Germany: Styrenics Production Ineos Publishes Sustainability Report and Targets
Styrenics producer Ineos Styrolution published its second sustainability report in compliance with the Global Reporting Initiative (GRI).
Frankfurt/ Germany — The report succeeds the 2015 GRI report, which resulted in a silver rating by Eco Vadis, an independent assessor of corporate sustainability performance. According to the rating initiative, this places the company in the top 10 % in the category of plastics manufacturers.
While the report from 2015 was a “360° quantitative analysis” of the business, the new report sets sustainability targets for the company’s seven focus areas (safety, health & environment (SHE), compliance, human resources, procurement, operations, R&D and community involvement) and measures achievements against these targets for the first time.
Ineos Styrolution claims that since the inception of the company in 2011, it has driven various sustainability-related initiatives and integrated those into a unified global sustainability program entitled “Living Sustainability. Together.”
“This year-on-year improvement in the sustainability of our products, operations and business management is of critical importance to our customers, our shareholder and parent company Ineos, our investors, employees and the communities we operate in,” says Kevin McQuade, CEO, Ineos Styrolution. “Providing sustainable products, solutions and services is not only what our customers expect from us as their supplier, it also gives us a competitive advantage to stay ahead of the curve and maintain our position as the market leader for styrenics.”