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Univar Solutions 2024 ESG Report Unveils Sustainability Progress

Univar Solutions LLC, a prominent global provider of specialty ingredients and chemicals, has released its highly anticipated 2024 Environmental, Social, and Governance (ESG) report. As the company approaches the culmination of its current ESG objectives, this report highlights significant advancements in efforts to promote sustainability across its operations.

Key Highlights of the Report

The 2024 ESG report showcases crucial metrics related to sustainability benchmarks the company set for itself. With a strong commitment to achieving net-zero emissions by 2050, Univar Solutions has made noteworthy strides in improving its environmental impact:

• - Reduction in Emissions: The company has successfully lowered its Scope 1 and 2 absolute emissions by 26% compared to its baseline target, demonstrating a proactive approach towards energy efficiency and emission controls.
• - Wild Release Mitigation: Total significant releases were decreased to 63, a drop of 24% from the initial baseline, showcasing effective environmental management practices.
• - Waste Management Improvements: The organization has reduced hazardous waste by 10% and significantly increased non-hazardous waste diversion to 34%—an impressive rise of 117% from the baseline data.
• - Water Conservation Efforts: Water waste saw a reduction of 36%, exceeding the initial target and indicating a substantial commitment to resource conservation.

Social Goals and Sustainable Sourcing

The report did not just focus on environmental metrics; it also addressed social objectives:

• - Employee Safety: Univar's Total Case Incident Rate (TCIR) has improved to 0.36, marking a commendable second-best performance in the company’s history, falling below the expected target of 0.38 for 2025.
• - Sustainable Supply Chain Development: The organization has successfully provided all product suppliers with a code of conduct, ensuring adherence to sustainability practices. By the end of 2024, about 69.1% of the product supplier spend will be assessed through the EcoVadis platform.

A Commitment to Community and Growth

David Jukes, the President and CEO of Univar Solutions, expressed his pride in the achievements outlined in the report, underscoring the dedication and talent of the company's workforce. The report acts as a testament to the vision and values upheld by the organization's team as they work diligently towards refining operational efficiency in pursuit of emission reductions.

2024 is a remarkable year for Univar Solutions as it commemorates its 100th anniversary. To celebrate, employees have actively engaged in 100 community service projects over 100 days, all aimed at enhancing the welfare of communities globally. This initiative reaffirms the company’s long-standing mission to foster healthy, safe, and clean living environments through its product and service offerings.

Eyes on the Future

As Univar Solutions prepares to move towards the next generation of ESG goals, the commitments remain steadfast. Alexa Colin, the Chief Legal Officer and executive ESG lead, indicated that the organization will continually assess its operational impacts and the opportunity to enhance sustainable practices on a broad scale. Dr. Liam McCarroll, Senior Director of Global Sustainability, echoed the sentiments, emphasizing the company’s continued efforts to ensure alignment between product distribution, emissions reduction, and the expansion of its Sustainable Natural Products portfolio.

For those keen to dive deeper into Univar's journey towards sustainability, the full ESG report can be accessed here, showcasing a detailed overview of their commitment to a greener, more sustainable future. Additionally, to learn more about the Sustainable and Natural Products Portfolio, visit this link.

About Univar Solutions

Founded on August 8, 1924, Univar Solutions has established itself as a leader in the specialty chemical distribution sector. The company's commitment to sustainability is evident in its extensive range of tailored solutions and value-added services designed to meet customer needs while promoting community welfare. Discover more about Univar Solutions and its offerings at www.univarsolutions.com.