CONSHOHOCKEN, Pa., April 27,
2023 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) the
global leader in industrial process fluids, today announced the
release of its 2022 Sustainability Report. The report
highlights the foundational progress to advance the Company's
holistic environmental, social and governance (ESG) strategy and
deliver on its 2030 goals. The report also includes the ways in
which its approach, products and services are aimed at making a
positive contribution to Quaker Houghton's markets, customers and
society.
Andy Tometich, Chief Executive
Officer and President commented, "I am pleased with the company's
meaningful accomplishments advancing our sustainability program in
2022. The improvements we are making in our foundational
capabilities are critical to the long-term success of our company,
our customers and the communities we serve. We are uniquely
positioned to lead our industry towards a more sustainable future
and are fully committed to further advancements towards our 2030
goals."
Quaker Houghton's 2022 Sustainability Report aligns with
credible sustainability frameworks such as the Global Reporting
Initiative (GRI), Task Force on Climate-related Financial
Disclosure (TCFD) and the Sustainability Accounting Standards Board
(SASB). Highlights from the 2022 Sustainability Report
include:
- Implemented Green Chemistry Guidelines, supporting our high
performing solutions with enhanced environmental and societal
impact
- Actively assessing and auditing the sustainability performance
of our suppliers, leveraging the EcoVadis platform
- Reduced impact on GHG emissions through investments in
renewable energy certificates
- More than 25% of total raw materials are renewable, and 7% are
re-refined
- Delivered a 3% improvement of our total recordable incident
rate (TRIR) compared to 2021
- Recognized on Newsweek's 2023 List of America's Most
Responsible Companies for the second consecutive year
Click here to view more information or to read our 2022
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
4,600 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.
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SOURCE Quaker Houghton