Quaker Houghton's 2024 Report Highlights Strong Sustainability Efforts
Quaker Houghton Unveils 2024 Sustainability Report
Quaker Houghton (NYSE: KWR), a leader in industrial process fluids, has proudly unveiled its 2024 Sustainability Report. This comprehensive document illustrates the Company’s dedication to sustainable practices and highlights the significant advancements made in their operations through innovative product offerings and consistent performance metrics that allow them to see beyond current industry challenges.
CEO's Commitment to Sustainability
Joseph Berquist, the Chief Executive Officer and President of Quaker Houghton, expressed the importance of sustainability in their operational strategy. He commended the remarkable progress achieved in 2024, emphasizing the Company’s commitment to adapt and evolve responsibly, ensuring safety and sustainability lead their operational agenda. The acknowledgment from renowned platforms, including the EcoVadis Silver Award, validates their efforts and progress.
Key Highlights from the 2024 Report
The 2024 Sustainability Report outlines several remarkable achievements made by Quaker Houghton as part of their commitment to sustainability. Achievements highlighted in the report include:
- A notable 7% decrease in Scope 2 greenhouse gas emissions compared to the previous year.
- Elimination of over 23,000 metric tons of waste in 2024 at partner locations, totaling more than 70,000 metric tons since 2022.
- 76% of the Company’s global electricity consumption comes from renewable or zero carbon sources.
- Significant 75% rise in employee training hours compared to 2023.
- Continued improvement in recordable incidents (TRIR) for the fifth consecutive year, reinforcing their commitment to the core value of "Life Safe."
Innovative Solutions and Global Presence
Quaker Houghton stands as the essential partner for thousands of advanced steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies throughout the globe. Their innovative, high-performing solutions are driven by cutting-edge technology, deep process understanding, and tailored services, alongside a dedicated workforce of approximately 4,400 employees, including chemists and engineers with industry expertise.
Partnership and Efficiency
With a global operational footprint spanning over 25 countries, Quaker Houghton partners with a diverse range of customers to continuously enhance operational efficiency and effectiveness. Their focus is not merely on transactional relationships but on building a collaborative partnership that anticipates future challenges and solutions.
About Quaker Houghton
Headquartered in Conshohocken, Pennsylvania, Quaker Houghton remains committed to leading the way in providing sustainable industrial process fluids. The Company’s efforts in innovation and sustainability not only enhance their client’s operations but also contribute positively to the communities they are part of. You can learn more about their products and sustainability initiatives by visiting their website.
Frequently Asked Questions
What is Quaker Houghton's main focus in their operations?
Quaker Houghton primarily focuses on sustainable industrial process fluids, aiming to enhance operational efficiency and safety for their clients.
How has Quaker Houghton progressed in terms of sustainability?
The Company achieved a 7% reduction in greenhouse gas emissions, eliminated over 23,000 metric tons of waste, and increased employee training significantly.
What recognition did Quaker Houghton receive for its sustainability efforts?
Quaker Houghton earned the EcoVadis Silver Award, reflecting their commitment to sustainability and operational excellence.
How many countries does Quaker Houghton operate in?
Quaker Houghton operates in over 25 countries globally, showcasing its extensive reach in the industry.
Where can I find more information about Quaker Houghton?
Visit Quaker Houghton’s official website to explore more about their sustainability initiatives and industrial solutions.
About The Author
Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.