Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Climate Change
• Circular Economy
• Employee Health & Safety
• Human Rights
• Diversity & Inclusion

Environmental Achievements

• Reduced electricity usage by 2% from 2017 to 2021
• Reduced total GHG emissions by 17% from 2017 to 2021 (Scope 1 by 9%, Scope 2 by 21%)
• Reduced nitrogen oxide emissions by 22% from 2017 to 2021
• Reduced total chemical emissions by 25% from 2017 to 2021
• Reduced waste by 17% from 2017 to 2021
• Reduced freshwater intake by 12% from 2017 to 2021
• Achieved ISCC certification for Mass Balance processes for polystyrene, polycarbonate, and styrene
• Acquired Heathland, a plastics collector and recycler

Social Achievements

• 74% of eligible facilities reached zero injuries, spills, or process safety incidents in 2022
• Implemented COVID-19 response team and voluntary vaccination incentive program
• Implemented COVID-19 employee safety training and work-from-home stipend
• Developed an award program to recognize employees at manufacturing sites who could not work from home
• Hosted employee Volunteer Days, with employees spending over 3,000 hours supporting over 60 organizations

Governance Achievements

• Board of Directors periodically assesses the Group’s governance against external standards
• Environmental, Health and Safety, Sustainability, and Public Policy Committee assists the Board with oversight of ESG programs
• Annual Sustainability and Corporate Social Responsibility Report reviewed, approved, and recommended for adoption by the Committee

Climate Goals & Targets

Environmental Challenges

• Challenging operating conditions including geopolitical uncertainty, high natural gas and energy prices, COVID-19 lockdowns in China, and rising interest rates
• Constrained margins and weaker demand leading to customer destocking
• Steep fluctuations in raw material prices
• Elevated natural gas prices in Europe
• Low demand in China
• Increased imports of lower-cost products from Asia into Europe
• Accidental release of latex emulsion product at Bristol, Pennsylvania facility

Mitigation Strategies

• Implemented liquidity-focused actions including reduced capital spending, operating expenses, and working capital
• Returned significant cash to shareholders through share repurchases and dividends
• Approved an asset restructuring plan to reduce costs, improve profitability, and reduce exposure to cyclical markets
• Reported the Bristol spill and cooperated with authorities; water sampling did not detect site-related material in the waterway
• Entered into commodity swap agreements to protect against fluctuations in energy prices

Supply Chain Management

Supplier Audits: Assess top 1,500 suppliers on key attributes in Trinseo Supplier Code of Conduct

Responsible Procurement

• Supplier Code of Conduct
• Achilles supplier self-assessment tool
• EcoVadis ratings
• Integrated risk management tool

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Circular solutions

Reporting Standards

Frameworks Used: TCFD, GRI, SASB

Certifications: ISO 14001, Responsible Care®

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• High-content PCR polycarbonate
• Bio-based raw materials
• PCR ABS, PCR TPE, PCR PMMA, and R-MMA

Awards & Recognition

• Not disclosed