Huntsman Corporation Publishes 2022 Corporate Sustainability Report: "Solutions for Sustainability"

Strategic Insights -

Huntsman Corporation has released its 2022 corporate sustainability report, titled "Solutions for Sustainability," highlighting the company's products' essential role in addressing sustainability challenges. The report showcases the significant progress made by Huntsman in achieving its Horizon 2025 targets, including a 50% collective progress on near-term targets and a 5% decrease in emissions footprint. The company has also demonstrated its commitment to sustainability by disclosing against the Task Force on Climate-related Financial Disclosures (TCFD) and achieving limited assurance for operational greenhouse gas emissions and water consumption.

Key Takeaways:

  • Huntsman's products enable the removal of hundreds of millions of tons of lifetime emissions, contributing to a more sustainable future.
  • The company has made significant progress toward its Horizon 2025 targets, with a 50% collective progress on near-term targets.
  • Huntsman's emissions footprint has decreased by 5% year-over-year, demonstrating the company's commitment to reducing its environmental impact.
  • The company has published 20 product safety summaries, highlighting its focus on safety and transparency.
  • Huntsman discloses against the Task Force on Climate-related Financial Disclosures (TCFD) and achieves limited assurance for operational greenhouse gas emissions and water consumption.
  • The company operates over 60 manufacturing, R&D, and operations facilities in approximately 30 countries and employs approximately 7,000 associates.
  • Huntsman has adopted the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) frameworks to ensure high-quality disclosures.

Statistics:

  • Huntsman's products enable the removal of hundreds of millions of tons of lifetime emissions.
  • The company has made a 50% collective progress on near-term Horizon 2025 targets.
  • Huntsman's emissions footprint has decreased by 5% year-over-year.
  • The company has published 20 product safety summaries.
  • Huntsman operates over 60 manufacturing, R&D, and operations facilities in approximately 30 countries.
  • The company employs approximately 7,000 associates within its continuing operations.

Sources:

  • Huntsman Corporation's 2022 Corporate Sustainability Report: "Solutions for Sustainability"
  • Company website: Huntsman.com/sustainability
  • Huntsman Corporation's press release, dated July 24, 2023.