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Koppers Holdings Inc. Recognized Among America's Most Responsible Companies

Koppers Holdings Inc. (NYSE: KOP), a global leader in treated wood products and wood preservation technologies, has once again been recognized for its commitment to corporate responsibility. This year marks the fifth consecutive time Koppers has been named to Newsweek’s list of America's Most Responsible Companies, achieving its highest ranking ever at No. 113 out of 600 finalists, and No. 9 in the Materials & Chemicals category.

A Key Industry Player

Founded with a focus on providing essential materials for global infrastructure, Koppers has built a reputation as an innovative leader in sustainability. Their product range, which includes railroad crossties, utility poles, and outdoor wooden structures, emphasizes not just quality but also environmental stewardship. CEO Leroy Ball expressed pride in the achievement, stating that being in the top ten within the Materials & Chemicals category highlights the hard work of their global teams who strive every day to protect communities and mitigate environmental impacts.

Notable Sustainability Accomplishments

Koppers has achieved several notable milestones in its sustainability journey. Key highlights include:

1. Reducing Greenhouse Gas Emissions: The company successfully met its goal of halving scope 1 and 2 greenhouse gas emissions, achieving this feat seven years ahead of schedule. This reduction contributes significantly to the fight against climate change and the preservation of natural resources.
2. Safety Records: Koppers reached its lowest Total Recordable Injury Rate of 2.67 since 2018, reflecting its commitment to creating a safe working environment for employees.
3. Innovative Products: Koppers introduced the first penflufen-based wood preservative in the U.S. This new patented technology extends the lifespan of treated wood and sets new industry standards for durability and safety.
4. Materiality and Transparency: The company updated its materiality assessment in line with the 2021 Global Reporting Initiative (GRI) standards, demonstrating a dedication to transparency and responsible governance practices.
5. Climate-Related Financial Disclosures: Koppers published a report on its Climate-Related Financial Disclosures (TCFD), underscoring its proactive approach to addressing climate-related risks and opportunities.

Selection Process for Recognition

The selection for Newsweek’s Most Responsible Companies is rigorous, involving the evaluation of over 2,000 companies based in the U.S. Winners are chosen based on comprehensive scores derived from environmental, social, and corporate governance metrics. This scoping takes into account the performance on 30 key indicators, including energy use and charitable contributions, alongside feedback from a survey of more than 26,000 U.S. consumers.

Koppers’ Commitment to CSR

Koppers Holdings continues to prioritize sustainability and corporate social responsibility (CSR). The company recognizes that its responsibilities extend beyond business interests, as it demonstrates leadership in sustainable practices that protect both the environment and the communities it serves. By driving initiatives that prioritize safety, environment, and innovation, Koppers aims to pave the way for future advancements in responsible manufacturing and business practices.

In leveraging its expertise in treated wood products, Koppers is not only focusing on immediate goals but is also creating safe and sustainable solutions for future generations. The company remains committed to enhancing rail transportation, maintaining energy reliability, and promoting enjoyable spaces for all.

For more detailed insights into Koppers’ sustainability efforts and their impact, visit their official website.