Among the highlights in the report is a water-recycling project in drought-stricken South Africa, close to the one of the company's carbon black facilities.
For the sixth consecutive year, the company has been included in the FTSE4Good Index Series, which is designed to measure the performance of companies demonstrating strong environmental, social, and governance (ESG) practices against globally recognized standards.
The company obtained ISCC+ certification for its powder coating resins facility located in Sant Celoni, Spain; as part of a larger initiative designed to decarbonize the global coating value chain.
The accreditation of the site at Mobile allows Evonik to produce and market its renewable isophorone-based, VESTA eCO series in the United States for the first time.
The targets are recognized as being consistent with levels that climate science says are necessary to limit average global warming to well below 2 °C above pre-industrial levels.
ISEAL is a global membership organization that helps sustainability systems accelerate change on critical global challenges, drive impact, and establish markets.
According to the report, the need for sustainable manufacturing solutions is driving the growing market interest in self-healing materials, polymers, and coatings.