HOUSTON, June 21, 2023 /PRNewswire/ -- Ascend Performance Materials has made significant progress against its 2030 Vision, a set of nine goals that encompass the three pillars of the company's sustainability strategy. The company published its progress in its 2022 Sustainability Report, Advancing for All.
"Our annual sustainability reports offer us a moment to recognize and celebrate the tremendous efforts of our people," said Chris Johnson, Ascend's senior director of sustainability. "As a company, we are focused on advancing our business to benefit our people, our customers and our communities. That is what sustainability means to us."
The company's advances include:
- Supplier sustainability assessments went from 5% to 56% (target 95%)- Waste reduction went from 20% to 37% (target 40%)- Use of renewable energy went from 20% to 26% (target >90%)- Ascend Cares share went from 50% to 62% (target 100%)
Additionally, Ascend achieved a 64% reduction in Scope 1 greenhouse gas emissions and moved its goal from an 80% reduction to 90%. Ascend participates in a voluntary carbon market to monetize a portion of emission reductions and reinvests the proceeds in other sustainability initiatives.
"In our first report, we said we wanted to lead the industry in sustainability," said Phil McDivitt, Ascend's president and CEO. "Sustainability has gone from being a goal to being integrated into almost every decision we make. This shows me that we are on the right track and I continue to be proud of the work we are doing to advance our sustainability goals each year."
You can learn more about Ascend's efforts in sustainability and the company's Vision 2030 by visiting ascendmaterials.com/sustainability.
About Ascend Performance Materials
Ascend Performance Materials manufactures high-performance materials for everyday essentials and new technologies. Our focus is to improve the quality of life and inspire a better tomorrow through innovation. Headquartered in Houston, Texas, with regional offices in Shanghai, Brussels, and Detroit, we are a fully integrated materials solutions provider with global manufacturing facilities in North America, Europe, and Asia. Our global workforce manufactures the materials used to make safer vehicles, cleaner energy, better medical devices, smarter appliances, and more durable clothing and consumer goods. We are committed to the safety, sustainability, and success of our customers and our communities.
Learn more about Ascend at www.ascendmaterials.com.
Contact: Osama Khalifa, 1 832-963-1347, okhali@ascendmaterials.com
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