Committed to a sustainable future
Chemistry is essential for thousands of products we use every day and at Nouryon, we believe good chemistry is key to a sustainable future.
Our ‘Commitment to a Sustainable Future’ is based on three pillars:
Our approach includes two ambitious goals: Reduce absolute carbon emissions from our operations and energy use by 25% between 2020 and 2025 and increase our use of low-carbon and renewable energy to at least 60% by 2025.
We are a signatory of the UN Global Compact. We involve both internal and external stakeholders in the development and governance of our sustainability agenda. We disclose our Environmental, Social and Governance (ESG) results on an annual basis, following the Sustainability Accounting Standards Board (SASB) disclosure standards.
Strengthening our sustainability commitment by joining the United Nations Global Compact
Sustainability is a cornerstone of our strategy to achieve long-term growth and we involve a wide range of experts and stakeholders in the development of our sustainability agenda.
Our focused approach is anchored in a Materiality Assessment conducted in 2019, which helped identify key sustainability issues that are most important to the company and where we can have the biggest impact.
Sustainability is the collective responsibility of the Nouryon Leadership Team, led by Charlie Shaver, Chairman and CEO. The Chief Sustainability & Communications Officer, Vivi Hollertt, develops and oversees Nouryon’s global sustainability approach. All members of the Leadership Team have ownership of ESG topics and initiatives
Operational and environmental sustainability is managed directly by the Integrated Supply Chain function, reporting to the Chief Integrated Supply Chain Officer. This includes overseeing our performance on safety, greenhouse gas emissions and energy use, eco-efficiency program, and water management strategy. This ensures that our sustainability performance is supported at all our manufacturing sites around the globe. Sustainable Sourcing, which also falls under Integrated Supply Chain, is the responsibility of the Chief Procurement Officer. Responsibility for Compliance lies with the Executive Vice President, Business Affairs, General Counsel and Corporate Secretary and a dedicated Chief Compliance Officer and Vice President of Inclusion & Diversity who also leads Diversity & Inclusion. Human Resources, including the development and empowerment of our people, is overseen by the Chief Human Resources Officer.
Nouryon is committed to transparency and discloses its sustainability progress in an annual Sustainability Report, which is assured by an independent third party and Environmental, Social and Governance (ESG) data sheet. We are a signatory of the UN Global Compact and follow the Sustainability Accounting Standards Board (SASB) disclosure standards. As of July 2021, we report our climate actions to the Carbon Disclosure Project (CDP). In addition, we have started on our Task Force on Climate related Financial Disclosures (TCFD) reporting journey.
Keep aiming high
Our sustainability performance was rated “Silver” by the EcoVadis CSR platform. EcoVadis rated Nouryon based on a range of indicators spanning environmental performance, labor & human rights, ethics and sustainable procurement.
Our sustainability achievements place Nouryon in the top 10% of companies rated by EcoVadis. As one of our values states, ‘We aim high’ as a company
and therefore we have our sights set on further improving our sustainability performance and EcoVadis rating from our strong position.
More about our performance