Trinseo, a specialty material solutions provider, released its 2023 Sustainability & Corporate Social Responsibility Report, which details how the company is materializing a sustainable future through progression of its 2030 sustainability goals.

Highlights from the 2023 Sustainability Report include:

• Addressing Scope 3 emissions: Trinseo completed baseline calculations for Scope 3 emissions in 2022. The company said it continues to refine this data in 2023, as well as integrating a supplier engagement plan and training the procurement team and other stakeholders.
• Securing supplies of sustainable feedstocks: In January 2022, Trinseo acquired Heathland B.V., located in the Netherlands. This backward integration positions the company within the market and enhances its footprint and capability as a sustainable solutions provider, the company said. Heathland is the first recycler that Trinseo has acquired, a step in the company’s journey into a specialty material solutions provider.
• Expanding availability of sustainably advantaged materials: One of Trinseo’s sustainability goals is to have 40% of its product portfolio sustainably advantaged by 2030. In 2022, the company’s sustainably advantaged materials sales increased by 11%. Trinseo said this demand is an opportunity to bolster its business strategy for growth through innovative products.

“Our strategy delivers innovative materials for today’s challenges and envisions bold, new approaches to address our environmental impact. By thinking in both the short and long terms, we can develop an agile, flexible strategy that prioritizes not only products, but people, too—because we can see the impact we have on our facilities and teams over time, as well as the local communities in which we participate,” said Frank Bozich, president and CEO.

To complement the Sustainability Report, Trinseo also published a Core Impact Report that provides a holistic view of how the company defines, creates and disperses value over time. This year, the report also aligns with an EES perspective that showcases how the company’s intrinsic value is connected to the impact on their stakeholders.