U.S. Commercial Service
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Sustainability
- Circular Economy
- Raw Material Sourcing
- Waste Management
Environmental Achievements
- Increasing the circularity of fiber-reinforced composite materials to reduce environmental impacts and increase sustainability of composites.
- Industry provides solutions for reducing carbon emissions in mobility, renewable energy, eco-friendly constructions, and sound waste management practices.
Climate Goals & Targets
Environmental Challenges
- Shortage of semiconductors
- Supply chain problems
- Ukraine war
- Raw materials price increases
- Challenges related to raw materials, rising energy prices, supply chain disruption and EU regulations
Mitigation Strategies
- Turning challenges into opportunities by increasing circularity and developing sustainable technologies.
- Investing in relationships with local partners
- Establishing subsidiaries and making further local investments to expand market share.