10 Sep DyStar Releases 2018 Sustainability Report
Singapore – 10 September 2019 – DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation is pleased to announce the release of its Sustainability Performance Report for 2018 – 2019, based on its defined Four Key Performance Indicators – Creating responsible products and services, Sustainable business growth, Conserving planetary resources and Caring for people.
Mr. Eric Hopmann, CEO of DyStar Group said, “Our commitment to sustainability at DyStar is illustrated across the way we performed our businesses. By making positive impacts toward the entire supply chain, we are being a responsible corporate citizen, and at the same time helping our customers to do likewise.”
Into its ninth year of reporting, DyStar has shown significant improvements through the year of 2018. Among other achievements, DyStar’s relentless efforts have paid off in terms of organization’s financial performance, achieving double-digit growth in revenue of 11%, and has helped to operationally reduce overall production footprint by 20% for every ton of production.
Highlights of Report:
Creating Responsible Products and Services
- More than 2,200 textile mills audited for chemical risk and textile processing
- More than 1,300 of DyStar’s products approved by bluesign®
Sustainable Business Growth
- Increase in global employee wages and benefits
Conserving Planetary Resources
- Reported 22% reduction of emissions intensity compared to 2011
- 29% of the customer packaging were reconditioned and reused in 2018
Caring for People
- More than 23,000 hours invested in staff training
- Reported 308,000m3 of water provided to communities at no-cost since 2011
Globally, DyStar provides a diverse range of innovative solutions to multiple industries including Textile & Leather, Personal Care, Pharma & Household, Food & Beverages, Paints, Coatings, Industrial & Construction, Printing, Paper & Packaging as well as Water Treatment & Agriculture.
As we progress, DyStar will continue building a sustainable growth environment in order to achieve long-term value in a balanced and responsible manner across the value chain.
DyStar’s Sustainability Report is available here – www.dystar.com/sustainability-reports/