Energy Efficiency, GHG Emissions, Industrial  -  October 3, 2023

Advancion Sets 2030 Goals

Advancion Corporation announced its 2030 goals aimed at reducing water, waste, energy and GHG intensity by 10%.

The company also expanded disclosures related to Scope 1, 2 and 3 GHG emissions.

Advancion, formerly ANGUS Chemical Company, is a supplier of life sciences buffers and other proprietary ingredients, providing products across various industries and applications. The company also provided updates on initiatives designed to reduce the company's emissions and energy usage, which include the installation of a new 5 GWh/year solar plant at the Advancion manufacturing facility in Ibbenbüren, Germany.

The company’s reporting was prepared in accordance with the GRI Sustainability Reporting Standards 2021, as well as other standards issued by the Sustainability Accounting Standards Board and the United Nations Sustainable Development Goals.

Details were published in Avancion's 2022 Corporate Sustainability Report.

"Through our annual sustainability report, we reinforce our commitment to transparency and reflect on our transformational successes in helping drive positive change in our industry as well as in the essential industries we serve," said David Neuberger, President and CEO, in a statement. "As environmental and social concerns become more prominent, integrating sustainability practices into every aspect of our operations is a key driver of success for Advancion, our customers and our communities. We will continue to innovate, adapt and work together with all our stakeholders to further enhance our ability to help address the emerging challenges of tomorrow by continuously improving our own sustainability performance while supporting our customers' sustainability initiatives through the high-purity, high-performance ingredients we provide."

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