Hexion closely monitors multiple operating metrics with a focus on continually improving its processes to reduce the environmental impact. Success is measured based on the following metrics: Greenhouse Gas Emissions; Scope 1 and Scope 2 Carbon Dioxide Equivalent (CO2e) Emissions; Energy Consumption and intensity; Environmental Events and Spills; Water Consumption; and Waste Generation. Working together, Hexion expects to continue making significant progress in these key sustainability metrics in 2023 and going forward.
Hexion’s strategy is aligned with Sustainable Development Goals 13 (focused on initiatives to protect against climate change, reduce greenhouse gas emissions, and improve energy efficiency) and 12 (focused on responsible consumption and production). We are addressing climate change by developing bio-based and circular products, innovating products that help to respond to challenges associated with a changing climate, and developing a resilient supply chain. Hexion is also committed to efficiently managing resources, including energy and water consumption, and taking actions to mitigate the impact of severe weather on facilities and customers.
Placing sustainability at the core of our business means building from the inside out. It gives us the values that guide us and extends to how we operate in every facility, every day.
Through focused efforts to reduce spills and releases, and improved permit compliance, the Environmental Events metric has steadily declined and held steady in recent years with a 10-year reduction of over 85 percent.
