TAGS: Sustainability / Natural Coatings
Birla Carbon, a manufacturer and supplier of high-quality carbon black solutions, releases its 11th annual sustainability report titled – Share the Future.
The 2023 report highlights the company’s commitment to achieving net zero carbon emissions by 2050 through substantial advancements in Continua™ Sustainable Carbonaceous Material (SCM) and prioritizing the 4Rs strategy of Research, Reduce, Replace and Repurpose to lower GHG emissions.
Focus on ESG
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In our 11th annual sustainability report, ‘Share the Future,’ we reflect on our journey over the last year on our progress as a company, driven by sustainability and innovation. Our journey has been unwavering, even in the face of a challenging global landscape characterized by economic uncertainties and geopolitical tensions,” said John Loudermilk, chief executive officer, Birla Carbon.
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This year, we have revisited our sustainability strategy clearly stating our focus on Environment, Social and Governance driven by innovation,” added Loudermilk.
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Our ongoing journey toward sustainability stands as a testament to our unwavering commitment to becoming a globally respected manufacturer of the carbon black industry,” said Joe Gaynor, chief legal, Sustainability and Risk Officer, Birla Carbon.
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Focusing resolutely on the pillars of Environment, Social and Governance, we are nurturing a culture of innovation that empowers every individual at Birla Carbon to contribute toward our long-term sustainability journey,” continued Gaynor.
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Safety remains our most important priority, underscored by a profound mindset shift and rigorous adherence. Our commitment is woven into our actions, propelling us to not only excel in the carbon black industry but also to emerge as prominent provider of global sustainable solutions,” added Gaynor.
Report Highlights
Key highlights of the report –
- Repurposed 72% of waste, reducing the amount of waste sent to landfills
- Refinancing existing debts through a US$750 million loan linked to sustainability performance
- Upon completion of our partner’s new facility, 73,000 tonnes of Continua™ SCM will eliminate 228,000 tons of direct and indirect CO2 emissions annually
- ISCC certification for our plant in Italy
The 2023 report covers the full scope of Birla Carbon’s global operations and shares an analysis of performance against the Share the Future sustainability strategy. The 2023 report states the various targets Birla Carbon has achieved during the year to fulfill its sustainability goals and establish its leadership in the industry for the years to come.
Source: Birla Carbon