Brenntag publishes sustainability report for 2021 and provides insights into new, long-term ESG Strategy
Brenntag (ISIN DE000A1DAHH0), the global market leader in chemicals and ingredients distribution, has published the sustainability report for 2021.
- Climate: Brenntag succeeded in reducing its total Scope 1 and 2 CO2 emissions by 6.1% – target for 2021 was 4%
- Ratings: The company improved its CDP rating by two grades from level C to level B within one year
- New ESG Strategy sets ambitious sustainability targets such as “carbon net zero” by the year 2045
In the past year, Brenntag achieved or even exceeded important self-imposed sustainability targets, such as an annual reduction of its total Scope 1 and 2 CO2 emissions of 6.1% (target was 4%). Brenntag also managed to improve its CDP climate rating by two grades from level C to level B. The report gives a comprehensive overview of the sustainability targets achieved and projects implemented in 2021 but also addresses the areas for improvements and provides insights into Brenntag’s new, long-term ESG Strategy.
Christian Kohlpaintner, Chief Executive Officer Brenntag SE, comments: “The challenging and very exceptional past year has once again shown the importance of Brenntag’s role in global supply chains also in terms of sustainability, and I am proud of what we achieved in these circumstances. To meet our responsibility as global market leader going forward, we have developed an ESG Strategy that underlines our commitment to sustainability in the focus areas of Environment, Social, and Governance. For example, one of our key and ambitious long-term goals is ‘net zero’ by the year 2045. We are approaching this and our other important goals systematically, continuously, and with full commitment. This way, we will secure Brenntag's undisputed and long-term corporate success.”
Brenntag’s new strategy in the focus areas of Environment, Social, and Governance sets ambitious targets in topics such as safety, health, climate and environmental protection, resource efficiency and conservation, which are deeply anchored in the company’s corporate strategy and culture. The targets include requiring all new sites to be certified green buildings by 2023. Another target is to steer Brenntag’s purchasing policy toward particularly sustainable products and to support its suppliers regarding such products.
Andreas Kicherer, Vice President Sustainability Brenntag Group, says: “With our business model, we will contribute uniquely to ESG in several areas at once. It includes the way we are operating our sites and with what we are dealing and which services we are providing. On the one hand, we will increasingly focus on a green product portfolio. On the other hand, we will push ahead with the green building certification of our new buildings. Additionally, there is the possibility of offering recycling as a reverse distribution service to a greater extent in the future. The basic building blocks for all this are already in place at Brenntag.”
Learn more about Brenntag's ESG strategy, ambitious sustainability goals and exciting projects and download the new sustainability report 2021 here:
