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The Sustainability Report 2023, which is now digitally available, provides important insights into the past financial year and clearly summarises the main ecological, economic and social developments.
Sustainability is an integral part of the corporate strategy of the CHT Group. The CHT Group uses the terms PEOPLE, PLANET and PERFORMANCE to emphasise its commitment to the three dimensions of sustainability worldwide and sets itself further goals. The CHT Group consistently aligns its sustainability strategy with all three ESG dimensions. Climate protection plays a central role worldwide – the corporate carbon footprint (Scope 1-3) 2023 adds up to 456 kt CO2(e). The Group is pursuing the goal of becoming climate-neutral by 2045.
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PPG completes US$2.7M expansion of powder coatings factory in Sumaré, Brazil
At the end of 2021, the CHT Group signed up to the Science Based Targets initiative (SBTi) to meet the goals of the Paris Climate Agreement and committed to the 1.5 °C target SBTi has validated the CHT Group’s reduction targets – by 2030, Scope 1+2 emissions will be reduced by – 42 % and Scope 3 emissions by – 25 %. 82 % of sales were achieved with sustainably classified products.
The implementation of sustainability targets and the transformation to climate neutrality must be financed. To achieve this, we need to market our sustainable chemical solutions profitably worldwide.
You can find the latest edition of the report here: https://sustainability-report.cht.com