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Trinseo, a speciality material solutions provider, has released its 2024 Sustainability & Corporate Social Responsibility Report.
“We remain focused on becoming a speciality material solutions provider that prioritises sustainability and innovation,” said Frank Bozich, President and Chief Executive Officer. “Chemical manufacturing is an ever-evolving landscape, and I am incredibly proud of the work we accomplished in 2023. I am confident that we are cultivating a sustainable future here at Trinseo.”
Trinseo’s 2030 Sustainability Goals drive its sustainability initiatives and in 2023, the Company made significant strides toward its Climate Change goals. Guided by the Company’s decarbonisation strategy, Trinseo is focused on developing the resources to achieve carbon excellence, evaluating renewable energy options, and implementing clean power electrification to support a long-term impact. Aligned with the Company’s goals of reducing its Scope 1 and 2 GHG emissions, Trinseo conducted energy assessments at many of its global facilities, which will be used to identify potential sites for physical renewable energy supply.
Advancing Trinseo’s Scope 3 GHG emissions management goal also remains a priority. As part of this initiative, a Scope 3 Council was established to oversee the Company’s Scope 3 GHG Emission Inventory calculations. This Council aims to deliver a comprehensive and accurate understanding of Trinseo’s footprint, with the goal of assuring the Scope 3 inventory results through a third party.
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“Sustainability is the backbone of our strategy at Trinseo and a key pillar of our future,” said Francesca Reverberi, Senior Vice President of Engineered Materials and Chief Sustainability Officer. “From the Board down, everyone remains engaged in our efforts to create a sustainable workforce, reduce our carbon footprint, build a circular value chain, and operate responsibly.”
Additional highlights from the Company’s 14th annual Sustainability Report include:
- Advancing Recycling Technologies: Trinseo launched a pilot facility for polycarbonate dissolution at its site in Terneuzen, The Netherlands, as well as broke ground on a polymethyl methacrylate depolymerisation facility in Rho, Italy. These recycling technology advancements complement existing methodologies and could help make these materials more circular.
- Enhancing the Sustainable Workforce Goals: The Company’s 2030 Sustainable Workforce Goals were expanded to help the Company achieve a more inclusive workforce that prioritises talent development and safety. These aspirational goals provide a future vision to guide recruiting, developing and retaining an inclusive workforce.
Trinseo’s 2023 Sustainability Report was prepared with reference to the Global Reporting Initiative (GRI) 2021 Universal Standards, and it incorporates the Sustainability Accounting Standards Board (SASB) framework. To complement the Sustainability Report, Trinseo also published a Core Impact Report that provides a holistic view of how the Company defines, creates, and disperses value over time.
For more information about how Trinseo is cultivating a circular transformation, visit Trinseo.com/Sustainability.