduce emissions by 50 per cent, and 2050 where most fashion brands aim to be carbon neutral.

The Bangladesh Climate Forum Action will examine causes of climate crisis, its urgency, impacts we have already seen, and what we can expect under both businesses as usual and rapid decarbonisation scenarios.

Also presenting at the event will be the Government of Bangladesh, which will address Bangladesh’s actions to mitigate the impacts of the climate crisis. Bangladesh is particularly vulnerable to climate change and is ranked the seventh extreme disaster risk-prone country in the world according to a report from the Global Climate Risk Index 2021. Tropical cyclones, tornadoes, floods, coastal and riverbank erosion, droughts and landslides are the major climate-induced hazards in Bangladesh.

The Bangladesh Climate Forum Action will also look at approaches towards decarbonization, including NetZero goals and timelines. Speakers will discuss globally recognised pathways for electricity/transportation/industry decarbonisation.

Renewable energy will also be under discussion. If fashion brands are to hit climate targets, it is imperative that supply chains switch to renewable energy and away from gas and fossil fuels. The event will look at challenges around the de-carbonisation of the electricity grid in Bangladesh, as well as the rate of transition toward renewable resources by garment factories, including solar power.

A key element of the event will be evaluation of practical solutions for Bangladesh’s RMG industry. It will profile specific solutions such as energy efficiency, machine upgrades, the electrification of thermal loads, direct power purchase agreements and biomass fed thermal systems. It will also discuss the challenges faced in the industry including business climate (and cycles), pricing, financing challenges, target setting and execution, policy opportunities, knowledge gaps and availability/scaling of solutions.

Financial challenges around decarbonisation of supply chains are significant, and it is far from clear who will pay for the technological upgrades required. While some investment support systems exist – such as lower interest financing – these are not always available, accessible or affordable for the majority of the RMG companies.

The event will explore financial options, changes to business/pricing models, opportunities for de-risking/underwriting investments, direct investment and other tools that need to emerge to address financial challenges and plug the funding gap. The event will also explore opportunities to decouple climate action from business cycles so that the 2030 targets can be met.

Source:

Bangladesh Apparel Exchange

(c) TfS
07.06.2023

SCTI™ and TfS collaborate to accelerate sustainability journey

Sustainable Chemistry for the Textile Industry (SCTI™) and Together for Sustainability (TfS) are teaming up to support and accelerate the leather and textile industry's sustainability journey through sustainable chemistry. Together they will collaborate in driving convergence in standards and methodologies and inspire industry action for a better future.

SCTI is an alliance of leading chemical companies that strives to empower the textile and leather industries to apply sustainable, state-of-the-art chemistry solutions that protect factory workers, local communities, consumers and the environment.

TfS is a member-driven initiative, raising Corporate Social Responsibility (CSR) standards throughout the chemical industry. TfS members are chemical companies committed to making sustainability improvements within their own – and their suppliers’ – operations. TfS has also launched a comprehensive program to foster defossilization of chemical value chains, providing standardization tools to enable effective Scope 3 management based on primary data and launching the TfS Guideline to determine Product Carbon Footprint (PCF).

Sustainable Chemistry for the Textile Industry (SCTI™) and Together for Sustainability (TfS) are teaming up to support and accelerate the leather and textile industry's sustainability journey through sustainable chemistry. Together they will collaborate in driving convergence in standards and methodologies and inspire industry action for a better future.

SCTI is an alliance of leading chemical companies that strives to empower the textile and leather industries to apply sustainable, state-of-the-art chemistry solutions that protect factory workers, local communities, consumers and the environment.

TfS is a member-driven initiative, raising Corporate Social Responsibility (CSR) standards throughout the chemical industry. TfS members are chemical companies committed to making sustainability improvements within their own – and their suppliers’ – operations. TfS has also launched a comprehensive program to foster defossilization of chemical value chains, providing standardization tools to enable effective Scope 3 management based on primary data and launching the TfS Guideline to determine Product Carbon Footprint (PCF).

Both TfS and SCTI share the mission to drive transformational change, and intend to collaborate on advancing the industry’s sustainability goals, leveraging the TfS Scope 3 greenhouse gas emissions (GHG) program.

Source:

Sustainable Chemistry for the Textile Industry (SCTI™) / Together for Sustainability (TfS)

(c) TNO/Fraunhofer UMSICHT
02.06.2023

Fraunhofer: New guide to the future of plastics

How does a future-proof, circular and sustainable plastics economy look like? The answer is a balance ranging from plastics reduction to a sustainable use of recyclable plastics. After all, the increasing demand for plastics in high-value applications such as food packaging, car parts or synthetic textiles requires a holistic change. With four strategic approaches, researchers from the German institute Fraunhofer UMSICHT and the Dutch institute TNO now provide insights into how this future scenario could look like in their recently published white paper "From #plasticfree to future-proof plastics". Both organizations also start a hands-on platform for plastics in a circular economy: European Circular Plastics Platform – CPP aimed at removing existing barriers and sharing of promising solutions.

How does a future-proof, circular and sustainable plastics economy look like? The answer is a balance ranging from plastics reduction to a sustainable use of recyclable plastics. After all, the increasing demand for plastics in high-value applications such as food packaging, car parts or synthetic textiles requires a holistic change. With four strategic approaches, researchers from the German institute Fraunhofer UMSICHT and the Dutch institute TNO now provide insights into how this future scenario could look like in their recently published white paper "From #plasticfree to future-proof plastics". Both organizations also start a hands-on platform for plastics in a circular economy: European Circular Plastics Platform – CPP aimed at removing existing barriers and sharing of promising solutions.

Versatile and inexpensive materials with low weight and very good barrier properties: That's what plastics are. In addition to their practical benefits, however, the materials are also associated with a significant share of mankind's greenhouse gas emissions. The production and use of plastics cause environmental pollution and microplastics, deplete fossil resources and lead to import dependencies. At the same time, alternatives - such as glass packaging - could cause even more environmental burden or have poorer product properties.

Researchers from TNO and Fraunhofer UMSICHT have elaborated a white paper that provides a basis for the transformation of plastics production and use. They consider the integration of the perspectives of all stakeholders and their values and the potential of current and future technologies. In addition, the functional properties of the target product, the comparison with alternative products without plastics, and their impact in a variety of environmental, social and economic categories over the entire life cycle are crucial. In this way, a systematic assessment and ultimately a systematic decision as to where we can use, reject or replace plastics can be realized.

Strategies for the Circular Economy
As a result, the researchers describe four strategic approaches for transforming today's largely linear plastics economy into a fully circular future: Narrowing the Loop, Operating the Loop, Slowing the Loop, and Closing the Loop. By Narrowing the Loop, the researchers recommend, as a first step, to reduce the amount of materials mobilized in a circular economy. Operating the Loop refers to using renewable energy, minimizing material losses, and sourcing raw materials sustainably. For Slowing the Loop, measures are needed to extend the useful lifetime of materials and products. Finally, for Closing the Loop, plastics must be collected, sorted and recycled to high standards.

Individual strategies fall under each of the four approaches. While the ones under Operating the Loop (O strategies) should be applied in parallel and as completely as possible. According to the researchers, the decision for the strategies in the other fields (R strategies) requires a complex process: “Usually, more than one R-strategy can be considered for a given product or service. These must be carefully compared in terms of their feasibility and impact in the context of the status quo and expected changes”, explains Jürgen Bertling from Fraunhofer UMSICHT. The project partners have therefore developed a guiding principle for prioritization based on the idea of the waste hierarchy.

A holistic change, as we envision it, can only succeed if science, industry, politics and citizens work together across sectors. “This implies several, partly quite drastic changes at 4 levels: legislation and policy, circular chain collaboration, design and development, and education and information. For instance, innovations in design and development include redesign of polymers to more oxygen rich ones based on biomass and CO2 utilisation. Current recycling technologies have to be improved for high quantity and quality recycling,” explains Jan Harm Urbanus from TNO.

Hands-on platform for cross-sector collaboration
“Therefore, in a next step, TNO and Fraunhofer UMSICHT are building a hands-on platform for plastics in a circular economy: European Circular Plastics Platform – CPP," explains Esther van den Beuken, Principal Consultant from TNO. It will give companies, associations and non-governmental organizations the opportunity to work together on existing barriers and promising solutions for a Circular Plastics Economy. The platform will also offer its members regular hands-on workshops on plastics topics, roundtable discussions on current issues, and participation in multi-client studies on pressing technical challenges. Regular meetings will be held in the cross-border region of Germany and the Netherlands as well as online. The goal is to bring change to the public and industry.

Source:

Fraunhofer UMSICHT

(c) Beaulieu International Group
22.05.2023

B.I.G. Yarns launches Sustainable Yarns at Clerkenwell Design Week

B.I.G. Yarns unveils its new “SustainableYarns” platform, with Clerkenwell Design Week visitors the first to be invited to get on board and focus on what matters most for the design and manufacture of sustainable soft floorings.

The expert in polyamide (PA) 1 step 3 ply yarns offers a range of options for manufacturers to introduce sustainable yarns into carpet solutions and reach sustainability targets faster and more efficiently.

The Sustainable Yarns range creates opportunities to design with recycled content yarn (EqoCycle), to work with renewable resources (EqoBalance), and, following the launch of new polyamide 6 (PA6) EqoYarn at Clerkenwell Design Week, to also leverage the low-impact value chain.

New addition EqoYarn is a new low-impact PA6 carpet yarn based on the most recent innovations in polymer production, which enable yarn manufacturers to lower their carbon footprint by nearly 50% and give carpet manufacturers more options to reduce their impact.

B.I.G. Yarns unveils its new “SustainableYarns” platform, with Clerkenwell Design Week visitors the first to be invited to get on board and focus on what matters most for the design and manufacture of sustainable soft floorings.

The expert in polyamide (PA) 1 step 3 ply yarns offers a range of options for manufacturers to introduce sustainable yarns into carpet solutions and reach sustainability targets faster and more efficiently.

The Sustainable Yarns range creates opportunities to design with recycled content yarn (EqoCycle), to work with renewable resources (EqoBalance), and, following the launch of new polyamide 6 (PA6) EqoYarn at Clerkenwell Design Week, to also leverage the low-impact value chain.

New addition EqoYarn is a new low-impact PA6 carpet yarn based on the most recent innovations in polymer production, which enable yarn manufacturers to lower their carbon footprint by nearly 50% and give carpet manufacturers more options to reduce their impact.

For its EqoYarn Bulk Continuous Filament (BCF) production process, B.I.G. Yarns has selected the few best-in-class partners that have made major steps forward in terms of sustainability, and reduced their greenhouse gas emissions thanks to continuous investments in process efficiency, green energy, heat optimization and waste reduction. The result is EqoYarn with a carbon footprint of 4 kg CO2 eq/kg yarns, which is a CO2 reduction of up to 50% compared to conventional PA yarns.

EqoBalance PA6 yarns enable customers to reach an even higher CO2 reduction of up to 75%. Manufactured with polymers made from renewable resources such as organic waste from cooking oil instead of virgin or fossil feedstock, these yarns have a carbon footprint of 1.98 kg CO2 eq./ kg yarns. They help carpet manufacturers to create products with an extremely low carbon footprint.

EqoCycle PA6 yarns are fully recyclable and incorporate 75% recycled content originating from recycled and regenerated PA6 granules. With a carbon footprint of 4.64 kg CO2 eq./ kg yarns, they deliver the same high-quality performance of virgin PA6 yarn with the benefit of 37% CO2 reduction. EqoCycle yarns offer carpet manufacturers a sustainable alternative to help reduce the ecological footprint of their products and move towards a circular economy without jeopardizing the end-product quality.

In addition to the different CO2-reducing options, B.I.G. Yarns’ customers can access an unlimited colour range to elevate their designs. Its BCF technology for polyamide yarns, twisted and heat-set yarns, one-colour to multi-colour, between 650 and 15000 dTex, along with its colour studio, are available to support their creation of customised collections.

Source:

Beaulieu International Group

(c) Indorama Ventures Public Company Limited
17.05.2023

Indorama Ventures upgraded MSCI ESG Ratings

Indorama Ventures Public Company Limited, a global sustainable chemical producer, was upgraded to "A" from "BBB" in MSCI’s ESG rating, reaffirming the company’s effective management of sustainability related risks and opportunities.

MSCI (Morgan Stanley Capital International), an independent provider of research-based indices and analytics, ranked Indorama Ventures among the top 14% of 65 companies worldwide in the commodity chemicals industry. The rating has placed it in the top quartile for opportunities in clean tech, water stress, corporate governance, and corporate behavior.

Indorama Ventures Public Company Limited, a global sustainable chemical producer, was upgraded to "A" from "BBB" in MSCI’s ESG rating, reaffirming the company’s effective management of sustainability related risks and opportunities.

MSCI (Morgan Stanley Capital International), an independent provider of research-based indices and analytics, ranked Indorama Ventures among the top 14% of 65 companies worldwide in the commodity chemicals industry. The rating has placed it in the top quartile for opportunities in clean tech, water stress, corporate governance, and corporate behavior.

Indorama Ventures is committed to reducing water intensity by 10% by 2025 and 20% by 2030. It developed a Water Risk Assessment Report on its contributions to achieving sustainable management of water targets and the United Nations Sustainable Development Goals (UN SDGs). For improved corporate governance, the company provides whistleblowers with protection from retaliation, and has policies on business ethics and anti-corruption. Relating to opportunities in clean tech, Indorama Ventures’ is investing in recycling technology and biomass feedstock under its Vision 2030, and is also investing in operational efficiencies, carbon capture technology, renewable energy, and phasing out coal to reduce Scope 1 and Scope 2 greenhouse gas emissions.

MSCI ESG Ratings aim to measure a company’s resilience to long-term ESG risks. Companies are scored on an industry-relative AAA-CCC scale across the most relevant key issues based on a company’s business model. Investors, including pension funds, sovereign wealth funds, endowments, and asset managers, commonly consider the ratings to assess financial risks in the investment process.

Source:

Indorama Ventures Public Company Limited

05.05.2023

Perstorp: Actionable plans in place for reaching 2030 sustainability targets

Sustainable solutions provider Perstorp has turned its ambitious sustainability targets for 2030 into actionable roadmaps on the corporate level as well as for each of its production plants, outlining hands-on activities to lower greenhouse gas emissions, reduce waste, save fresh water and enable sustainable transformation throughout the value chain.

Over the last year, Perstorp has presented ambitious sustainability targets for greenhouse gas emissions (Scope 1, 2 and 3), as well as for water and waste, to be reached by 2030. The company has now supplemented those targets with roadmaps outlining the steps and actions needed to fulfil them and support customers in reducing their carbon footprint as well as lead Perstorp toward its long-term ambition of becoming Finite Material Neutral.

Sustainable solutions provider Perstorp has turned its ambitious sustainability targets for 2030 into actionable roadmaps on the corporate level as well as for each of its production plants, outlining hands-on activities to lower greenhouse gas emissions, reduce waste, save fresh water and enable sustainable transformation throughout the value chain.

Over the last year, Perstorp has presented ambitious sustainability targets for greenhouse gas emissions (Scope 1, 2 and 3), as well as for water and waste, to be reached by 2030. The company has now supplemented those targets with roadmaps outlining the steps and actions needed to fulfil them and support customers in reducing their carbon footprint as well as lead Perstorp toward its long-term ambition of becoming Finite Material Neutral.

The largest greenhouse gas emissions are found in Scope 3, which includes raw materials and end-of-life treatment of Perstorp’s products. The Scope 3 roadmap includes the steps necessary to drive the transition of the product portfolio from fossil-based to more sustainable, lower carbon footprint alternatives. This, in turn, will help enable Perstorp’s customers to achieve their own sustainable transition. One key project in this roadmap is Project Air, an initiative aiming to replace all the fossil methanol that Perstorp uses in Europe with methanol produced from residue streams such as carbon capture and utilization (CCU) and renewable sources like biogas. This alone is expected to reduce carbon dioxide emissions by 500,000 tons per year.

The corporate Scope 1 & 2 targets (direct greenhouse gas emissions from Perstorp´s production plants and purchased energy), as well as the targets for water and waste, have been broken down into local targets and roadmaps, firmly anchored in the specific prerequisites for each production plant.

Initiatives on reducing energy consumption and shifting to energy from non-fossil or recovered sources can, for example, be found in the local roadmaps, while the steps to reach those targets are tailored specifically to each location. Among the planned local activities are also initiatives to replace fresh water used in the production with purified wastewater and to find different ways to reuse and recycle waste from production.

Source:

Perstorp

05.05.2023

Stahl's emissions reduction targets approved by Science Based Targets initiative (SBTi)

Stahl announces that its near-term greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi). Stahl is one of the few coatings companies to receive this validation. To date, 145 companies in the chemicals sector have submitted an emissions reduction target to the SBTi, of which 61 have had their targets validated.

Stahl’s science-based targets, which reflect the company’s commitment to the 2015 Paris Agreement goals, are:  

  • Stahl Holdings B.V. commits to reduce absolute scope 1 & 2 GHG emissions 42.0% by CY2030 from a CY2021 base year.*
  • Stahl Holdings B.V. commits to reduce absolute scope 3 GHG emissions 25.0% by CY2030 from a CY2021 base year.

The SBTi classifies emissions reduction targets according to two potential temperature pathways: 1) limiting global temperature rises to 1.5°C above pre-industrial levels, and 2) limiting temperature rises to well below 2°C. The SBTi has determined that Stahl’s Scope 1 and 2 target is in line with a 1.5°C trajectory, while Stahl’s Scope 3 target has been validated in line with the well-below 2°C pathway.

Stahl announces that its near-term greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi). Stahl is one of the few coatings companies to receive this validation. To date, 145 companies in the chemicals sector have submitted an emissions reduction target to the SBTi, of which 61 have had their targets validated.

Stahl’s science-based targets, which reflect the company’s commitment to the 2015 Paris Agreement goals, are:  

  • Stahl Holdings B.V. commits to reduce absolute scope 1 & 2 GHG emissions 42.0% by CY2030 from a CY2021 base year.*
  • Stahl Holdings B.V. commits to reduce absolute scope 3 GHG emissions 25.0% by CY2030 from a CY2021 base year.

The SBTi classifies emissions reduction targets according to two potential temperature pathways: 1) limiting global temperature rises to 1.5°C above pre-industrial levels, and 2) limiting temperature rises to well below 2°C. The SBTi has determined that Stahl’s Scope 1 and 2 target is in line with a 1.5°C trajectory, while Stahl’s Scope 3 target has been validated in line with the well-below 2°C pathway.

Maarten Heijbroek, CEO of Stahl: “The validation of our Scope 1, 2, and 3 emissions reduction targets by the SBTi is an important milestone on our ESG journey as we strive to limit our contribution to global warming, in line with the Paris Agreement. Our targets are ambitious, and rightly so. Realizing our goal to help create a more responsible coatings value chain starts with being accountable for our own environmental impact, and taking concrete steps to reduce our emissions wherever possible.”

A clear strategy to reduce GHG emissions
Stahl’s approach to realizing its near-term emissions reduction targets is outlined in the company’s Environmental, Social, and Governance (ESG) Roadmap to 2030. This strategy defines the specific metrics against which progress on the company’s ESG commitments will be measured.

Stahl’s Scope 1 and 2 GHG emissions reduction targets, as submitted to the SBTi, cover emissions from all manufacturing sites where Stahl products are produced, as well as the company’s largest non-manufacturing locations. Stahl aims to lower these emissions by reducing its overall energy consumption and increasing the use of renewable energy at its sites. To achieve this, the company plans to increase its self-generated electricity capacity (using solar power, for example) and continue investing in more energy-efficient equipment.

Stahl plans to reduce its Scope 3 upstream emissions primarily by replacing fossil-based raw materials in its products with renewable alternatives, such as bio-based and recycled-based feedstocks. In addition, the company plans to introduce more low-impact raw materials into its product design.

* The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.

Source:

Stahl Holdings B.V.