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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
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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 pla
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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 provide
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Recap of CSR stories on Business Wire
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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 footp
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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
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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 com
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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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The global carbon black manufacturer employs more than 70 area residents at its facility in Borger, TX
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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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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