Westlake Releases 2023 Sustainability Report
Westlake (NYSE: WLK) has released its seventh annual 2023 Sustainability Report, highlighting sustainability innovations and operational improvements. The report details the company's community contributions and employee development initiatives.
Key highlights include the introduction of recycled PVC compounds under the Pivotal™ brand, installation of a solar power plant in Spain, participation in a Louisiana renewable power program, and expansion of management training programs. The report follows Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD) frameworks, providing transparency across Performance & Essential Materials and Housing & Infrastructure Products divisions.
Westlake (NYSE: WLK) ha pubblicato il suo settimo Rapporto sulla Sostenibilità 2023, evidenziando innovazioni sostenibili e miglioramenti operativi. Il rapporto descrive i contributi dell'azienda alla comunità e le iniziative di sviluppo dei dipendenti.
I punti salienti includono l'introduzione di composti di PVC riciclato con il marchio Pivotal™, l'installazione di un impianto solare in Spagna, la partecipazione a un programma di energia rinnovabile in Louisiana e l'espansione dei programmi di formazione per i dirigenti. Il rapporto segue i framework del Global Reporting Initiative (GRI), del Sustainability Accounting Standards Board (SASB) e del Task Force on Climate-Related Financial Disclosures (TCFD), fornendo trasparenza nelle divisioni Performance & Essential Materials e Housing & Infrastructure Products.
Westlake (NYSE: WLK) ha lanzado su séptimo Informe de Sostenibilidad 2023, destacando innovaciones sostenibles y mejoras operativas. El informe detalla las contribuciones de la empresa a la comunidad y las iniciativas de desarrollo de empleados.
Los puntos clave incluyen la introducción de compuestos de PVC reciclado bajo la marca Pivotal™, la instalación de una planta de energía solar en España, la participación en un programa de energía renovable en Louisiana y la expansión de los programas de capacitación para la gerencia. El informe sigue los marcos del Global Reporting Initiative (GRI), del Sustainability Accounting Standards Board (SASB) y del Task Force on Climate-Related Financial Disclosures (TCFD), proporcionando transparencia en las divisiones de Performance & Essential Materials y Housing & Infrastructure Products.
웨스트레이크 (NYSE: WLK)가 제7회 연례 2023 지속 가능성 보고서를 발표했습니다. 이 보고서는 지속 가능성 혁신 및 운영 개선사항을 강조합니다. 보고서에서는 회사의 지역 사회 기여와 직원 개발 이니셔티브에 대해 설명합니다.
주요 하이라이트로는 Pivotal™ 브랜드 아래 재활용 PVC 화합물의 도입, 스페인에 있는 태양광 발전소 설치, 루이지애나에서의 재생 에너지 프로그램 참여, 그리고 경영진 교육 프로그램 확대가 있습니다. 이 보고서는 글로벌 보고 이니셔티브 (GRI), 지속 가능성 회계 기준 위원회 (SASB), 기후 관련 재무 공시를 위한 태스크 포스 (TCFD)의 프레임워크를 따르며, Performance & Essential Materials와 Housing & Infrastructure Products 부문에서 투명성을 제공합니다.
Westlake (NYSE: WLK) a publié son septième Rapport sur la Durabilité 2023, mettant en avant les innovations en matière de durabilité et les améliorations opérationnelles. Le rapport détaille les contributions de l'entreprise à la communauté ainsi que les initiatives de développement des employés.
Les principaux points forts comprennent l'introduction de composés de PVC recyclé sous la marque Pivotal™, l'installation d'une centrale solaire en Espagne, la participation à un programme d'énergie renouvelable en Louisiane et l'expansion des programmes de formation pour les cadres. Le rapport suit les cadres du Global Reporting Initiative (GRI), du Sustainability Accounting Standards Board (SASB) et du Task Force on Climate-Related Financial Disclosures (TCFD), assurant une transparence dans les divisions Performance & Essential Materials et Housing & Infrastructure Products.
Westlake (NYSE: WLK) hat seinen siebten jährlichen Nachhaltigkeitsbericht 2023 veröffentlicht, der Nachhaltigkeitsinnovationen und betriebliche Verbesserungen hervorhebt. Der Bericht beschreibt die Beiträge des Unternehmens zur Gemeinschaft und die Initiativen zur Entwicklung der Mitarbeiter.
Zu den wichtigsten Punkten gehören die Einführung von recycelten PVC-Verbindungen unter der Marke Pivotal™, die Installation eines Solarenergieanlagens in Spanien, die Teilnahme an einem Programm für erneuerbare Energien in Louisiana und die Erweiterung der Schulungsprogramme für das Management. Der Bericht folgt den Rahmenwerken des Global Reporting Initiative (GRI), des Sustainability Accounting Standards Board (SASB) und der Task Force on Climate-Related Financial Disclosures (TCFD), wodurch Transparenz in den Bereichen Performance & Essential Materials und Housing & Infrastructure Products gewährleistet wird.
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“We believe great ideas and innovations start with listening. Some of our greatest successes and operational improvements were inspired by our employees and customers,” said Jean-Marc Gilson, President and Chief Executive Officer. “Our sustainability reporting approach gives us additional opportunities to deepen engagement with our stakeholders, internally and externally, by learning how we can do better, celebrating our shared successes and supporting our communities. This report also aligns with our deliberate and disciplined investment approach, including how we advance sustainability with the ultimate objective of achieving both financial reward and long-term value creation.”
The Report includes updates on operations, new product initiatives, and other actions toward achieving sustainability goals, locally and globally.
Our 2023 Sustainability highlights include:
- Westlake Global Compounds added recycled PVC compounds to its offerings under Westlake’s Pivotal™ brand.
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The installation of a solar power plant at our Westlake Epoxy plant in Barbastro,
Spain , and participation in a renewable power purchasing program with our local utility inLouisiana . - The expansion of training offerings and a comprehensive six-month management training program for front-line supervisors with under a year of experience in their roles at our manufacturing facilities.
- Support for a widening array of community service activities and our self-directed employee networks.
The Sustainability Report includes certain metrics under the Global Reporting Initiative (GRI), and Sustainability Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD) frameworks for disclosure. These globally recognized frameworks inform how Westlake provides transparency on products, operations and locations across the company’s Performance & Essential Materials and Housing & Infrastructure Products businesses.
Westlake continually assesses the evolving landscape of sustainability-reporting frameworks and gathers feedback on its sustainability performance from a range of stakeholders, including customers, employees, investors, suppliers, and ESG rating organizations.
About Westlake
Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in
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Chip Swearngan
media@westlake.com
1-713-960-9111
Source: Westlake Corporation
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