Innospec Inc.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Renewable Energy Share:19%
ESG Focus Areas
- Greenhouse Gas Emissions
- Sustainable Raw Materials
- Responsible Business Actions
- Community Engagement
- Enabling mild, natural and sustainable product formulation
- Lowering carbon footprint
- Lowering cost and increasing efficiency of recovery and transport
Environmental Achievements
- 48% reduction in Scope 1 & 2 Greenhouse Gas emissions since 2014 baseline
- 12/13 manufacturing sites procure 100% renewable electricity
- 19% of total energy mix sourced from renewables
Social Achievements
- New social partnership with International Justice Mission to increase protection for palm oil workers in Southeast Asia
- Over $1.4 million raised since 2016
- 434 organizations supported since 2016
- 2,590 volunteering hours undertaken since 2016
Governance Achievements
- EcoVadis Gold 2019-2024 accreditation (Top 5% of suppliers evaluated in our sector)
- CDP Voluntary Disclosure: Climate: B, Water Security: B
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- Member of RSPO and ASD
- Palm transparency: refinery (97%) and mill (98%) well above industry averages
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Dry and concentrated formats
- Sulfate and 1,4-dioxane free
- Naturally derived