NewMarket Corporation

Climate Impact & Sustainability Data (2023)

Completed water risk assessments for all operations.
Reduced the amount of a carcinogenic impurity in a key raw material for lubricant additives.
Integrated new industry standards and technology to improve environmental data analysis and data-sharing capabilities.
Singapore plant installed new refrigerant systems with zero GWP, reducing electricity consumption.
Houston plant optimized flare burner efficiency, reducing emissions.
Several plants progressed in on-site deployment of solar technology.
Various activities reduced waste associated with filtering activities.

Zero serious injuries across all manufacturing and R&D sites in 2023.
Zero recordable injuries at several key facilities.
Singapore plant achieved 3 million safe work hours with zero recordable injuries.
San Juan del Rio plant achieved 1 million safe work hours with zero recordable injuries.
Successfully reduced the amount of a carcinogenic impurity in a key raw material for lubricant additives (after more than 2 years of work with suppliers).
Full-time employee turnover rate of approximately 11.7%, global quit rate of approximately 4.6%.

Medium-term Goals:

Rapidly changing times within industries and the wider world.
Developing challenges in the industry and beyond.
Potential environmental risks associated with the harvesting and processing of some agriculturally derived raw materials.

Closely monitoring the swiftly changing global ESG landscape.
Delivering solutions through existing strategy and continuously enhancing ability to meet the needs of the entire value chain.
Working closely with stakeholders throughout the supply chain.
Global supply chain audit program to evaluate suppliers.
Working with suppliers to improve their practices.
System in place to ensure agriculturally derived raw materials are responsibly sourced.