STOCK TITAN

Quaker Houghton Releases its 2023 Sustainability Report

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags
Quaker Houghton (NYSE: KWR) releases its 2023 Sustainability Report, highlighting advancements in sustainability initiatives, achieving EcoVadis Silver Award, and setting new 2025 milestones. The report showcases the Company's commitment to waste reduction, renewable energy sourcing, ISO 14001 certification, and supplier code of conduct compliance.
Quaker Houghton (NYSE: KWR) pubblica il suo Rapporto sulla Sostenibilità 2023, evidenziando i progressi nelle iniziative di sostenibilità, il conseguimento del Premio EcoVadis Argento e l'istituzione di nuovi obiettivi per il 2025. Il rapporto mette in mostra l'impegno dell'azienda nella riduzione dei rifiuti, nell'approvvigionamento di energia rinnovabile, nella certificazione ISO 14001 e nel rispetto del codice di condotta dei fornitori.
Quaker Houghton (NYSE: KWR) publica su Informe de Sostenibilidad 2023, destacando avances en iniciativas de sostenibilidad, la obtención del Premio EcoVadis de Plata y el establecimiento de nuevos hitos para 2025. El informe destaca el compromiso de la compañía con la reducción de residuos, la adquisición de energía renovable, la certificación ISO 14001 y el cumplimiento del código de conducta de proveedores.
퀘이커 호턴 (NYSE: KWR)은 2023 지속 가능성 보고서를 발표하여 지속 가능성 이니셔티브의 발전, 에코바디스 실버 어워드 수상 및 2025년 새로운 마일스톤 설정을 강조했습니다. 이 보고서는 폐기물 감소, 재생 가능 에너지 조달, ISO 14001 인증 및 공급업체 행동 강령 준수에 대한 회사의 헌신을 보여줍니다.
Quaker Houghton (NYSE: KWR) publie son Rapport sur la Durabilité 2023, mettant en avant les progrès dans les initiatives de durabilité, la réception du Prix Argent EcoVadis et la fixation de nouveaux jalons pour 2025. Le rapport souligne l'engagement de l'entreprise en matière de réduction des déchets, de recours à l'énergie renouvelable, de certification ISO 14001 et de respect du code de conduite des fournisseurs.
Quaker Houghton (NYSE: KWR) veröffentlicht seinen Nachhaltigkeitsbericht 2023, der Fortschritte bei den Nachhaltigkeitsinitiativen hervorhebt, den Erhalt des EcoVadis Silber-Awards und die Festlegung neuer Meilensteine für 2025 aufzeigt. Der Bericht demonstriert das Engagement des Unternehmens zur Reduzierung von Abfall, zur Nutzung erneuerbarer Energiequellen, zur ISO 14001-Zertifizierung und zur Einhaltung des Verhaltenskodex der Lieferanten.
Positive
  • Quaker Houghton achieved significant milestones in waste reduction, eliminating over 26,000 metric tons of waste in 2023 at partner locations.
  • The Company sourced 71% of its global energy consumption renewably through grid, solar, and purchased contracts.
  • All non-U.S. manufacturing locations of Quaker Houghton obtained ISO 14001 certification, showcasing a commitment to environmental management.
  • 100% of direct suppliers above $100k spend adhere to the Company's Supplier Code of Conduct, ensuring ethical business practices.
  • Quaker Houghton successfully achieved all 2023 milestones and established new targets for 2025 across its sustainability pillars.
Negative
  • None.

CONSHOHOCKEN, Pa., April 22, 2024 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) the global leader in industrial process fluids, today announced the release of its 2023 Sustainability Report. The report highlights how the Company combines its solutions with industry insight and intelligence to See Beyond™ the issues of today and secure a better tomorrow.

Andy Tometich, Chief Executive Officer and President commented, "In 2023, we continued to advance our sustainability initiatives, making targeted investments to strengthen the foundation of our integrated strategy. The achievement of our 2023 milestones and the EcoVadis Silver Award are clear indications of the progress we are making towards our 2030 Sustainability Goals. I am proud of the momentum we have built and the unwavering commitment to unlock our potential and positively impact the future of our Company, our people, and our communities."

Quaker Houghton's 2023 Sustainability Report details the progress the Company has made and its commitment to its ongoing sustainability journey. Highlights from report include:

  • More than 26,000 metric tons of waste was eliminated in 2023 at QH FLUIDCARE™ partner locations, and over 47,000 metric tons have been eliminated since 2022
  • 71% of our global energy consumption is renewably sourced via grid, solar, and purchased contracts
  • Obtained ISO 14001 certification at all non-U.S. manufacturing locations
  • 100% of our direct suppliers above $100k spend commit to our Supplier Code of Conduct.
  • Achieved all 2023 milestones; Established new 2025 milestones for each of our pillars

Click here to view more information or to read our 2023 Sustainability Report.

About Quaker Houghton:
Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,400 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.

(PRNewsfoto/Quaker Houghton)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/quaker-houghton-releases-its-2023-sustainability-report-302123692.html

SOURCE Quaker Houghton

FAQ

How much waste was eliminated in 2023 at QH FLUIDCARE™ partner locations?

More than 26,000 metric tons of waste was eliminated in 2023 at partner locations.

What percentage of global energy consumption is renewably sourced by Quaker Houghton?

71% of the Company's global energy consumption is renewably sourced through grid, solar, and purchased contracts.

What certification did Quaker Houghton obtain at all non-U.S. manufacturing locations?

Quaker Houghton obtained ISO 14001 certification at all non-U.S. manufacturing locations.

What commitment do direct suppliers above $100k spend make to Quaker Houghton?

Direct suppliers above $100k spend commit to Quaker Houghton's Supplier Code of Conduct.

What milestones did Quaker Houghton achieve in 2023?

Quaker Houghton successfully achieved all 2023 milestones and established new targets for 2025.

What award did Quaker Houghton achieve in 2023?

Quaker Houghton achieved the EcoVadis Silver Award in 2023.

Quaker Houghton

NYSE:KWR

KWR Rankings

KWR Latest News

KWR Stock Data

2.96B
13.61M
23.42%
80.64%
7.36%
Specialty Chemicals
Miscellaneous Products of Petroleum & Coal
Link
United States of America
CONSHOHOCKEN