Eastman Kodak Company
Climate Impact & Sustainability Data (2021 and partly through 2022, 2022)
Reporting Period: 2021 and partly through 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Achieved 30% reduction in Scope 1 and Scope 2 emissions
- 65% increase in spent solvents recovered
- 52% waste diverted from landfill and incineration
- KODAK SONORA Process Free Plates estimated to save the print industry 3.3M liters of plate developer, 24M kWh of electricity, and 507M liters of water per year.
Social Achievements
- 11% year-over-year improvement in Occupational Injury Rate (OIR) in 2021
- Maintained 100% Human Rights Campaign Corporate Equality Index score
- 31% of management team and 38% of executive leadership are women.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce GHG emissions from worldwide operations by 25% by 2025 (indexed to revenue)
- Reduce water consumption from worldwide Kodak operations by 25% by 2025 (indexed to revenue)
- Achieve 99% overall waste diversion from landfill and incineration by 2025
- Triple the quantity of spent solvents recovered by 2025
Environmental Challenges
- Transition to digital printing impacting the plates business
- Need to further integrate sustainability into products and operations
Mitigation Strategies
- Developing in-house life cycle assessment and carbon footprinting capabilities
- Joined the Sustainable Green Printing Partnership
- Focusing on sustainable products like SONORA Plates and water-based inks
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Social & Environmental Standard
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: TCFD
Certifications: ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 5
- SDG 7
- SDG 8
- SDG 10
- SDG 12
- SDG 17
Not disclosed
Sustainable Products & Innovation
- KODAK SONORA Process Free Plates
- KODAK PROSPER water-based inks
- KODALUX Light Control Technology
- KODAK NEXFINITY Digital Press
Awards & Recognition
- 2020 European Digital Press Association Award
- 2020 Printing United Alliance Product of the Year
- 2020 InterTech™ Technology Awards
- 2021 European Digital Print Award
- 2021 Pinnacle InterTech™ Award
- 2021 Keypoint Intelligence Buyers Lab Outstanding Innovation Awards
- 2021 American Business Awards® Stevie Awards
- 2022 Business Intelligence Group’s Sustainability Service of the Year
- 2022 Pinnacle InterTech™ Award
- 2022 GP Materials and Environmental Award
- 2022 Pinnacle Product Award
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:294,612 tCO2e/year
Scope 1 Emissions:12,018 tCO2e/year
Scope 2 Emissions:282,594 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:858,601,080,129 kJ/year
Water Consumption:Not determined
Waste Generated:3,434,268 tons/year
Carbon Intensity:0.00024 CO2e/$ (Scope 1 and Scope 2 emissions only)
ESG Focus Areas
- Climate Change
- Waste
- Water
- Biodiversity
- Safety
- Diversity & Inclusion
- Recycling
- Sustainable Innovation
- Data Security
- Ethics and Integrity
- Community Impact
- Employee Health, Safety and Well-being
- Human Rights
- Sustainable Procurement
Environmental Achievements
- Achieved 99% overall waste diversion from landfill and incineration.
- Achieved a 54% reduction in GHG emissions in 2022 compared to the baseline year of 2016.
- 51% increase in quantity of spent solvents recovered in 2022 compared to 2016.
Social Achievements
- Achieved a 25% reduction in Occupational Injury Rate (OIR).
- Maintained a 100% Human Rights Campaign Corporate Equality Index score.
Governance Achievements
- Established an ethics and compliance alert line for discreet reporting of infringements.
- 95% completion rate across all employees for corporate compliance training.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce GHG emissions from worldwide operations by 25% by 2025.
- Reduce water consumption from worldwide Kodak operations by 25% by 2025.
- Triple the quantity of spent solvents recovered by Kodak from external sources by 2025.
Environmental Challenges
- Supply chain pressures, materials shortages and global energy concerns.
- Discrepancy in previously reported water consumption data.
- Challenges in tracing conflict minerals in the supply chain.
Mitigation Strategies
- Building resiliency into the sustainability program.
- Working to update water consumption data.
- Working with suppliers to establish due diligence programs for conflict minerals.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Social & Environmental Standard; focus on diverse suppliers; sourcing from local suppliers where possible.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events disrupting operations
Transition Risks
- Regulatory changes
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 5
- SDG 7
- SDG 12
Our sustainability report highlights our work in several key areas of the UNSDGs, including diversity, equity and inclusion (SDG 5), clean energy (SDG 7) and responsible consumption and production (SDG 12).
Sustainable Products & Innovation
- SONORA Process Free Plates; KODAK PROSPER presses; KODACHROME and EKTACOLOR water-based inks; KODALUX Fabric Coating.
Awards & Recognition
- 2022 Business Intelligence Group’s Sustainability Service of the Year: Solvent Recovery Business
- 2022 Pinnacle InterTech™ Award: KODAK MAGNUS Q4800 Platesetter
- 2022 GP Materials and Environmental Award: Materials category, green printing
- 2022 Pinnacle Product Award: KODAK 5th Imaging Solutions – NEXFINITY Digital Presses
- 2023 European Digital Print Award: UTECO Sapphire EVO W Press and KODACHROME Packaging Inks
- 2023 Best Licensed Brand award
- 2023 American Business Awards® Stevie Awards Gold award