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NewsAdhesives and Sealants TopicsAdhesives & Sealants HeadlinesSustainabilityRaw Materials and Chemicals

Trinseo Releases Annual Sustainability & CSR Report

Image of hands holding green globe

 

July 3, 2024

Specialty material solutions provider Trinseo announced the release of its 2024 Sustainability & Corporate Social Responsibility Report. The report highlights the following: greenhouse gas emissions decreased by 23%, resulting in a 51% reduction since the base year of 2017; renewable energy increased by 5%, with 18% of the electricity consumed by Trinseo coming from biomass, wind, solar, and hydroelectric sources; and greenhouse gas emissions intensity decreased by 11%, with a total reduction of 21% since the base year of 2017. 

"We remain focused on becoming a specialty material solutions provider that prioritizes 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 decarbonization 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. 

"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 depolymerization 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 prioritizes 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.


KEYWORDS: general business sustainable manufacturing

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