Sustainability Targets
Our commitment to a sustainable future
Sustainability Targets
Our commitment to a sustainable future
“Our goal is to continuously improve our performance, with the ambition to mitigate climate change, reach zero injuries, waste, and harm focusing people safety, process safety and product safety. By setting ambitious goals, we aspire to be a net zero organization by 2050. We set new 2030 targets to
reduce absolute greenhouse gas (GHG) emissions by 40%, integrating net zero and climate change considerations into our strategy and planning, improving efficiency in our operations and providing solutions that help do the same. Additional targets include reducing total waste intensity by 10% and reducing water consumption intensity by 10% by 2030.
Aligned with and supporting UN Sustainability Development Goals
Eco-efficiency tracking in place at 100% of manufacturing sites.
95% of sites leverages some renewable energy source
~83% of electricity is low carbon based
~22% of organic raw materials are bio-based
Our plan to achieve these goals includes:
In addition, across all scopes: Exploring collaboration opportunities with our customers and suppliers as well as evaluating and deploying new innovation technologies such as those in the ICOS Capital Fund III, where we are a strategic investor.
The realization of our goals on the pathway towards net-zero relies on a number of considerations, including site evaluations, increased renewable energy, the rate of innovation, value-chain developments and regulatory requirements. Our Global Carbon Business Leader, Eduardo Nardinelli, is developing and executing a global business strategy for achieving our carbon emission reduction targets and is leading our carbon emission reduction initiatives.
Our plans align with the United Nations’ Sustainable Development Goals:
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.