Sustainability rating places Venator in top 5% of companies
assessed by EcoVadis.
Venator – a global manufacturer of pigments and additives – is proud to
announce that it has been awarded a Gold Medal rating from EcoVadis for the
second consecutive year, placing the company in the top 5% of companies
assessed by EcoVadis, and the top 3% of companies within the chemical
industry. This prestigious recognition highlights Venator’s ongoing
commitment to responsible business practices and to delivering improvements in
sustainability.
EcoVadis is a globally recognized assessment platform that
evaluates companies based on several criteria, including environmental impact;
labor and human rights; ethics; and sustainable procurement, giving a
comprehensive overview of their sustainability performance.
This year’s Gold rating continues to position Venator as a leader
in the global sustainability space, further aligning its operations with the
highest standards of corporate responsibility. Venator’s gold medal score
reflects significant progress in key areas. Most notably, the business has made
significant strides in Sustainable Procurement and Ethics, underscoring its
dedication to enhancing supplier engagement and sustainable sourcing practices.
This impressive achievement aligns with Venator’s broader
sustainability strategy, which is built on four key pillars: People, Planet,
Product and Performance. The company is committed to fostering a safe and
inclusive workplace, reducing its environmental footprint, driving innovation
in sustainable products and providing consistent and accurate performance data.
Dr. Rob Portsmouth, Executive Vice President, Sustainability, EHS
and HR at Venator, said: “I am delighted that Venator has again been awarded a
Gold Medal in the EcoVadis sustainability ratings. Even more encouraging
is that we have increased our overall score compared to the previous
year. This is a testament to the significant work put in by our
teams to improve our ratings in key areas. We have seen very substantial
improvements in our Ethics and Sustainable Procurement assessments, which have
contributed to our overall performance. Thanks to everyone who has contributed
to the achievement of this exciting milestone.”
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About Venator
Venator is a global
manufacturer and marketer of chemical products that comprise a broad range of
pigments and additives that bring color and vibrancy to buildings, protect and
extend product life, and reduce energy consumption. We market our products globally
to a diversified group of industrial customers through two segments: Titanium
Dioxide, which consists of our TiO2 business, and Performance Additives, which
consists of our functional additives, color pigments and timber treatment
businesses. Based in Wynyard, U.K., Venator employs approximately 2,700
associates and sells its products in more than 109 countries.
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For more information about Venator visit www.venatorcorp.com
Cautionary Statement Concerning Forward-Looking Statements
Certain statements contained in this communication constitute
“forward looking statements”, including statements regarding our environmental
goals, commitments, strategies and related business and stakeholder impacts.
These forward-looking statements represent Venator’s expectations or beliefs
concerning future events, and it is possible that the expected results
described in this communication will not be achieved or will be materially
different than as described. These forward-looking statements are subject to
risks, uncertainties and other factors, many of which are outside of Venator’s
control, that could cause actual results to differ materially from the results
discussed in the forward-looking statements. These risks and uncertainties
include, without limitation, any failure to meet stated environmental goals and
commitments, and our ability to execute our strategies in the time frame
expected or at all, global sociodemographic and economic trends, changing
government laws and regulations, technological innovations, climate-related
conditions and weather events, our ability to gather and verify data regarding
environmental impacts, the compliance of various third parties with our
policies and procedures, and our expansion into new products and geographic
regions. Any forward-looking statement speaks only as of the date on which it
is made, and, except as required by law or regulation, Venator does not
undertake any obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise. New factors
emerge from time to time, and it is not possible for Venator to predict all
such factors. Moreover, many of the assumptions, standards, metrics, and
measurements related to the information in this press release continue to
evolve and are based on assumptions believed to be reasonable at the time of
preparation, but should not be considered guarantees. Given the inherent
uncertainty of the estimates, assumptions, and timelines related to the
information in this press release, we may not be able to anticipate whether or
the degree to which we will be able to meet our plans, targets, or goals in
advance.
