Energy Efficiency, GHG Emissions, Industrial - March 22, 2023
GEON Performance Solutions Increases Energy Efficiencies
GEON® Performance Solutions — which formulates, develops and manufactures performance polymer solutions — reports they increased energy efficiency across the company’s operations.
In 2022, GEON allocated $1.2 million to energy-reduction projects after completing energy audits at each of its sites. The company also successfully commercialized a product that enabled a customer to close the loop on its production processes and developed a renewable, natural fiber-based, lightweight material for car interiors.
In its 2022 Environmental, Social and Governance (ESG) Report, GEON also reported completing an independent Responsible Care® Management System audit that ensures they are tracking and transparently reporting company performance on environment, health, safety and security metrics.
“Our continued investment in our ESG commitments is critical to our business strategy,” said GEON Chief Executive Officer Tracy Garrison in a statement. “Within our new report, we share the progress we are making to support our people, customers, communities and the planet. We also demonstrate how we are taking concrete steps to advance and achieve our sustainability goals as we also continue to pursue value-creating business growth opportunities.”