Highlights mark progress toward ESG goals to2025 and beyond, including environmental goals to help the Companyreach a net-zero carbon future.
DOWNERSGROVE, Ill., June 6, 2024/CNW/ -- Univar Solutions LLC ("Univar Solutions" or "theCompany"), a leading global solutions provider to users ofspecialty ingredients and chemicals, announced today released its2023 ESG report, which is available through the Univar Solutionswebsite athttps://www.univarsolutions.com/sustainability/esg-resources. Thereport tracks Univar Solutions' progress against its ESG targetsover the past year and shares 2023 metric highlights including:
Report marks progress toward ESGgoals including environmental goals to help the Company reach anet-zero carbon future.
Delivered significant progress on environmentalgoals:
- Continued our emissions reduction activities bringing globalScopes 1 and 2 emissions down 19.90 percent from our baseline,closing in on our 2025 target.
- Univar Solutions has set a new and first-time Scope 3 goal toreduce our Scope 3 emissions intensity 15 percent by 2030.
- Improved our significant release metrics from our baseline of82, down to our 2023 performance of 76.
- Reduced our hazardous waste by 16.51 percent and increased therate of general waste recycled to 19.21 percent.
- Reduced water waste by 34.64 percent from our baseline,surpassing our target.
- Increased our Sustainable and Natural Product range to over 600unique materials, helping our customers meet their goals whilereducing value chain impacts.
Strengthened positive impact on society:
- Despite our increase in Total Case Incidence Rates (TCIR) to0.45 from a record low in 2022, we maintained a rate below ourbaseline of 0.47.
- We have met both of our targeted metrics on diversity withinour teams, surpassing our goal to 2025, two years early.
Advanced governance issues:
- Maintained our EcoVadis Gold rating, increasing our score to76/100, placing our business in the top 3 percent of all assessedcompanies.
- At the end of 2023 we achieved our target to communicate to allproduct suppliers our expectations on ESG topics via issuance ofour Global Supplier Code of Conduct.
- We further expanded our assessment of our suppliers to 54.4percent of our spend coverage, up from 44.5 percent in 2022.
"Our people are what make the difference as we continue to focuson progressing toward our goals for 2025 and beyond, saidDavid Jukes, president, and chiefexecutive officer. "We remain committed to executing our plans andadvancing our sustainability journey as we look to deliverenvironmental and social value throughout our business and supplychain."
Univar Solutions achieved multiple recognitions including beingnamed to FORTUNE's World's Most Admired Company List, TIME's BestCompanies for Future Leaders List, and Newsweek's America's MostResponsible Companies List. The Company was also named as a BestPlace to Work for LGBTQ+ Equality by the Human Rights Campaign(HRC) Foundation, after receiving a score of 100 on the CorporateEquity Index (CEI) for a third year in a row while maintaining therecognition as a Great Place To Work® in Brazil and Mexico.
"I couldn't be prouder to see these results as our Company iswell positioned to continue building on this progress and movecloser to achieving our goals for 2025, said Alexa Colin general counsel and secretary andexecutive ESG lead at Univar Solutions. "These results help showhow ESG is fundamental to our efforts to build a better tomorrowfor our communities, while taking care of customer and supplierneeds."
"This year has been quite the journey as we collaborated acrossthe Company to help deliver our targets and bring value to ourstakeholders," said Liam McCarroll,global sustainability director. "I'm excited with where we are atas we look forward to the work that remains for us to achieve ourgoals for 2025 and meet these objectives while delivering on ourpurpose to help keep our communities healthy, fed, clean, andsafe."
For a complete review of Univar Solutions' progress to a moresustainable future, please see the full sustainability report athttps://www.univarsolutions.com/esg-resources and for more on theUnivar Solutions' Sustainable and Natural Products Portfolio visithttps://www.univarsolutions.com/sustainable-products.
About Univar Solutions
Univar Solutions is a leadingglobal specialty chemical and ingredient distributor representing apremier portfolio from the world's leading producers. With theindustry's largest private transportation fleet and technical salesforce, unparalleled logistics know-how, deep market and regulatoryknowledge, formulation and recipe development, and leading digitaltools, the Company is well-positioned to offer tailored solutionsand value-added services to a wide range of markets, industries,and applications. While fulfilling its purpose to help keepcommunities healthy, fed, clean and safe, Univar Solutions iscommitted to helping customers and suppliers innovate and focus onGrowing Together. Learn more atwww.univarsolutions.com.
Forward-Looking Statements and Information
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SOURCE Univar Solutions LLC
