GHG Emissions, Industrial - July 13, 2023
Trinseo Finishes Scope 3 Calculations
Trinseo, a specialty material solutions provider, announced it completed baseline calculations for Scope 3 emissions in 2022.
The company will refine this data in 2023 and also integrate a supplier engagement plan and train the procurement team and other stakeholders.
In January 2022, Trinseo acquired Heathland B.V. in the Netherlands. This backward integration strategically positions the company and enhances its footprint and capability as a sustainable solutions provider. Heathland is the first recycler that Trinseo has acquired.
One of the company’s sustainability goals is to have 40% of its product portfolio sustainably advantaged by 2030. In 2022, the Company’s sustainably advantaged materials sales increased by 11%.
Details were provided in its 2023 Sustainability & Corporate Social Responsibility Report.
“Our strategy delivers innovative materials for today’s challenges and envisions bold, new approaches to address our environmental impact. By thinking in both the short and long terms, we can develop an agile, flexible strategy that prioritizes not only products, but people, too—because we can see the impact we have on our facilities and teams over time, as well as the local communities in which we participate,” said Frank Bozich, President and CEO in a statement.
The Company’s 13th annual Sustainability Report was prepared with reference to the Global Reporting Initiative (GRI) 2021 Universal Standards, which were implemented this year. The report also incorporates disclosures referencing frameworks for the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Disclosures (TCFD).
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