- Reduced Scope 1 and 2 absolute emissions by 26 percent compared to the baseline, operating below the 20 percent deliverable for the end of 2025.
- Reduced total significant releases to 63, down 24 percent from the baseline.
- Reduced hazardous waste by 10 percent from the baseline.
- Increased non-hazardous waste diversion to 34 percent, an increase of 117 percent from the baseline.
- Reduced water waste by 36 percent from the baseline, surpassing the deliverable.
Improving on its social goals
- Decreased its TCIR to 0.36, marking the second-best performance on record and below the 2025 deliverable of 0.38.
Progressing on sustainable sourcing and Sustainable & Natural Products (SNPs)
- Achieved goal to issue all product suppliers with the supplier code of conduct by the end of 2023.
- By the end of 2024, 69.1 percent of the product supplier spend was covered by a sustainability assessment via the EcoVadis platform.
"I continue to be amazed by the talented and innovative employees who drive our organization forward, said David Jukes, president, and chief executive officer. "Our ESG goal highlights are a prime example of their dedication, and the positive results reflect our values being upheld by our employees as we work to improve our infrastructure and operational efficiency, resulting in emission reductions."
2024 marked a significant milestone for Univar Solutions through the recognition of its 100-year anniversary as a company, which was founded on August 8, 1924. From the start, Univar Solutions has strived to help keep communities healthy, fed, clean, and safe through a host of products and services. Celebrating its 100-year anniversary was no different as employees embraced the challenge of taking part in 100 volunteering service projects in 100 days and exceeded expectations with each action focused on benefitting various communities around the world.
"As we enter the final year of our current generation of ESG goals, I am excited to see how far we have come and how close we are to hitting such meaningful and ambitious objectives," said Alexa Colin chief legal officer and corporate secretary and executive ESG lead at Univar Solutions. "Through 2025 our teams will continue to review the material impacts of our divisions and the opportunities to better serve our customers and communities, sustainably and this work will drive the development of our next-generation ESG goals beyond 2025."
"Our pledge to distribute products while lowering emissions and increasing our Sustainable & Natural Products portfolio remains, as do our aligned ESG goals and strategic priorities," said Dr. Liam McCarroll, senior director of global sustainability. "I'm pleased with our progress as we remain focused on maintaining our commitment to safety and enhancing the customer experience."
For a complete review of Univar Solutions' progress to a more sustainable future, please see the full sustainability report at https://www.univarsolutions.com/esg-resources and for more on the Univar Solutions' Sustainable and Natural Products Portfolio visit https://www.univarsolutions.com/sustainable-products.
About Univar Solutions
Univar Solutions is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at www.univarsolutions.com.
Forward-Looking Statements and Information
This communication contains "forward-looking statements" under applicable law regarding financial and operating items relating to the Company's business. Forward-looking statements generally can be identified by words such as "believes," "expects," "may," "will," "should," "could," "seeks," "intends," "plans," "estimates," "anticipates" or other comparable terms. All forward-looking statements made in this communication are qualified by this cautionary language.
Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control, that could result in expectations not being realized or could otherwise materially and adversely affect the Company's business, financial condition, results of operations or cash flows. Although the forward-looking statements are based on what management believes to be reasonable assumptions, we caution you that the forward-looking information presented in this communication is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this communication. For additional information regarding factors that could affect the Company, please see the Company's most recent annual report and other financial reports, including the information set forth under the caption "Risk Factors." Any forward-looking statements represent the Company's views only as of the date of this communication and should not be relied upon as representing the Company's views as of any subsequent date, and the Company undertakes no obligation, other than as may be required by law, to update any forward-looking statement.
SOURCE Univar Solutions LLC
Dwayne Roark, +1 331-777-6031, [email protected]
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