Jul 26, 2018   SOURCE: BusinessWire

Trinseo Releases 8th Annual Sustainability and Corporate Social Responsibility Report

Trinseo (NYSE: TSE), the global materials company and manufacturer of plastics, latex binders, and synthetic rubber, today has published its 2018 Sustainability and Corporate Social Responsibility (CSR) Report, which showcases how Trinseo is meeting or exceeding the highest standards of safety and environmental performance, and developing innovative solutions that benefit our world. Titled, “Purpose, Performance, Progress,” the report is Trinseo’s eighth since the company’s formation in 2010.

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Trinseo has continued its trend of reducing its environmental footprint, as measured by a range of e ...

Trinseo has continued its trend of reducing its environmental footprint, as measured by a range of environmental performance indicators, since its first report in 2011. This infographic depicts the highlights from Trinseo’s 2018 Sustainability and CSR Report. (Graphic: Business Wire)

This report is significant because it is the first in the company's history to use the Global Reporting Initiative (GRI) framework for public sustainability reporting, and was granted status as a GRI-Referenced report. The Global Reporting Initiative is the leading independent organization that provides a common language and framework for public sustainability reporting, allowing more global comparability and better quality of information about company sustainability impacts.

With this milestone achieved, Trinseo has reaffirmed its commitment to transparency, integrity, and accountability in its global reporting.

During the full year of 2017, Trinseo continued its trend of reducing its environmental footprint, as measured by a range of environmental performance indicators. Since its first report in 2011, the company achieved a number of notable reductions in its environmental footprint, including:

  • Electricity usage, down 10%
  • Water consumption, down 29%
  • Greenhouse gas emissions from sources that are owned or controlled by Trinseo, down 24%
  • Total waste, down 41%

The 2018 Sustainability and CSR Report profiles how the company’s products help its customers improve their own sustainability in areas such as vehicle lightweighting to improve fuel efficiency, green tire technology, medical device design flexibility and parts consolidation, home appliance manufacturing, LED horticulture lighting, and more. The report also outlines Trinseo’s programs in product quality, safety, ethics and compliance, volunteerism, and Responsible Care®.

“We remain focused on Trinseo’s purpose – delivering innovative and sustainable solutions across our entire product portfolio – and continually improving safety and environmental performance across our global operations,” said Chris Pappas, President and CEO. “Every employee plays a role in our accountability, and together we are advancing Trinseo’s progress in becoming a more transparent and sustainable company.”

The report also details Trinseo’s record environmental, health, and safety (EH&S) performance. Trinseo’s recordable injury rate for 2017 was 0.29, a rate that is significantly lower than other manufacturers and American Chemistry Council (ACC) member companies.

“At Trinseo, sustainability and corporate responsibility are intrinsic to who we are,” said Walter van het Hof, Global Industry Affairs and Sustainability Leader for Trinseo. “With this report, we begin the adoption of the Global Reporting Initiative framework, and we expect to present a fully compliant GRI report next year.”

Trinseo’s Sustainability and CSR report is available online at www.trinseo.com/sustainability.

About Trinseo

Trinseo (NYSE: TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber. We are focused on delivering innovative and sustainable solutions to help our customers create products that touch lives every day — products that are intrinsic to how we live our lives — across a wide range of end-markets, including automotive, appliances, consumer electronics, medical devices, electrical, building and construction, carpet, paper and board, footwear and tires. Trinseo had approximately $4.4 billion in net sales in 2017, with 16 manufacturing sites around the world, and approximately 2,200 employees. For more information visit www.trinseo.com.

Note on Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in this press release may include, without limitation, forecasts of growth, revenues, business activity, acquisitions, financings and other matters that involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. As a result of the foregoing considerations, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

® Responsible Care is a registered service mark of the American Chemistry Council in the United States.