WYNYARD, UK, Aug. 31,
2022 /PRNewswire/ -- Venator has strengthened its
commitment to sustainability, elevating responsibility for this
important topic to the highest level within its business.
Publishing its second sustainability report, Venator has
appointed Rob Portsmouth as Senior
Vice President, Sustainability and Environment, Health & Safety
(EHS). Heike van de Kerkhof will
oversee the company's environmental efforts at the Board level. The
changes come as Venator, a leading manufacturer of titanium dioxide
and performance additives, prepares to increase focus on its
sustainability efforts – building on work conducted to date. Over
the past year, Venator has:
- Liaised with its stakeholders to find out which environmental,
social and governance issues matter most to them – pinpointing the
highest-priority focus areas for its business
- Made a concerted effort to measure its full carbon footprint by
incorporating Scope 3 impacts into its assessments and aligned its
reporting to GRI standards
- Signed the UN Global Compact
- Appointed KPMG to assist with the development of its
decarbonization program
Looking ahead, Venator's leadership team is now defining a
series of sustainability targets and the business is also forming a
Sustainability Council.
Simon Turner, President and CEO
of Venator, said: "Sustainability has always been top of mind at
Venator. Now we're putting it at the heart of our business. We've
already made great progress but there's still much to accomplish.
For Venator, there are two sides to the coin when it comes to
sustainability. We want to remain at the vanguard of innovation,
making products that can help our customers address pressing
sustainability issues and keep them at the cutting edge of their
business. Equally important is striving to make our products as
sustainably as possible. We're committed to both aspects of this
journey, conscious that what we do today will impact the world
tomorrow."
Venator's existing commitment to sustainability is reflected
throughout its 2021 sustainability report where there are numerous
examples of the growing number of sustainable products it makes;
contributing to the circular economy; and engaging in local
community projects. Recent highlights include:
- Launching HOMBITAN® LQ – a new liquid pigment
masterbatch technology for delustering PET fibres from plastic
bottles so it can be re-spun into polyester for new consumer
products
- Altering a process used in the manufacture of ultramarine blue,
violet and pink pigments at its Comines plant in France to significantly reduce energy
consumption and CO2 emissions
- Implementing initiatives to save energy, water and steam
consumption at its Taicang site near Shanghai which produces black, red and yellow
iron oxide
- Supporting the local community around the Teluk Kalong
manufacturing site in Malaysia
after flash flooding destroyed local homes
- Helping the Tees Valley Wildlife Trust improve Greenabella
Marsh nature reserve adjacent to the Greatham site in the UK,
enabling it to gain Special Protection Area (SPA) status
- Installing charging points for electric and hybrid vehicles at
Greatham to encourage staff to use carbon-free, non-polluting
transportation
- Monitoring operational impact on the Tiger Bay area of the
South China Sea through regular surveys highlighting the thriving
marine life and biodiversity adjacent to our site
To read more about Venator's sustainability efforts, go to:
www.venatorcorp.com/sustainability or email
media@venatorcorp.com
About Venator
Venator is a global manufacturer and marketer of chemical
products that comprise a broad range of pigments and additives that
bring color and vibrancy to buildings, protect and extend product
life, and reduce energy consumption. We market our products
globally to a diversified group of industrial customers through two
segments: Titanium Dioxide, which consists of our TiO2
business, and Performance Additives, which consists of our
functional additives, color pigments and timber treatment
businesses. Based in Wynyard,
U.K., Venator employs approximately 3,500 associates and sells its
products in more than 110 countries.
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SOURCE Venator Materials PLC