THE WOODLANDS, Texas, July 21, 2022 /PRNewswire/ — Huntsman Company (NYSE: HUN) has printed its 2021 company sustainability report titled, “Brightening the Horizon: Enabling Sustainability,” on its web site at Huntsman.com/sustainability. The interactive HTML report highlights lots of the methods Huntsman merchandise supply important options to as we speak’s most urgent sustainability challenges.
“As a chemical producer and options supplier, Huntsman’s sustainability journey begins inside our personal operations. Nonetheless, the affect our merchandise have towards enabling a carbon-neutral society tells a a lot larger story,” mentioned Brittany Benko, Senior Vice President of Environmental, Well being, Security and Manufacturing Excellence and Company Sustainability Officer for Huntsman. “Our options make properties and buildings extra power environment friendly, cut back gas demand for transportation on the bottom and within the sky, allow different power options, enhance the sturdiness of supplies to cut back waste, and make our prospects’ processes extra power and water environment friendly. In a phrase, we’re enabling sustainability.”
Highlights from the report embrace:
- 55% collective progress on Huntsman’s near-term Horizon 2025 targets
- 65% enchancment in water utilization in water-stressed areas
- 40% discount in general emissions depth fee since 2019
- 750 million tons of lifetime emissions averted every year by way of our progressive emissions-reducing options
New to the 2021 Sustainability Report, Huntsman discloses towards the Activity Drive on Local weather-related Monetary Disclosures (TCFD), additional enhancing the standard of its disclosures in accordance with each the International Reporting Initiative (GRI) and the Sustainability Accounting Requirements Board (SASB) frameworks. Restricted assurance has been supplied by a 3rd celebration for operational greenhouse fuel emissions (Scope 1 and Scope 2) and water consumption.
Huntsman Company is a publicly traded world producer and marketer of differentiated and specialty chemical compounds with 2020 revenues of roughly $6 billion. Our chemical merchandise quantity within the hundreds and are offered worldwide to producers serving a broad and numerous vary of shopper and industrial finish markets. We function greater than 70 manufacturing, R&D and operations services in roughly 30 nations and make use of roughly 9,000 associates inside our 4 distinct enterprise divisions. For extra details about Huntsman, please go to the corporate’s web site at www.huntsman.com.
Sure data on this launch constitutes forward-looking statements inside the which means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Alternate Act of 1934. These statements are primarily based on administration’s present beliefs and expectations. The forward-looking statements on this launch are topic to uncertainty and modifications in circumstances and contain dangers and uncertainties that will have an effect on the corporate’s operations, markets, merchandise, providers, costs and different components as mentioned beneath the caption “Danger Elements” within the Huntsman firms’ filings with the U.S. Securities and Alternate Fee. Vital dangers and uncertainties could relate to, however will not be restricted to, unstable world financial circumstances, cyclical and unstable product markets, disruptions in manufacturing at manufacturing services, reorganization or restructuring of Huntsman’s operations, together with any delay of, or different damaging developments affecting the power to implement price reductions, timing of proposed transactions, and manufacturing optimization enhancements in Huntsman companies and understand anticipated price financial savings, and different monetary, financial, aggressive, environmental, political, authorized, regulatory and technological components. The corporate assumes no obligation to supply revisions to any forward-looking statements ought to circumstances change, besides as in any other case required by relevant legal guidelines.
SOURCE Huntsman Company