"I am proud of our record-breaking people and process safety performance, and the increased efficiency of our carbon usage in a year when we delivered significant growth in production volume and revenue."
Charlie Shaver, Chairman and CEO
More"I am proud of our record-breaking people and process safety performance, and the increased efficiency of our carbon usage in a year when we delivered significant growth in production volume and revenue."
Charlie Shaver, Chairman and CEO
MoreSustainability at Nouryon
We believe that good chemistry is key to a sustainable future. Sustainability is a key business driver and integral to our operations and product offering. Key 2021 highlights include joining the UN Global Compact, a record-breaking safety performance in terms of people and process safety, carbon-neutral manufacturing progress at six sites, 71% of our R&D pipeline is focused on solutions with sustainable benefits that meet growing customer needs and EcoVadis Gold rating and Carbon Disclosure Project (CDP) B Climate Change score. Read more in our 2021 Sustainability Report.
Aligned with and supporting UN Sustainability Development Goals
74% process safety incident rate decrease
Set target to reduce our absolute GHG emissions by 40% by 2030, along with our 2050 net zero aspiration.
71% of our R&D pipeline is focused on solutions with sutainable benefits
38% of our revenue from Eco-Premium Solutions
Sustainability is at the core of our operations and our focus on continually improving our safety performance and further reducing our environmental footprint for the benefit of our employees, contractors, customers, communities, and the environment shows in our recordbreaking safety performance in terms of people and process safety.
Top-quartile performer in people safety.
78% reduction in Process Safety Events*
Eco-efficiency tracking in place at 100% of manufacturing sites.
15% reduction of our total waste intensity*
31% reduction of our water consumption intensity*
We are dedicated to helping our customers achieve their sustainability goals and to growing our attractive end-markets by investing resources, via our Innovation and Application Centers and through our talent and capacity. Our end-markets are driven by societal mega-trends and the associated trends influencing our customers, among them, increasing demand for: eco-friendly and more-natural, bio-based products; renewable energy and raw materials; biodegradable solutions; reduced carbon emissions, and recycling improvements. 2021 examples include LumaTreat®, our revolutionary smart-tagged polymers for water treatment.
38% of revenues from Eco-Premium Solutions
Retention rate of more than 98% over the past five years for our top 250
customers
Megatrends drive growth for sustainable solutions like Amaze™ SP Natural Polymers for hairstyling
11 strategically located Innovation and Application Centers
First Chinese Continuous Initiator Dosing License for Leading PVC producer
ArmoSoft® DEVQ: New vegetable based active for fabric softeners
We actively engage and partner with our employees, customers, suppliers, and society to drive progress. We empower our people to successfully deliver on our Company purpose and strategy through our Values: ‘We aim high’, ‘We own it’, and ‘We do it right’. These form the backbone of our performance-driven culture.
We are proud of our partnerships and the recognition we have received in 2021.
Our track record has earned us a Gold Rating by EcoVadis, placing Nouryon in the top 3% of companies then assessed by the global sustainability ratings provider in 2021. We voluntarily provided responses to the Carbon Disclosure Project (CDP) climate questionnaire resulting in a first-time score of B for Climate Change.
As a member and signatory of the United Nations Global Compact, we support the objectives of the Paris Agreement on climate change. We also participate in policy discussions on sustainability within our industry via trade associations.
Governance and Doing our Part throughout the Value Chain
We invite you to read more about all of the progress we are making in this report. And, as in previous years, we transparently report relevant data, including a clear overview of our Environmental, Social, and Governance
(ESG) data. Thank you for your interest in Nouryon’s contribution to a
sustainable future.