Sun Chemical released its fourteenth sustainability report, emphasizing the business’ continued prioritization of sustainability leadership and commitment to social responsibility.
The latest sustainability report shows Sun Chemical’s progress toward its goals of reducing greenhouse gas emissions by 50 percent by 2030, with 2013 as a baseline, and becoming net carbon neutral by 2050. Sun Chemical approaches its three business pillars of operations, products and services, and collaborations using the ‘five Rs’ framework – Reuse, Reduce, Renew, Recycle, and Redesign – to guide its sustainable initiatives and products in an effort to achieve a circular economy.
The report’s operations section demonstrates Sun Chemical’s progress in reducing greenhouse gas emissions from its use of electricity, steam, and fossil fuels during manufacturing operations. Through the incorporation of energy efficiency projects at manufacturing facilities, reductions in water consumption, significant decreases in landfill waste, and several awards and certifications for sustainable production, the report’s data reportedly shows notable improvements for the environmental impact of Sun Chemical’s operations since the last report.
The report’s collaborations section explains the importance of cross-industry partnerships to design and deliver sustainable solutions that contribute to a circular economy. Sun Chemical uses the EcoVadis scoring platform to perform risk assessments and ensure its partners’ performances are aligned with Sun Chemical’s sustainable values and goals. The report notes that more than 85 percent of Sun Chemical’s suppliers that participate in the EcoVadis system have achieved a Corporate Social Responsibility score greater than 45/100, Sun Chemical’s acceptable threshold.
