CONSHOHOCKEN, PA — Quaker Houghton has announced the findings of its 2023 Sustainability Report, showcasing significant strides in its commitment to environmental stewardship and sustainable practices. The report details the company’s achievements in reducing waste, increasing renewable energy use, and maintaining rigorous standards for its supply chain, demonstrating a forward-thinking approach to addressing today’s environmental challenges.
Andy Tometich, CEO and President of Quaker Houghton, expressed pride in the company’s advancements in sustainability over the past year. “In 2023, we continued to advance our sustainability initiatives, making targeted investments to strengthen the foundation of our integrated strategy,” Tometich remarked. The company’s accomplishments, including receiving the EcoVadis Silver Award, signify substantial progress toward its 2030 Sustainable Goals.
Key highlights from the report reveal Quaker Houghton’s dedication to minimizing its environmental footprint and fostering a more sustainable future:
- Waste Reduction: The company successfully eliminated over 26,000 metric tons of waste in 2023 through its QH FLUIDCARE™ partnerships, with a total reduction of over 47,000 metric tons since 2022.
- Renewable Energy: Seventy-one percent of Quaker Houghton’s global energy consumption now comes from renewable sources, including grid-supplied, solar energy, and purchased contracts. This marks a pivotal step towards reducing the company’s carbon footprint and promoting cleaner energy use across its operations.
- ISO 14001 Certification: All non-U.S. manufacturing sites have achieved ISO 14001 certification, underscoring Quaker Houghton’s commitment to environmental management standards and continuous improvement in environmental performance.
- Supplier Conduct: The company has ensured that 100% of its direct suppliers with expenditures above $100k adhere to its Supplier Code of Conduct, reflecting its dedication to responsible procurement practices and ethical business operations.
Quaker Houghton’s determination to meet and establish new milestones by 2025 for each of its sustainability pillars further illustrates its ongoing commitment to its environmental, social, and governance (ESG) responsibilities. The company’s focus on integrating sustainability into its core strategy not only enhances its corporate image but also positions it as a leader in the industrial sector’s transition towards more sustainable operations.
The implications of Quaker Houghton’s sustainability efforts extend beyond the company itself, setting a benchmark for the industry and contributing positively to the broader movement towards environmental responsibility. By prioritizing waste reduction, renewable energy usage, and stringent supplier standards, Quaker Houghton is not just navigating the challenges of today but is actively shaping a more sustainable and prosperous future for the industry, its stakeholders, and the global community.
Quaker Houghton’s 2023 achievements emphasize the critical role that corporate sustainability initiatives play in addressing global environmental issues. As the company continues to See Beyond™ current challenges and strive towards its 2030 Sustainability Goals, it serves as a prime example of how industrial firms can balance operational efficiency with ecological conscientiousness, paving the way for a greener tomorrow.
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