Univar Solutions Publishes 2022 Environmental, Social and Governance (ESG) Report

Univar Solutions Publishes 2022 Environmental, Social and Governance (ESG) Report
© Univar Solutions Inc.

Univar Solutions Inc. (NYSE: UNVR), a leading global solutions provider to users of specialty ingredients and chemicals, released its 2022 ESG report, which is available through the Univar Solutions website. The report tracks Univar Solutions’ progress against its ESG targets over the past year and shares 2022 metric highlights, including:

Delivered significant progress on environmental goal

  • Reduced our absolute Scopes 1 and 2 emissions by 16.31 percent from our baseline.
  • Disclosed our second year of Scope 3 emissions and delivered reductions in key areas, resulting in an intensity reduction of 25.26 percent of our overall Scope 3 emissions.
  • Reduced absolute hazardous waste totals by 25.3 percent compared to our baseline.

Strengthened positive impact on society

  • Experienced our safest year on record since 2015, reducing our global Total Case Incident Rate (TCIR) by 30 percent to 0.33 in 2022, compared to our baseline of 0.47.
  • Increased diverse representation rates on gender and ethnicity at the people-leader level, achieving one of our targets ahead of schedule.
  • Significantly evolved our community engagement program, launching our Community Bonds program and opening more volunteering opportunities for our employees.

Advanced governance issues

  • Strengthened our sustainable sourcing activities, rolling out our Supplier Code of Conduct to new suppliers and hundreds of legacy suppliers in the United States, covering over 32.5 percent of our product suppliers (measured by spend).
  • Commenced our global supplier sustainability assessment program, centered on employing the EcoVadis supply chain sustainability platform, with 44.5 percent of our product suppliers (measured by spend).
  • Increased our company’s third-party ratings across the majority of our assessment platforms.

“I am pleased to see how our people continued to demonstrate excellence in all we do and to see our steady progress toward our new set of goals for 2025 and beyond, said David Jukes, president and chief executive officer. “As we remain focused on delivering environmental and social value through our business and value chain, we remain steadfast in our commitments to advance our sustainability journey.”

Throughout 2022, Univar Solutions achieved multiple recognitions including being awarded a low ESG risk rating by Sustainalytics, placing the Company in the top 14 percent of our industry, as well as being named by Newsweek as a member of their America’s Most Responsible Companies 2023 List. The Company was also named as a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign (HRC) Foundation, after receiving a score of 100 on the Corporate Equity Index (CEI) for a second year in a row while maintaining the recognition as a Great Place To Work® in Brazil and Mexico.

“I’m pleased to see our business making such strong progress to date, and I am truly grateful to our people worldwide for making this possible, said Jen McIntyre, chief people & culture officer and executive ESG lead at Univar Solutions. “ESG is fundamental to our ability to take care of our customers and suppliers while growing the Company and continuing our efforts to build a better tomorrow for future generations.”

“Our journey in delivering on our ESG goals continues and I couldn’t be prouder as we position Univar Solutions to meet these objectives while delivering on our purpose,” said Liam McCarroll, global sustainability director. “While much work remains, I’m confident in our momentum and know we can make a positive contribution and overcome global challenges because sustainability is a core part of our strategic plan.”