6/16/2022

Kemira as a sustainable investment

Kemira is a global leader in sustainable chemical solutions for water intensive industries. Growing environmental and social awareness is a significant growth driver for Kemira’s business: more efficient use of natural resources, a growing circular economy focus on biodegradable and recyclable products, tightening environmental regulation as well as climate change mitigation all drive demand for Kemira’s products. In 2021,  54% of Kemira’s revenue was generated from products that improve customer resource-efficiency.

How do our products make the world a better place?

Sustainability KPIs

Kemira updated its sustainability targets in 2021 and identified five themes as sustainability focus areas: safety, people, water, circularity and climate.

You can find more information on the five key themes on Kemira’s sustainability pages.

From United Nations Sustainable Development Goals (SDG), Clean Water and Sanitation (SDG 6), Decent Work and Economic Growth (SDG8), Responsible consumption and production (SDG12) and Climate action (SDG 13) are the most relevant to Kemira.

Kemira supports the ambition of the UNFCCC Paris Agreement, UN Guiding Principles on business and Human Rights as well as UN Global Compact.

Kemira has been widely acknowledged for its commitment to sustainability

Kemira actively participates in various sustainability surveys. Below a list of some sustainability rankings for Kemira vs. chemical industry benchmark.

KEMIRA HAS AMBITIOUS CLIMATE TARGET AND COMMITS TO SCIENCE BASED TARGETS INITIATIVE

Kemira has ambitious target for significant reductions in its greenhouse gas (GHG) emissions by the year 2030 in line with the Science Based Target initiative (SBTi)*. Kemira commits to 50% cut in the emissions from its own operations (scope 1 and 2 emissions**) by 2030, compared to a 2018 baseline. This target is in line with limiting global warming to 1.5°C, which is currently the most ambitious criteria for setting science-based targets.

Kemira’s scope 1&2 emission reduction ambition increases significantly from 30% 2030 target to 50% 2030 target. Furthermore Kemira commits to developing a quantified near-term scope 3 target within the timeframe set by the Science Based Target initiative framework. Kemira will submit these updated targets to be validated by the SBTi.

Read more on the Press Release of June 15, 2022

*)Science Based Targets initiative (SBTi), a partnership between CDP, the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), drives ambitious climate action by enabling companies to set science-based emissions reduction targets.

**) Scope 1, 2 and 3 emissions as defined by the Greenhouse Gas Protocol. Scope 1 and 2 cover the emissions related to our own production. Scope 3 includes all other relevant emissions throughout the value chain.

Sustainability reporting

Kemira’s sustainability reporting follows the Global Reporting Initiative’s (GRI) guidelines. The information in the Sustainability report has been externally assured by an independent third party. You can read more from Kemira’s Sustainability report for 2021. Kemira’s Annual Report for 2021, which contains sustainability related topics, can be accessed here.

Key policies supporting sustainable business operations

Key policies Policy owner Link to priorities
Code of Conduct Group General Counse People, Safety
Product stewardship policy Head of Product Stewardship and Regulatory Affairs Safety
Trade compliance policy Head of Product Stewardship and Regulatory Affairs Safety
Intellectual Property Rights policy Chief Technology Officer Water, Circularity and Climate
EHSQ policy (including Energy policy) Head of Environment, Health, Safety and Quality Safety, Water, Circularity and Climate
Sourcing and procurement policy EVP, Operational Excellence Safety, Water, Circularity and Climate
Logistics and transportation policy Head of Global Supply Chain Management Safety and Climate
Recruitment policy Compensation policy EVP, Human Resources People
Global competition law compliance policy Group General Counsel People
Gifts, entertainment and anti-bribery policy Group General Counsel People