Chemours Reaches Important Milestone in Its Sustainability Journey; Receives Approval of Science-Based Emissions Reduction Targets
11 Giugno 2024 - 12:46PM
Business Wire
The SBTi has approved Chemours’ near-term
science-based emissions reduction targets
The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry
company, today announced that the Science Based Target initiative
(SBTi) has approved Chemours’ near-term science-based greenhouse
gas (GHG) emissions reduction targets. This includes the Company’s
existing goal of an absolute 60% reduction in Scope 1 and 2 GHG
emissions by 2030 and a new Scope 3 target to reduce emissions by
25% per ton of production by 2030.
"Receiving approval for our near-term science-based emissions
reduction targets from the SBTi marks a critical milestone in
Chemours’ sustainability journey. We are committed to making a
meaningful impact in the global fight against climate change,
including through our sustainable offerings and responsible
manufacturing practices,” said Dr. Amber Wellman, Chemours Chief
Sustainability Officer. “Since Chemours established its Corporate
Responsibility Commitment goals in 2018, we have strived for
continued progress and improvement. This validation signals we are
moving in the right direction, and we are proud to be a leader in
our industry. Working together with our partners, we will continue
to create a better world through the power of our chemistry.”
Chemours is among a small group of chemical companies to have
their near-term emissions reduction targets approved by SBTi—a
global body enabling businesses to set ambitious emissions
reductions targets in line with the latest climate science. The
initiative is a collaboration between the Carbon Disclosure Project
(CDP), World Resources Institute (WRI), the World Wildlife Fund
(WWF), and the United Nations Global Compact, which Chemours signed
in 2018. The SBTi defines and promotes best practice in
science-based target setting, offers resources and guidance to
reduce barriers to adoption, and independently assesses and
approves companies’ targets.
This announcement follows the release of Chemours’ 2023
Sustainability Report, which details the Company’s action against
its Corporate Responsibility Commitment goals. This year’s report,
titled “Partnering for Progress,” demonstrates Chemours’
significant work towards reaching its Scope 1 and 2 targets by
achieving a 52% reduction from its 2018 baseline.
About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in Titanium
Technologies, Thermal & Specialized Solutions, and Advanced
Performance Materials providing its customers with solutions in a
wide range of industries with market-defining products, application
expertise and chemistry-based innovations. We deliver customized
solutions with a wide range of industrial and specialty chemicals
products for markets, including coatings, plastics, refrigeration
and air conditioning, transportation, semiconductor and consumer
electronics, general industrial, and oil and gas. Our flagship
products are sold under prominent brands such as Ti-Pure™, Opteon™,
Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The Company has
approximately 6,200 employees and 28 manufacturing sites, and
serves approximately 2,700 customers in approximately 110
countries. Chemours is headquartered in Wilmington, Delaware and is
listed on the NYSE under the symbol CC.
For more information, we invite you to visit chemours.com or
follow us on X (formerly Twitter) @Chemours or on LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements, within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, which involve
risks and uncertainties. Forward-looking statements provide current
expectations of future events based on certain assumptions and
include any statement that does not directly relate to a historical
or current fact. The words "believe," "expect," "will,"
"anticipate," "plan," "estimate," "target," "project" and similar
expressions, among others, generally identify "forward-looking
statements," which speak only as of the date such statements were
made. These forward-looking statements may address, among other
things, our near-term greenhouse gas emissions reduction targets,
our commitments on climate change, and our progress against our
Corporate Responsibility Commitment goals, all of which are subject
to substantial risks and uncertainties that could cause actual
results to differ materially from those expressed or implied by
such statements. Forward-looking statements are based on certain
assumptions and expectations of future events that may not be
accurate or realized, such as full year guidance relying on models
based upon management assumptions regarding future events that are
inherently uncertain. These statements are not guarantees of future
performance. Forward-looking statements also involve risks and
uncertainties that are beyond Chemours' control. Matters outside
our control, including general economic conditions, geopolitical
conditions and global health events and weather events, have
affected or may affect our business and operations and may or may
continue to hinder our ability to provide goods and services to
customers, cause disruptions in our supply chains such as through
strikes, labor disruptions or other events, adversely affect our
business partners, significantly reduce the demand for our
products, adversely affect the health and welfare of our personnel
or cause other unpredictable events. Additionally, there may be
other risks and uncertainties that Chemours is unable to identify
at this time or that Chemours does not currently expect to have a
material impact on its business. Factors that could cause or
contribute to these differences include the risks, uncertainties
and other factors discussed in our filings with the U.S. Securities
and Exchange Commission, including in our Annual Report on Form
10-K for the year ended December 31, 2023 and our Quarterly Report
on Form 10-Q for the quarter ended March 31, 2024. Chemours assumes
no obligation to revise or update any forward-looking statement for
any reason, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240611091668/en/
INVESTORS Brandon Ontjes Vice President, Investor
Relations +1.302.773.3300 investor@chemours.com Kurt Bonner,
Manager, Investor Relations +1.302.773.0026 investor@chemours.com
NEWS MEDIA Cassie Olszewski Corporate Media & Brand
Reputation Leader +1.302.219.7140 media@chemours.com
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