DyStar publishes its integrated sustainability report

The twelfth annual Sustainability Performance Report from DyStar, a top speciality chemical firm with more than a century of experience in product research and innovation, has been published. The report was created in compliance with the Core option of the new GRI Standards 2021. DyStar is still using the Integrated Reporting (IR) methodology to show how it has effectively brought concrete value to a variety of stakeholder groups in six important capitals.

A spokesperson for the company said that DyStar is pleased to inform that they have made progress toward some of their 2025 aim of decreasing their environmental footprint by 30% for every ton of product, from levels in 2011. On some, they are earnestly trying to improve; on others, not so much. Here are some of the major accomplishments for FY2021, according to a corporate spokeswoman.

As per the report Dystar revenue increased by more than 29% in comparison to 2020. There are no workplace deaths, serious injuries, or illnesses attributable to the job. A 40% decrease in the intensity of greenhouse gas (GHG) emissions compared to 2011.  37% less wastewater emission intensity in 2012 than in 2011

Mr. Xu Yalin, Executive Board Director of DyStar Group, said that as a major specialty chemical manufacturer and producer, DyStar will continue to responsibly invest in product innovation and expand into renewable energy, to deliver sustainable outcomes throughout the value chain and sectors.

Mr. Eric Hopmann, CEO of DyStar Group, added that they continue to be cautiously optimistic about the company’s financial and environmental performance. They started using an integrated value creation approach in 2020, and it has been successful in assisting us in achieving DyStar’s 2025 Sustainability Master Plan.

Hopman added that the Group was able to survive the worldwide pandemic in FY2021, steering itself toward hopeful development and recovery. Recent geopolitical events and socioeconomic variables, such as rising energy prices, will provide problems for DyStar and the larger supply chain. In order to continue creating value for all of their stakeholders over the long term, well beyond this, we feel it is essential to remain dedicated to their 2025 Sustainability targets.