Envalior Embraces Sustainability, Joining UN Global Compact and Setting Ambitious Goals
Envalior, a prominent player in the global engineering materials market, is firmly establishing its commitment to sustainability. The company recently announced its new Sustainability Ambitions and its membership in the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative. This bold move underscores Envalior’s dedication to becoming a global leader in sustainable, high-performance engineering materials.
Envalior’s sustainability ambitions are far-reaching, encompassing a comprehensive strategy for reducing its environmental footprint and promoting circularity. Key goals include:
*
100% Renewable Electricity by 2030:
Envalior aims to power its operations entirely with renewable energy sources within the next decade, a significant step towards decreasing its reliance on fossil fuels.*
75% Greenhouse Gas Emission Reduction by 2030:
This ambitious target signifies Envalior’s commitment to significantly reducing its environmental impact within a relatively short timeframe.*
Net-Zero Greenhouse Gas Emissions by 2040:
Envalior is aiming for a future where its operations generate no greenhouse gas emissions, a crucial contribution to mitigating climate change.*
Full Portfolio of Bio-based and/or Recycled Materials by 2030:
By offering an entire portfolio of sustainable materials, Envalior aims to empower its customers to adopt more environmentally conscious practices.Embracing the UN Global Compact:
Envalior’s commitment to sustainability extends beyond its own operations. The company has joined the UN Global Compact, aligning itself with its ten universal principles for responsible business practices. These principles cover critical areas such as human rights, labor standards, environmental protection, and anti-corruption. By becoming a signatory, Envalior pledges to operate in accordance with these principles and report annually on its progress.Aligning with Sustainable Development Goals:
Envalior further demonstrates its commitment to sustainability by focusing on specific Sustainable Development Goals (SDGs). The company has identified SDG 7 (Affordable and Clean Energy), SDG 12 (Responsible Consumption and Production), SDG 13 (Climate Action), and SDG 17 (Partnerships for the Goals) as key areas of focus. Envalior’s initiatives, such as its renewable power purchase agreements, solar panel installations, and nitrous oxide reduction plant, contribute directly to these goals.A Sustainable Future for Envalior and its Customers:
Envalior’s Sustainability Ambitions and its participation in the UN Global Compact clearly demonstrate the company’s dedication to building a more sustainable future. Through innovation, collaboration, and a strong commitment to environmental responsibility, Envalior aims to lead the way in sustainable materials solutions, empowering its customers to make positive changes.About Envalior:
Envalior is a global leader in Engineering Materials with over 4,000 employees worldwide. Formed in 2023 through the merger of Lanxess Performance Materials and DSM Engineering Materials, Envalior specializes in developing sustainable and high-performance material solutions for industries such as Automotive, New Mobility, Electronics & Electrical, and Consumer Goods.