Environment

Monitoring and measuring the impact we have on the environment is a core element of our sustainability strategy. We are committed to using resources as efficiently as possible, promoting sustainable consumption and minimizing the impact of our operations on the environment.

Environmental Impact

Measuring and reducing the impact our activities have on the climate and the wider environment. Developing innovative products with an improved environmental profile.

Product Sustainability

Supplying safe, sustainable products, designed to meet the needs of society now and in the future, to help customers achieve their sustainability goals while minimizing environmental impact.

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Minimizing our environmental impact

Every year we try to use the Earth’s resources as efficiently as possible to minimize the impact of our operations on the environment. As part of this ongoing commitment, we review the latest technologies and processes to see if any new opportunities have emerged that might help us reduce our impact. We look at novel ideas to improve the sustainability of our products and how we can help our customers respond to environmental challenges through innovation and superior product performance.

Measuring our environmental impact

As a responsible business we have been monitoring and publicly reporting on our environmental impact since 2006, providing annual data for greenhouse gas (GHG) emissions, energy use, water use and waste generation. In 2023, we reset our baseline reporting year to 2014 to better reflect our operations. We also calculated our scope 3 emissions for the first time. This data now provides a more accurate understanding of the global carbon footprint of the company, helping us to identify and target areas for improvement.

Following the acquisition or divestment of facilities, it is established practice to reset the baseline year data. The new figures are calculated by adding or removing any contributions made from the acquired or divested activities respectively from the baseline year onwards.Ā  At the end of 2023, we acquired QGP Quimica Geral S.A. (QGP) and have incorporated their environmental data from 2017 to 2024 into our report, impacting the overall trends previously reported. Although Innospec had no influence over QGP’s performance before 2023, this data provides a more accurate understanding of the global carbon footprint of the company, helping us to identify and target areas for improvement.

Our Environmental Actions:

Climate Change

We recognize that businesses like ours have an important contribution to make towards reducing global GHG emissions and the impact of climate change.

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Waste & Circularity

Finding new ways to improve waste handling reduces the impact of our operations on the environment. We apply the waste management hierarchy when dealing with the waste that we generate.

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Water Use

We recognize the importance of responsible water management in a world that faces increasing drought and water stress. We are committed to using this valuable resource as carefully & efficiently as possible.

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Energy Use & Emissions

Since we started monitoring our energy use against our 2006 baseline year we have significantly reduced this and continually seek ways to make further reductions.

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