Each year, the ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy achievements.
In that time, Hexion has reduced global energy intensity by 28%, executed more than 250 sustainability projects, and produced water and energy savings of approximately USD14 million, including USD2 million in 2020 alone. Hexion was recognized for numerous successes in waste reduction and energy efficiency throughout the company since 2014.
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Maintaining product stewardship - Hexion remains committed to implementing the Responsible Care Product Safety Code and will continue to be transparent and communicate to key stakeholders regarding its stewardship programs such as risk reviews and reduction of substances of concern.Īs further validation of its commitment to more sustainable operations, Hexion also recently received its first ENERGY STAR Partner of the Year award, one of the highest honors bestowed by the United States Environmental Protection Agency’s ENERGY STAR program. Reducing spills and releases - Hexion has committed to reduce spill mass and releases by 80 percent by 2025. Hexion also re-affirmed its commitment to continue to drive toward zero recordable injuries. Enhancing worker safety/well-being - By 2022, Hexion will offer a voluntary well-being program that addresses associate physical, mental, and financial well-being with the goal of 50% associate participation in the program by 2025. Developing innovative sustainable products - Hexion is committed that by 2030, all new products will incorporate sustainable attributes. Minimizing climate change impact - Hexion will strive to protect against climate change throughout its business lifecycle by efficiently using natural resources, optimizing existing processes and enhancing products and technologies through continuous innovation. From that assessment, the company determined its most important areas of focus, which included formalizing the following goals: The establishment of the greenhouse gas reduction commitment follows a 2020 materiality assessment where Hexion engaged with various internal and external stakeholders. Hexion is also reviewing its “Scope 3” emissions, which are those associated with all other aspects of the company' business, such as raw materials, product use and disposal, waste generation, business travel, and the impact of associate commuting, among others. The reduction target is compared to 2017, the baseline year of operations. MOSCOW ( MRC) - Hexion Inc., a major American manufacturer of phenol and bisphenol A (BPA), has recently announced that in order to help address climate change, it has committed to reduce absolute carbon emissions by 20% by 2030, according to BusinessWire.Ī leading producer of adhesives, coatings and composite resins, Hexion’s commitment encompasses “Scope 1” and “Scope 2” emissions, which are direct and indirect greenhouse emissions from operations and consumed energy.
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