Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Safety
• Diversity & Inclusion
• Community Investment
• Responsible Sourcing

Environmental Achievements

• Minimizing hazards in portfolio
• Formulating with renewable raw materials
• Transitioning solutions to support low-carbon economy
• Reducing direct emissions
• Managing water responsibly
• Minimizing waste

Social Achievements

• Embracing diversity and inclusion
• Investing in employee growth and development
• Supporting local communities’ development
• Maintaining a strong safety culture
• Achieved excellent 0.33 OII rate (global safety performance)

Governance Achievements

• Restructured Sustainability organization to report directly to the Chief Strategy Officer
• Launched Sustainability Program with short- and long-term goals aligned with UN SDGs
• Board Sustainability Committee consists entirely of non-management directors with relevant experience and expertise in sustainability matters.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacts
• Raw material availability
• Supply chain disruptions
• Shortage of semiconductors
• Inflationary environment

Mitigation Strategies

• Successfully managed the company during challenging market conditions
• Continued to outperform the market and successfully service customers globally
• Refined performance metrics under Annual Incentive Plan (AIP) to incorporate integration measures

Supply Chain Management

Responsible Procurement

• Sustainable sourcing of raw materials
• Ensuring ethical treatment throughout supply chain

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB Chemical Industry Standards, GRI, TCFD