Netherland-based Stahl has launched its 2021 Environment, Social, and Governance report in order to increase emphasis on value-chain sustainability and transparency. The report details the company's goals for sustainable growth as well as its accomplishments over the last year. It also includes Stahl's ambitious 2030 climate mitigation ambitions, such as a shift to more renewable feedstocks.
Stahl's commitment to reporting honestly on its progress toward a more sustainable chemicals value chain is shown by the 2021 Stahl ESG Report. This recognizes the critical role that industry must play in combating climate change while also improving the quality of life for more people. A significant focus of the new report is an update on Stahl's ESG Roadmap. This ten-year plan, which was introduced last year, describes the company's ESG commitments and goals.
Stahl is committed to lowering greenhouse gas (GHG) emissions from all operations over which it has influence. This includes investing in renewable energy and improving process efficiency to reduce GHG emissions directly generated by Stahl's own activities and the energy needed to power them. In this regard, progress toward the 2023 and 2030 objectives was accomplished in 2021, including a 15% decrease in Scope 1 and 2 CO2 emissions. Stahl's indirect value-chain implications, such as the raw materials it purchases, are also discussed. According to the paper, looking beyond Stahl's direct environmental implications and creating more supply-chain transparency will be critical for addressing emissions on a larger scale.
In 2021, progress was achieved toward the company's diversity and safety objectives, both of which are under constant development. Stahl is dedicated to providing a safe working environment while also cultivating a diverse and inclusive workplace in order to continually enhance employee capabilities.
Stahl's goals include encouraging ethical behavior via exceptional leadership and governance. Obtaining the EcoVadis Gold grade was a significant step in this direction. This prestigious award recognizes the company's continuous dedication to supply chain transparency and collaboration with partners to improve the sustainability of its goods and operations.
Maarten Heijbroek, CEO of Stahl, said that in his first full year as CEO, he has been impressed by Stahl's success. The company's ambitious ESG Roadmap to 2030 continues to drive their efforts toward more responsible chemistry and supply chain transparency. Accelerating their carbon emission reductions will need strong leadership, coordination with value-chain partners, and a collaborative effort by all Stahl employees. At Stahl, they are lucky to work with a highly driven group of individuals, and he had no doubt that they will achieve their ambitious goals.
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