#Sustainability #Germany #Düsseldorf #Envalior #Engineering Materials

Envalior's Commitment to Sustainability

Envalior, a prominent player in the engineering materials sector, has launched its first ever Sustainability Report, encapsulating significant developments and strategies adopted throughout 2024. This report is pivotal as it underlines the firm's dedication to transparent disclosure, providing a detailed account of its environmental, social, and governance (ESG) commitments.

Core Highlights of the Sustainability Report

This inaugural report, prepared voluntarily, features a Double Materiality Assessment (DMA), which reflects on Envalior’s impact on the environment and society. The assessments notably highlight the firm’s ambitious climate transition plan aimed at reducing Scope 1 and 2 emissions by a striking 35% from the baseline year of 2024. This significant decrease builds upon a history of reductions, with Envalior’s predecessor companies achieving a remarkable 65% cut in emissions between 2016 and 2024.

Commitment to Renewable Energy: A significant component of their strategy includes a shift towards 100% renewable electricity across all operational sites by 2030. This initiative underscores Envalior’s commitment to sustainable energy practices and showcases its proactive approach in tackling climate change.

Bio- and Recycled Alternatives: The company aims to provide a complete range of bio- and/or recycled-based materials by the target year of 2030, reflecting its dedication to innovation in sustainable material solutions. Such moves not only aid reduction in carbon footprints across customer products but elevate the industry standard.

A Holistic Approach to ESG Management

Beyond climate change initiatives, the Sustainability Report outlines several efforts and policies that cement Envalior's comprehensive approach to sustainability:

Health and Safety Initiatives: A global health and safety program has been deployed to ensure consistent and significant improvements across essential safety metrics.
Prevention of Pellet Loss: Through engagement with the Operation Clean Sweep® initiative, Envalior is committed to preventing pellet loss by implementing best practices and organizing thorough training sessions.
Promoting Human Rights and Diversity: Envalior actively implements global Human Rights and Diversity, Equity, and Inclusion policies throughout its operations and supply chains, ensuring ethical practices that mirror its core values.
Global Engagement: Participation in the United Nations Global Compact is pivotal, integrating its principles into the very fabric of the company’s strategy, culture, and operations, while also actively collaborating with various industry groups to promote sustainable practices.

Driving Transparency and Collaboration

As the demand for sustainability credentials heightens, the enhanced regulatory landscape demands greater attention from manufacturers. Envalior aims to lead by example, providing thorough insights into their sustainability strategies to help ensure transparency for customers and industry stakeholders alike.

Visitors to the K 2025, the premier trade fair for plastics and rubber in Düsseldorf from October 8-15, will have the opportunity to explore a wide array of Envalior’s sustainable material solutions, crafted through collaborative customer engagement. Experts from Envalior will also delve into their sustainable material development strategies, showcasing how innovation can be a catalyst for change.

Conclusion

As it marks this significant milestone, Envalior fortifies its position as a leader in the engineering materials industry, committed to fostering sustainable solutions through continuous innovation. The first Sustainability Report is now available for review on the Envalior website, reinforcing its promise to stakeholders, consumers, and the environment alike.

For further details on its ambitious sustainability initiatives and the entire Sustainability Report, visit Envalior's official website.