Articles Tagged with ''sustainability''

According to EcoVadis, Scott Bader's sustainability rating has increased to Gold thanks to the implementation of additional measures to report on environmental management, its commitment to reducing emissions by 60% by 2025, and its commitment to be completely carbon neutral by 2028.

JUST ranks the largest publicly traded U.S. companies on the companies’ performance in the following five categories: treatment of workers, communities, customers, shareholders/governance, and environment. PPG has been included on this list since 2018.

According to the report, there is growing consumer demand and regulatory push for bio-based chemicals, materials, polymers, plastics, paints, coatings, and fuels with high performance, good recyclability, and biodegradable properties to underpin a transition towards more sustainable manufacturing and products.

This is the second consecutive year IVL has received this ranking. Factors that increased the company’s score include its ambition to use 16% bio-based and 10% recycled raw materials (rPET) as feedstock by 2030, and safer green chemistry substitutions to reduce toxicity from raw materials and production processes.

Covestro received the highest possible grade A in four out of 10 categories. Covestro's overall score makes it one of 24% of companies in the chemical industry peer group that received such a rating, and rates it higher than the average for this group, which is B-.

Based on data reported through CDP’s 2022 Climate Change questionnaire, Hempel is recognized for addressing the environmental impacts of its business and ensuring good environmental management. Hempel says it is prepared to respond to the increasing demand for environmental transparency from financial institutions, customers, and policymakers.

Following an in-depth assessment by EcoVadis, Archroma further improved its score by four points (from 78/100 to 82/100). The company says the improvement is due to its ongoing efforts in sustainable procurement, focusing on supply chain transparency and best practice sharing with suppliers and industry peers.

All Perstorp production plants use water for multiple purposes: as a solvent for chemical reactions, a carrier for products, a heat-transfer medium, and for cooling. The Stenungsund project will enable wastewater from the water treatment plant to be further purified and reused at the Perstorp Oxo production plant.

Upon commercialization of these projects, more than 65% of the energy for its Roha, India, and Cuddalore, India, sites will be supplied by renewable sources. The investment process is expected to close after customary reviews in the coming weeks.

Since 2017, Orion has disclosed its climate-related performance through CDP. Until now, the company has received a “C” score, indicating an awareness level of engagement. CDP says companies with a “B” score have reached the management level. Accordingly, a company with this score has addressed the environmental impacts of its business, and ensured good environmental management.