Solenis sustainability report 2023 highlights environmental and innovation commitments

The report covers the company’s environmental stewardship and ESG progress in 2023 (Image: Solenis)

Global producer of specialty chemicals used in water-intensive industries Solenis has released its sustainability report 2023, which summarises the progress toward the company’s environmental stewardship and ESG goals in 2023.

Its CEO John Panichella said, “In addition to welcoming 9,400 new employees through growth endeavours like our Diversey merger, Solenis was recognised for the third consecutive year as a US best managed company, and we made significant strides toward our DEI vision — while also delivering strong financial results.”  

“Our acquisitions grow our scale and increase our ability to help our customers with their sustainability goals,” he added. “We are well-positioned to move forward as a more diversified company with broader global reach, but there are more obstacles to overcome.”

Furthermore, Solenis has completed its first Carbon Disclosure Project (CDP) — enhancing disclosure based on robust answers to more than 100 questions across climate, forests and water security and committed to the Science Based Targets initiative (SBTi), according to its chief sustainability officer Dr Lotta Kanto Öqvist. “There are always areas for improvement, but these actions, along with many others, underscore our desire to advance our sustainability objectives,” she said.

The 2023 report is based on Global Reporting Initiative (GRI) universal standards. An independent certification agency validated findings of the report, which is the fourth released by Solenis. Key highlights in the report include moving closer to its objective of dedicating 5% of employee time to learning and personal growth.

Solenis continues to be on course to meet its goal of doubling its overall workforce and leadership diversity by 2030. It also announced that it will invest US$40m to relocate and expand its R&D centre in Delaware, US, increasing capacity to innovate and meet the surging demand for sustainable chemical solutions.

Solenis also inaugurated two new international centres of excellence (COEs), including one offering virtual lab testing capabilities to advance sustainable practices in the consumer paper packaging industry. Its employee engagement findings revealed that 81% of its employees expressed high engagement levels in the annual workplace survey, exceeding the survey vendor’s industry benchmarks for the manufacturing sector and similarly sized companies.