Trinseo has announced its 2030 Sustainability Goals.
Reaching a milestone celebrating its 10th anniversary this year, Trinseo believes it is high time to embark on an ambitious, measurable, and achievable longer-term sustainability journey.
This ambitious plan includes 15 long-term goals under five main categories that target climate change, sustainable products, supplier responsibility, responsible operations, and sustainable workforce. These goals were created, in part, from a critical assessment of the Company’s capabilities as well as valuable feedback from customers and suppliers.
“Given the many challenges our industry and society face, we believe that we must strive to be a driver of sustainable solutions,” said Walter van het Hof, Global Industry Affairs & Sustainability Leader, Trinseo.
“We have a responsibility as a company to contribute to making the world a better place, by solving significant problems with our technologies and promoting a culture that is true to our core values.”
Trinseo has committed to taking a deeper and more holistic look at its material topics and related impacts, based on the priorities of its stakeholders, Using inspiration from the United Nations Sustainable Development Goals (SDGs) and the Global Reporting Initiative (GRI) framework for sustainability reporting.
The five main categories of the sustainability goals include:
1. Climate Change • By 2035, reduce 1 & 2 GHG emissions intensity by 35% Scope with progress milestones of 10% reduction by 2025 and 20% reduction by 2030.
• By 2030, increase the share of electricity from non-fossil sources from 5% to 30%.
2. Sustainable Products • By 2025, dedicate at least 30% of technology and innovation/R&D efforts toward circular economy solutions.
• By 2030, increase the share of sustainably advantaged products to 40%.
3. Supplier Responsibility • By 2025, implement a Sustainability/Corporate Social Responsibility (CSR) Due Diligence program for new key suppliers as an addition to the existing supplier on-boarding process.
4. Responsible Operations • By 2030, reduce fresh water intake by 20%, overall waste generation by 15% and waste disposal to landfill to zero.
• By 2030, all pellet-handling sites achieve zero pellet loss to the environment through Operations Clean Sweep.
5. Sustainable Workforce • Continuously meet societal expectations to live out our values of safety, respect for people, and employee engagement.
