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Balchem Corporation Releases 2024 Sustainability Report

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Balchem (NASDAQ: BCPC) has released its 2024 Sustainability Report, highlighting significant progress in environmental and social initiatives. The company has exceeded its 2030 greenhouse gas emissions reduction target, achieving a 32% reduction from the 2020 baseline, surpassing the original 25% goal.

Key achievements include:

  • Approximately 70% of revenue supports UN Sustainable Development Goals
  • 15% reduction in water withdrawal compared to 2020 baseline
  • Improved safety metrics with TRIR at 0.57 and LTIR at 0.21
  • Fourth anniversary of commitment to UN Global Compact

CEO Ted Harris emphasized Balchem's dual focus on providing innovative health and nutritional solutions while maintaining excellence in stewarding people, communities, and shareholders. The company remains aligned with UN SDGs focusing on zero hunger, good health and well-being, and responsible consumption and production.

Balchem (NASDAQ: BCPC) ha pubblicato il suo Rapporto sulla Sostenibilità 2024, evidenziando importanti progressi nelle iniziative ambientali e sociali. L'azienda ha superato il suo obiettivo di riduzione delle emissioni di gas serra per il 2030, raggiungendo una riduzione del 32% rispetto al livello di riferimento del 2020, superando l'obiettivo iniziale del 25%.

I principali risultati includono:

  • Circa il 70% del fatturato sostiene gli Obiettivi di Sviluppo Sostenibile delle Nazioni Unite
  • Riduzione del 15% del prelievo idrico rispetto al livello di riferimento del 2020
  • Miglioramento degli indicatori di sicurezza con un TRIR pari a 0,57 e un LTIR pari a 0,21
  • Quarto anniversario dell’impegno verso il Patto Globale delle Nazioni Unite

Il CEO Ted Harris ha sottolineato il duplice impegno di Balchem nel fornire soluzioni innovative per la salute e la nutrizione, mantenendo al contempo l’eccellenza nella gestione delle persone, delle comunità e degli azionisti. L’azienda rimane allineata agli SDG delle Nazioni Unite, concentrandosi su fame zero, buona salute e benessere, e consumo e produzione responsabili.

Balchem (NASDAQ: BCPC) ha publicado su Informe de Sostenibilidad 2024, destacando avances significativos en iniciativas ambientales y sociales. La empresa ha superado su objetivo de reducción de emisiones de gases de efecto invernadero para 2030, logrando una reducción del 32% respecto a la base de 2020, superando la meta inicial del 25%.

Los logros clave incluyen:

  • Aproximadamente el 70% de los ingresos apoyan los Objetivos de Desarrollo Sostenible de la ONU
  • Reducción del 15% en la extracción de agua en comparación con la base de 2020
  • Mejora en métricas de seguridad con TRIR de 0,57 y LTIR de 0,21
  • Cuarto aniversario del compromiso con el Pacto Mundial de la ONU

El CEO Ted Harris enfatizó el enfoque dual de Balchem en ofrecer soluciones innovadoras para la salud y la nutrición, manteniendo la excelencia en la gestión de personas, comunidades y accionistas. La empresa sigue alineada con los ODS de la ONU, centrados en hambre cero, buena salud y bienestar, y consumo y producción responsables.

Balchem (NASDAQ: BCPC)은 2024년 지속 가능성 보고서를 발표하며 환경 및 사회적 이니셔티브에서 중요한 진전을 강조했습니다. 회사는 2030년 온실가스 배출 감축 목표를 초과 달성하여 2020년 기준 대비 32% 감축을 이루었으며, 원래 목표인 25%를 뛰어넘었습니다.

주요 성과는 다음과 같습니다:

  • 매출의 약 70%가 UN 지속 가능 개발 목표를 지원
  • 2020년 기준 대비 물 사용량 15% 감소
  • TRIR 0.57, LTIR 0.21로 안전 지표 개선
  • UN 글로벌 콤팩트 참여 4주년

CEO 테드 해리스는 혁신적인 건강 및 영양 솔루션 제공과 사람, 지역사회, 주주를 위한 탁월한 관리라는 두 가지 목표에 집중하고 있음을 강조했습니다. 회사는 기아 종식, 건강 및 복지 증진, 책임 있는 소비와 생산에 중점을 둔 UN 지속 가능 개발 목표와 계속 일치하고 있습니다.

Balchem (NASDAQ : BCPC) a publié son Rapport sur la durabilité 2024, mettant en lumière des progrès significatifs dans ses initiatives environnementales et sociales. L'entreprise a dépassé son objectif de réduction des émissions de gaz à effet de serre pour 2030, atteignant une réduction de 32% par rapport à la référence de 2020, dépassant ainsi l’objectif initial de 25%.

Les réalisations clés comprennent :

  • Environ 70% du chiffre d’affaires soutiennent les Objectifs de Développement Durable des Nations Unies
  • Réduction de 15% de la consommation d’eau par rapport à la référence de 2020
  • Amélioration des indicateurs de sécurité avec un TRIR à 0,57 et un LTIR à 0,21
  • Quatrième anniversaire de l’engagement au Pacte mondial des Nations Unies

Le PDG Ted Harris a souligné la double mission de Balchem : fournir des solutions innovantes en santé et nutrition tout en maintenant l’excellence dans la gestion des personnes, des communautés et des actionnaires. L’entreprise reste alignée sur les ODD de l’ONU, en se concentrant sur la faim zéro, la bonne santé et le bien-être, ainsi que la consommation et la production responsables.

Balchem (NASDAQ: BCPC) hat seinen Nachhaltigkeitsbericht 2024 veröffentlicht und dabei bedeutende Fortschritte bei Umwelt- und Sozialinitiativen hervorgehoben. Das Unternehmen hat sein Ziel zur Reduzierung der Treibhausgasemissionen bis 2030 übertroffen und eine 32%ige Reduktion gegenüber dem Basisjahr 2020 erreicht, womit das ursprüngliche Ziel von 25% übertroffen wurde.

Wesentliche Erfolge umfassen:

  • Etwa 70% des Umsatzes unterstützen die UN-Nachhaltigkeitsziele
  • 15% Reduzierung des Wasserverbrauchs im Vergleich zum Basisjahr 2020
  • Verbesserte Sicherheitskennzahlen mit einem TRIR von 0,57 und einem LTIR von 0,21
  • Vierter Jahrestag des Engagements im UN Global Compact

CEO Ted Harris betonte Balchems doppelte Ausrichtung: innovative Gesundheits- und Ernährungs­lösungen zu bieten und gleichzeitig exzellente Fürsorge für Menschen, Gemeinschaften und Aktionäre zu gewährleisten. Das Unternehmen bleibt mit den UN-Nachhaltigkeitszielen in den Bereichen Null Hunger, Gesundheit und Wohlergehen sowie verantwortungsvoller Konsum und Produktion im Einklang.

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MONTVALE, N.J., April 22, 2025 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today published its 2024 Sustainability Report.

Our Sustainability Report outlines the Company's ongoing commitment to providing employees, customers, shareholders, and the communities in which we operate with information on Balchem's sustainability initiatives, guided by our core values and our vision of making the world a healthier place.

“I am pleased with the progress Balchem continues to make in advancing our broad-based sustainability efforts, as detailed in our 2024 Sustainability Report.” said Ted Harris, Chairman, President, and Chief Executive Officer. “Our performance, notably on our 2030 goals to reduce both greenhouse gas emissions and water usage by 25 percent, shows our commitment to our two main objectives: providing innovative solutions for the health and nutritional needs of the world and operating with excellence as strong stewards of our people, communities, and shareholders.”

Highlights of the report include:

  • Balchem celebrated the fourth anniversary of our commitment to the United Nations (“UN”) Global Compact confirming our alignment with the Ten Principles on human rights, labor, the environment, and anti-corruption.
  • Approximately 70% of our revenue supports United Nations Sustainable Development Goals (“UN SDGs”) — SDG 2 (zero hunger), SDG 3 (good health and well-being), and SDG 12 (responsible consumption and production).
  • Progress updates on our energy, water, and waste management.
  • In 2024, Balchem exceeded our 2030 GHG emissions reduction goal of 25%, as we achieved a 32% absolute reduction from our 2020 baseline.
  • We remain on track to achieve our commitment to reduce water usage by 25%. In 2024, Balchem reduced its water withdrawal by 15% compared to our 2020 baseline.
  • Our continuous improvements and focus on employee safety and product quality.
  • In 2024, our TRIR improved to 0.57 and our LTIR to 0.21 due to enhanced hazard identification, employee safety training, and our injury prevention efforts.

For more information visit balchem.com/sustainability

About Balchem Corporation

Balchem Corporation develops, manufactures and markets specialty ingredients that improve and enhance the health and well-being of life on the planet, providing state-of-the-art solutions and the finest quality products for a range of industries worldwide. The company reports three business segments: Human Nutrition & Health; Animal Nutrition & Health; and Specialty Products. The Human Nutrition & Health segment delivers customized food and beverage ingredient systems, as well as key nutrients into a variety of applications across the food, supplement and pharmaceutical industries. The Animal Nutrition & Health segment manufactures and supplies products to numerous animal health markets. Through Specialty Products, Balchem provides specialty-packaged chemicals for use in healthcare and other industries, and also provides chelated minerals to the micronutrient agricultural market.

Contact:Denis Sangulin, Balchem Corporation
(845) 326-5600 / sustainability@balchem.com

FAQ

What sustainability goals has Balchem (BCPC) achieved in 2024?

Balchem exceeded its 2030 GHG emissions target with a 32% reduction from 2020 baseline, achieved 15% water usage reduction, and improved safety metrics with TRIR at 0.57 and LTIR at 0.21.

How does Balchem stock (BCPC) align with ESG investing criteria?

70% of Balchem's revenue supports UN Sustainable Development Goals, focusing on zero hunger, good health, and responsible production, while maintaining strong environmental commitments and safety standards.

What are Balchem's (BCPC) water reduction targets and current progress?

Balchem aims to reduce water usage by 25% by 2030. As of 2024, they have achieved a 15% reduction in water withdrawal compared to their 2020 baseline.

How has Balchem's (BCPC) commitment to workplace safety improved in 2024?

Balchem improved its safety metrics in 2024, with Total Recordable Incident Rate (TRIR) at 0.57 and Lost Time Incident Rate (LTIR) at 0.21, through enhanced hazard identification and safety training.

What UN Sustainable Development Goals does Balchem (BCPC) support?

Balchem supports three UN SDGs: SDG 2 (zero hunger), SDG 3 (good health and well-being), and SDG 12 (responsible consumption and production).
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