Sustainability Targets

Our commitment to a sustainable future

As the transition to a net zero carbon economy accelerates, we continue to challenge ourselves to reduce impacts, mitigate risks, and harness growth opportunities related to climate change. Here you can see the targets we have set, and our current progress towards our milestones.

Sustainability Targets_20230724.jpg
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. We set 2030 targets to reduce absolute GHG emissions (Scopes 1 and 2) by 40%, total waste intensity by 10%, and fresh water consumption intensity by 10%, versus a 2019 base year. We aspire to be a net-zero organization by 2050. Our 2030 targets are aligned with the UN Paris Agreement.

Progress towards targets:

Eco-efficiency tracking in place at 100% of manufacturing sites.

34% of our energy comes from renewable sources such as hydro, wind, solar,
biomass for power, and steam from waste biomass

Carbon neutrality in Scopes 1 and 2 achieved at five manufacturing sites

22% of organic raw materials are from renewable sources

Mons site sources 100% renewable electricity

Our Mons, Belgium site purchases 100% renewable electricity. In 2021, we shifted 15% of the site’s electricity needs to solar cells located at our site. In 2022, we started developing...

Case

Our plan to achieve our GHG emissions reduction targets:

Our Carbon Business Strategy has a long-term horizon and is overseen by Global Carbon Business Leader Eduardo Nardinelli. In 2022, we established a GHG emissions reduction roadmap with tangible actions to achieve our 2030 targets. To inform this process, we assessed customer needs in strategic end-markets, and the regulatory and policy landscape. We will focus on the following key areas: Carbon Operational Excellence, Energy Transition,
Innovation and Value Chain Collaboration.

  • Scope 1: Improving efficiency in our operations and optimize our fuel mix. Achievements include the partnership with Adven to
    source steam for our Kvarntorp site produced from renewable wood pellets and avoid having to create steam on site using fossil fuels. Supply expected to start in the second quarter of 2023.
  • Scope 2: Increasing our use of renewable energy through power purchase agreements (PPA), on-site renewables, and green utility programs. Achievements include our solar/wind powered Mons site in Belgium, our Guangzhou, China that runs on 100% electricity
    from renewable energy and, five carbon neutral manufacturing sites in Brazil. 
  • Scope 3: We are currently analyzing indirect GHG emissions from activities across our value chains. Achievements includes evaluating potential lower-carbon raw materials with suppliers.

In addition, across all scopes we are:

  • 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.
  • Integrating net zero and climate change considerations into our strategy and planning.
  • Alignment with United Nations Sustainable Development Goals
  • Running several projects in the pipeline across all regions, including:
    • Signing the first on-site PPA in North America
    • Transitioning to renewable electricity in China
    • More solar panels and a wind turbine at our site in Mons.

ESG Reporting

The pathway to achieving our 2030 GHG targets.
The pathway to achieving our 2030 GHG targets.

Our plan to achieve our waste and water targets

Between 2019 and 2022, we reduced our fresh water consumption intensity by 5%, with our Oulu, Ningbo and LeMoyne sites being the main contributors to this reduction. While about half of our sites decreased their waste mainly by finding alternative uses for our waste streams and effectively turning waste into byproducts, our total waste intensity increased by 13%. We remain dedicated to achieving our 2030 water and waste targets and are in the process of putting a plan in place to ensure these targets are met.

More

Our plans align with the United Nations’ Sustainable Development Goals:

We have achieved Carbon Neutrality at Five Manufacturing Sites

This achievement supports the company’s sustainability agenda, ‘Commitment to a Sustainable Future’:

Download infograph

Download the Sustainability Report 2022

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 and do not miss our Sustainability Report online report experience.  

Full Report    ESG/Fact Sheet

Related news

Nouryon manufacturing network transitions to 100 percent electricity from renewable sources in Brazil

21 Sep 2023 - News

Highlighting contribution of our portfolio of sustainable solutions to revenue growth in 2022 Sustainability Report

4 May 2023 - News

Becoming a member of global initiative Together for Sustainability

19 Apr 2023 - News

We respect your privacy.

We use essential and non-essential cookies to provide, secure, analyze and improve our services. Click 'Agree' to accept or edit your preferences or learn more about our Cookie Policy.

You can change settings at any time.

Edit preferences