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Among the highlights is a water-recycling project in drought-stricken South Africa
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Orion S.A. (NYSE: OEC), a global specialty chemical company, announced today its 2024 sustainability rating from EcoVadis has been raised from Gold to Platinum, the highest possible distinction.Orion now ranks among the top 1% of the companies assessed by EcoVadis, one of the world’s largest providers of business sustainability ratings. The organization revised Orion’s score from 78% to 82% after reassessing the company’s 2023 performance.“Achieving the Platinum rating is a huge milestone for Or
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Orion S.A. (NYSE: OEC), a global specialty chemicals producer, is investing €12.8 million – including €6.4 million in funding from the German government and the European Union – to further develop and demonstrate a climate-neutral process for producing carbon black from alternative carbon sources, the company said today.The technology is designed to improve Orion’s yield and throughput in the production of carbon black using circular feedstocks and thus potentially reduce the carbon footprint of
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Orion S.A. (NYSE: OEC), a global specialty chemicals company, today released its 2022 Sustainability Report that highlights a variety of initiatives, including launching four new sustainable products, conducting a Scope 3 greenhouse gas emissions inventory and nearing the completion of a massive air emissions control project.The report’s “CEO Letter to Stakeholders” describes the magnitude, complexity and impact of the air emissions control initiative that started five years ago and is the bigge
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VMware, Inc. (NYSE:VMW), a leading innovator in enterprise software, today released the 2023 Environmental, Social and Governance (ESG) report to share progress made toward the company’s 2030 Agenda. The 2030 Agenda serves as a compass to guide business actions and commitments to drive outcomes of sustainability, equity and trust.“Every product we engineer, every customer we support and every employee we empower brings us one step closer to a more sustainable, equitable and secure future,” said
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Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, announced today it has received a Gold medal rating from EcoVadis, an independent organization that assesses the performance of companies in a wide range of sustainability areas.Orion improved its score from the previous year, moving up from 72 to 77 points – just one point away from receiving a Platinum medal rating. The company is now in the 99th percentile of companies assessed by EcoVadis.“The way Orion was able to j
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Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, said today it will sharply reduce air emissions at its Borger, Texas, plant with new control technology.The $60 million project also involved upgrading the site’s cogeneration system, which takes heat created by the carbon black production process and converts it to electricity that can be used by the plant. The electricity is also sold back to the power grid. Such energy conservation equipment is used by many Orion plan
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Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, announced today it was upgraded to a “B” score by the nonprofit organization CDP, recognizing Orion has addressed the environmental impact of its businesses and ensures good environmental management.The London-based CDP, formerly known as the “Carbon Disclosure Project,” operates a global system that enables companies to report their environmental impact. CDP assesses the information with its own methodology and provides
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Orion Engineered Carbons (NYSE: OEC), a specialty chemicals company, announced today it aspires to align its sustainability objectives with the Paris Climate Agreement and strive to achieve net-zero emissions of greenhouse gases by 2050.To make its net-zero aspirations realistic, Orion developed a roadmap with near- and long-term targets. The company aspires to:Launch a broad range of products using recycled materials by 2025 and during the same period position the company to enlarge its footpri
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CEMEX has successfully converted CO2 into carbon nanomaterials in a laboratory setting.Carbon nanomaterials have several potential commercial applications in fields such as building materials, electronics, agriculture, and biomedicine.CEMEX is the first company in the cement industry to introduce this technology, which could be a game-changer in decarbonizing cement production.
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ESG report focuses on environmental stewardship, building strong communities
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Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, today announced its CEO has signed the U.N. Global Compact, the world’s largest corporate sustainability initiative.The compact calls on companies to align strategies and operations with universal principles on human rights, labor, anti-corruption and the environment. The pact’s mission is “to mobilize a global movement of sustainable companies and stakeholders to create the world we w
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Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today that effective January 1, 2022, the company is implementing a carbon dioxide (CO2) surcharge on all carbon blacks produced in Europe, to the extent contracts allow.The official EU Emission Trading System (ETS) aims to support the EU climate neutrality target by 2050 and the intermediate target of at least 55 percent net reduction in greenhouse gas emissions by 2030 comp
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The pledge commits Orion Engineered Carbons to advance diversity and inclusion efforts
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Working with science-based groups, Orion is creating a more sustainable world with a strategy focused on decarbonization, circularity and electrification.
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Demonstrates Commitment to Increased Transparency and Creating a More Sustainable Future
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The global carbon black manufacturer employs more than 70 area residents at its facility in Borger, TX
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Access to Web-based Battle Skills Platform Aims to Help Black Girls and Women Break Through Barriers to Careers in Information Security
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Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today announced that it published its annual sustainability report, highlighting the company’s results against its targets and the core elements of its strategy to drive sustainability across the full spectrum of the carbon black value chain.“As a responsible member of the global community, we embrace sustainability as an integral part of our long-term strategy,” said Corning Painter,
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New Report Emphasizes Urgent Need for Continued Investment
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Newsweek Names Cabot Corporation One of America’s Most Responsible Companies
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Orion Engineered Carbons S.A. (NYSE: OEC) (the “Company” or “Orion”), a worldwide supplier of specialty and high-performance Carbon Black, today announced the inclusion of Sustainability to the charter of the Board of Directors’ Nominating, Sustainability, and Governance Committee. This is to establish the governance structure that embeds sustainability into the Company’s core management framework. Orion also announced the publication of its 2018 Sustainability Report, which outlines the Company
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Cabot is the first chemical manufacturer to complete RC14001® certification by China CNCA approved independent third party