Hexion Releases Updated Sustainability Goals for 2020 and Beyond
Hexion Inc. ("Hexion" or the "Company") is strengthening its commitment to minimize its impact on climate change and develop more innovative sustainable products as part of its updated sustainability goals for 2020 and beyond.
"Our focus on sustainability and the societal trends we see is greater than ever before," said Craig Rogerson, Chairman, President and Chief Executive Officer. "Faced with a global pandemic, climate change and opportunities surrounding diversity, equity and inclusion, we continue to focus our efforts on making a positive impact while accelerating our growth. These new goals strengthen our long-standing commitment to sustainability and delivering on our strategic approach to 'Responsible Chemistry,' which includes supporting our associates, customers and communities."
Earlier this year, the Company completed an updated materiality assessment where it engaged with various internal and external stakeholders. From that assessment, the Company determined its most important areas of focus. While not limiting its sustainability efforts to these focus areas alone, these topics drove bold goal discussions and included:
Work continues to establish an aspirational goal around climate change and Greenhouse Gas emission reductions, as well as assembling Hexion's Scope 3 emissions. All are expected to be finalized in the first quarter of 2021.
For more about Hexion's updated Sustainability goals, visit www.hexion.com/sustainability.
About the Company
Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global adhesive, coatings, composites and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Additional information about Hexion Inc., its products and sustainability is available at www.hexion.com.