Balchem Corporation
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:77,281 tCO2e (Scope 1 and 2)
Renewable Energy Share:29%
Water Consumption:4,214,588 m3
Waste Generated:684 tons (hazardous)
Carbon Intensity:98 metric tons/million revenue (2021)
ESG Focus Areas
- People
- Planet
- Profit
Environmental Achievements
- Reduced GHG emissions by 76.8 thousand tCO2e from 2020 to 2021 through various initiatives including new technologies, alternative energy, product reformulation, operational improvements, and green energy.
- Reduced water usage by 4,038 thousand CBM from 2020 to 2021 through water reduction and recycling, cleaning efficiencies, new technologies, and operational improvements.
- 99% of hazardous waste reused or recycled.
Social Achievements
- Launched Kooler Kids program, placing refrigerators in 15 locations across 10 states to address food insecurity.
- Continued partnership with Vitamin Angels, reaching 200,000 women and children in need.
- Expanded employee matching donation program, supporting 54 charitable organizations.
- Improved Total Recordable Injury Rate (TRIR) to 0.99 from 1.04 in 2020.
- Expanded leadership program offerings through eCornell, including unconscious bias training.
Governance Achievements
- Elected Ms. Kathy Fish to the Board of Directors, bringing new product development and direct-to-consumer expertise.
- Named one of “America’s Most Responsible Companies” by Newsweek for the second consecutive year.
- Consolidated multiple ERP systems into one platform, improving operational efficiency.
Climate Goals & Targets
Medium-term Goals:
- Reduce global water usage by 25% by 2030 (from 2020 baseline).
Short-term Goals:
- Reduce GHG emissions by 25% by 2030 (from 2020 baseline).
Environmental Challenges
- Ongoing pandemic
- Global supply chain disruptions
- Significant input cost inflation
- Tight labor market
Mitigation Strategies
- Established a strategic plan to guide short-, mid-, and long-term goals.
- Implemented robust supplier approval program and adherence to Supplier Code of Conduct.
- Invested in infrastructure to achieve reduction goals (sustainability intranet, dedicated engineering team).
Supply Chain Management
Supplier Audits: 75% of hazardous material suppliers audited in the last 3 years
Responsible Procurement
- Supplier Code of Conduct
- Raw material quality sourcing approval program
- Commitment to sourcing regionally and near facilities
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards: Core option, SASB, UN Sustainable Development Goals (SDGs)
UN Sustainable Development Goals
- Goal 2: Zero Hunger
- Goal 3: Good Health and Well-being
- Goal 6: Clean Water and Sanitation
- Goal 7: Affordable and Clean Energy
- Goal 8: Decent Work and Economic Growth
- Goal 9: Industry, Innovation, and Infrastructure
- Goal 12: Responsible Consumption and Production
- Goal 13: Climate Action
Awards & Recognition
- America’s Most Responsible Companies by Newsweek (2 consecutive years)