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Univar Solutions Unveils 2024 ESG Report

Univar Solutions LLC, a prominent global provider of specialty ingredients and chemicals, has recently published its Environmental, Social, and Governance (ESG) report for 2024. This comprehensive report emphasizes the company's continued commitment to sustainability and social responsibility as it approaches the final year of its current ESG goals.

The report provides a detailed overview of the progress made in various areas, indicating significant advancements across multiple fronts, especially in the Sustainable and Natural Products (SNP) portfolio. Key highlights from the report demonstrate Univar's dedication to achieving net-zero emissions by 2050 and enhancing its operational efficiencies.

Environmental Achievements

One of the standout achievements mentioned in the report is a notable 26% reduction in absolute Scope 1 and Scope 2 emissions compared to the baseline. This improvement surpasses the target initially set for the end of 2025, which was a 20% reduction. Other remarkable accomplishments include:

• - 63 significant releases, reflecting a 24% decline from the baseline.
• - A 10% decrease in hazardous waste compared to the baseline.
• - An impressive 34% waste diversion rate from non-hazardous materials, marking an increase of 117% from the baseline.
• - A 36% reduction in water waste, significantly exceeding the established goals.

These figures reveal Univar Solutions' commitment to minimizing its environmental footprint and promoting sustainability in its operations.

Social Impact Initiatives

Alongside its environmental strategies, Univar Solutions has made noteworthy advancements in social responsibility. The report highlights a decrease in the Total Case Incident Rate (TCIR) to 0.36, which is the second-best performance in the company's history and below the target of 0.38 for 2025.

Further progress in sustainable sourcing and initiatives involving sustainable and natural products demonstrates the company's commitment to fostering responsible supplier relationships. By the end of 2024, 69.1% of spending on product suppliers will be covered by a sustainability assessment through the EcoVadis platform, indicating ongoing improvements in sustainability practices throughout the supply chain.

Leadership Commentary

David Jukes, President and CEO of Univar Solutions, expressed pride in the company's team, stating, "I am continually amazed by the talented and innovative people who drive our business forward. Our ESG goals exemplify their commitment, and the positive results reflect our values, showcased by our team as we work towards enhancing our infrastructure and operational efficiency, leading to reduced emissions."

The year 2024 also marks the 100th anniversary of Univar Solutions, a significant milestone for the company founded in 1924. Celebrating this centennial, employees participated in 100 volunteering projects over 100 days, exceeding expectations and positively impacting communities worldwide.

Alexa Colin, Chief Legal Officer and Executive ESG Lead, remarked on the company's journey, stating, "As we enter the final year of our current generation of ESG goals, I am excited to see how far we have come and how close we are to achieving such meaningful and ambitious objectives."

Future Perspectives

As Univar Solutions prepares for its next ESG generation post-2025, teams will continue to assess the significant impacts of their operations and explore opportunities to serve customers and communities more sustainably. Dr. Liam McCarroll, Senior Director of Global Sustainability, emphasized, "Our promise to distribute products while reducing emissions and expanding the Sustainable Natural Products portfolio remains steadfast, along with our aligned ESG goals and strategic priorities."

For a comprehensive view of Univar Solutions' commitment to fostering a sustainable future, readers can access the full ESG report available on the Univar Solutions Sustainability website. The report details the progress made towards sustainability goals and outlines potential future steps.

Univar Solutions stands as a leading distributor of specialty chemicals and ingredients with a mission to promote community health, nutrition, cleanliness, and safety by supporting innovation among customers and suppliers. More information can be found at www.univarsolutions.com.