Trinseo Adopts GRI Standards for Annual Sustainability and Corporate Social Responsibility Reporting
May 17 2018 - 9:00AM
Business Wire
Company increasing transparency with global
comparability and more detailed disclosure on environmental and
social impact
Trinseo (NYSE: TSE), a global materials solutions provider and
manufacturer of plastics, latex binders and synthetic rubber, today
announced it is increasing its focus on sustainability and
transparency with the adoption of the Global Reporting Initiative
(GRI) framework for public sustainability reporting.
“At Trinseo, sustainability and corporate social responsibility
are intrinsic to who we are,” said Catherine Maxey, Vice President,
Public Affairs, Sustainability and Environment, Health and Safety.
“Our adoption of the GRI Standards as the framework for our public
sustainability reporting redoubles our commitment to transparency.
Adhering to the GRI Standards is consistent with Trinseo’s
commitment to integrity and accountability, and demonstrates an
openness to disclose our contributions and impact on our
stakeholders and the world.”
The Global Reporting Initiative is the leading independent
organization that provides a common language and framework for
public sustainability reporting, allowing more global comparability
and better quality of information about company sustainability
impacts. GRI provides expertise to assist companies in expanding
their disclosure and reporting activities around this common
framework.
“We are excited to be a part of Trinseo’s journey towards
adopting GRI's reporting framework: the most used framework
worldwide due to its credibility, flexibility and adaptability,”
said Shivani Rajpal, Director-Services, GRI. “As a first step, we
will work together with Trinseo and perform the GRI Kick-off
Service to set off the reporting process for their first report to
be prepared in accordance with the GRI Standards that will be
published in 2019.”
Trinseo will begin using the GRI Standards in its 2017
Sustainability report, which will be published in the third quarter
of 2018. The company is planning to provide a full GRI-aligned
Sustainability Report in 2019.
Trinseo, formerly Styron, published its first Sustainability/CSR
report in 2011, with public disclosure of emissions, energy use,
water use, and waste and safety performance. The company has
continued to issue a public report annually on its website at
www.trinseo.com/sustainability. Now with the adoption of the GRI
framework in 2018, the company’s Sustainability/CSR reports will
contain even more information than in the past.
Trinseo became a Responsible Care® company at its formation in
2010, joined the Carbon Disclosure Program (CDP) in 2012, the Green
Freight Europe Programme in 2013, and Operation Clean Sweep in
2014.
Trinseo’s products enable its customers to create more
sustainable solutions by reducing energy use, preserving health,
enhancing safety, improving durability, and conserving natural
resources. The company’s vision is to be a world leader in
delivering innovative materials, technologies, and solutions that
enable a more sustainable world.
About Trinseo
Trinseo (NYSE: TSE) is a global materials solutions provider and
manufacturer of plastics, latex binders, and synthetic rubber. We
are focused on delivering innovative and sustainable solutions to
help our customers create products that touch lives every day —
products that are intrinsic to how we live our lives — across a
wide range of end-markets, including automotive, appliances,
consumer electronics, medical devices, electrical, building and
construction, textile, paper and board, footwear and tires. Trinseo
had approximately $4.4 billion in net sales in 2017, with 16
manufacturing sites around the world, and approximately 2,200
employees. For more information visit www.trinseo.com.
Note on Forward-Looking Statements:This press release may
contain “forward-looking statements” within the meaning of the safe
harbor provisions of the United States Private Securities
Litigation Reform Act of 1995. Words such as “expect,” “estimate,”
“project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,”
“may,” “will,” “could,” “should,” “believes,” “predicts,”
“potential,” “continue,” and similar expressions are intended to
identify such forward-looking statements. Forward-looking
statements in this press release may include, without limitation,
forecasts of growth, revenues, business activity, acquisitions,
financings and other matters that involve known and unknown risks,
uncertainties and other factors that may cause results, levels of
activity, performance or achievements to differ materially from
results expressed or implied by this press release. As a result of
the foregoing considerations, you are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this press release. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20180517005440/en/
TrinseoDonna St.Germain,
+1-610-240-3307stgermain@trinseo.com
Trinseo (NYSE:TSE)
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