INEOS Styrolution consists of people that care. We care for our customers, and we can only be successful by making them successful. We are mindful of our responsibility to be a positive force in society, to protect our planet, and to run our business sustainably. This ambition to be sustainable drives us every day.
In concrete terms: we have set a goal to transform to a net-zero emissions business by 2050. This means that we are switching to ‘green’ power made from renewable resources like wind and solar energy, substituting renewable feedstock instead of fossil-based resources, and optimising our production sites.
We want to change styrenics for good: by producing it using renewable and recycled materials, reducing our dependence on fossil-based sources, and minimising plastic pollution and waste. And we are making it easier for our customers to switch to products made using our recycled or renewable materials. Our ambition is to sell half a million tonnes of INEOS Styrolution ECO products in 2030.
We have set our sustainability sights high and are working hard to bring these solutions to market. I am proud to see that with every introduction of a new drop-in solution from our ECO range of products, we are proving ourselves as the most reliable partner to our customers – helping them achieve their goals, as well as ours.
During the past year, we introduced our new sustainability strategy, developed a global roadmap to reduce our carbon emissions, and scaled up our ECO offerings. We took action across all our material topics, including ensuring a safe, inclusive workplace and maintaining high standards of business practice.
Our exemplary sustainability initiatives and our transparent reporting have been recognised externally, with a platinum rating by EcoVadis for the second year in a row. This is a noteworthy acknowledgement of our vision and dedication, and will continue to be a key driver of our resiliency and success moving forward.
Our styrenics products meet all the requirements to become a role model for many polymers, based on their recycling capabilities and their ability to be produced from renewable raw materials. However, while we are investing resources into developing a circular and net-zero future, we also need the right foundation to be successful. A clear and uniform regulatory framework, a level playing field and reliable access to waste and bio-feedstock will offer the necessary investment security for the entire value chain.
As CEO, I strive to turn our promises into action. But this cannot be achieved in isolation. It not only requires a great team like the colleagues working at INEOS Styrolution, but also cooperation, the right frameworks, and partners that share our vision. Therefore, we look forward to your continued support and collaboration as we advance on our journey of Living Sustainability. Together.
Sincerely yours,
Steve Harrington