Our objectives and targets for 2022 and beyond

  • Work towards achieving our medium-term objective for all manufacturing sites to deliver a 10% reduction in Group Scope 1 GHG emissions by the end of 2030.
  • Evaluate options, consistent with the Paris Climate Agreement, to enable us to deliver a net zero emissions target by 2050.
  • Deliver the procurement of renewable electricity for our 2022 usage while exploring opportunities to use physical sources of renewable energy at our manufacturing facilities.
  • Implement new initiatives to reduce water use, improve water quality and maximize the recycling of waste and minimize the amount sent to direct landfill.
  • Conduct an annual transparency and risk mapping exercise for our 2021 palm volumes, targeting 100% transparency to the mill level by 2025.
  • Increase the number of non-raw materials suppliers invited to complete an EcoVadis supplier evaluation assessment and engage with low scoring suppliers to increase their score.
  • Review and benchmark the Innospec Code of Conduct and Annual Modern Slavery Statement to ensure they continue to meet best practice.