Wacker Announces Ambitious New Sustainability Goals
Wacker is striving to ensure that its entire product portfolio meets defined sustainability criteria by 2030.
Wacker Chemie AG recently presented its new sustainable development goals to investors and analysts at an online Capital Market Day that took place December 16, 2021. Wacker reports that its new goals are much more ambitious than previous ones. For example, by 2030, the Munich-based chemical group now aims to cut its absolute greenhouse gas emissions by 50% relative to 2020.
Previously, Wacker had committed to reducing specific greenhouse gas emissions—i.e. per metric ton of product—by 33% relative to 2012. Wacker is striving to ensure that its entire product portfolio meets defined sustainability criteria by 2030 (previously: 90%). It also expects all its key suppliers to meet defined sustainability standards by 2030 (previously: 90%). During the same period, it expects a 25% drop in emissions relating to upstream products used by Wacker. A new goal refers to specific water withdrawal, which Wacker aims to reduce by 15% by 2030.