Robust, transparent data underpins the progress we make across all pillars of our sustainability strategy. Demonstrating that progress through globally recognized standards helps us build trust and benchmark our performance year on year.
This report marks the second consecutive year of several important achievements: We maintained our EcoVadis Gold rating, submitted our second Communication on Progress to the UN Global Compact, and continued reporting in accordance with the GRI Standards.
EcoVadis
EcoVadis is a globally recognized platform that evaluates companies on their environmental, social, and ethical performance. Covering areas such as labor and human rights, ethics, environmental impact, and sustainable procurement, it provides an independent benchmark for how businesses manage sustainability across their operations and supply chains
For Venator, EcoVadis is an important tool for measuring progress, identifying areas for improvement, and demonstrating our commitment to responsible business practices. The assessment provided by EcoVadis also strengthens supplier relationships, supports regulatory compliance, and drives continuous improvement across our operations.
In 2024, we were proud to achieve a Gold rating from EcoVadis for the second consecutive year, placing Venator in the top 5% of all companies assessed globally, and within the top 3% of the chemical industry. This recognition reflects ongoing improvements across key areas of sustainability, including environment, ethics, labor and human rights, and sustainable procurement.
Our overall EcoVadis score rose to 77, a four-point increase from 2023. The most notable improvement came in sustainable procurement, where our score increased from 50 to 70—one result of our strengthened focus on supplier engagement, compliance, and responsible sourcing. This supports our broader aim to build a more resilient and ethical supply chain in line with our sustainability goals.
We also made significant gains in our ethics rating, reinforcing our efforts to improve governance, transparency, and accountability across the business. These improvements go beyond performance scores and reflect a cultural shift in how we embed sustainability at every level of our operations.
The Gold rating from EcoVadis validates our progress and motivates us to go further. It reflects the commitment of our teams across the organization and underscores our ongoing focus on continuous improvement. Looking ahead, we will maintain our use of tools like EcoVadis to benchmark progress and guide meaningful action across our global value chain.
Climate-related financial disclosures
At Venator, we recognize that climate change is more than a challenge— it’s a strategic priority. As a global business with energy-intensive manufacturing operations, we understand the scale of change required to meet the climate ambitions of our stakeholders and regulators. In 2024, we continued to strengthen our response to climate-related risks and opportunities in line with the UK’s Climate-related Financial Disclosures (CFD) regulations, which are built on the Task Force on Climate-related Financial Disclosures (TCFD) framework.
We’re now in our second year of climate-related risk reporting. Over the past 12 months, we’ve taken tangible steps to integrate climate-related risks into our site-level operations, improve the quality and granularity of our data, and further embed climate considerations into our financial planning and investment decisions. This work supports our ambition to create a more resilient business that can adapt to the physical impacts of climate change while helping to drive the global transition to a lower-carbon economy.
In 2024, we experienced a year of both change and progress.. Operational shifts, including the wind-down of particular sites and a strategic redistribution of production, gave us an opportunity to reassess how and where climate risks are most material to our business. We used these insights to evolve our internal risk procedures, ensuring that each of our sites understands its role in monitoring, managing, and mitigating climate-related risks.
We also saw improvements in our climate-related intensity metrics. While our absolute figures have reduced, we’ve delivered stronger performance relative to output—demonstrating that efficiency and sustainability can go hand in hand. We believe these gains are the result of targeted investments, process innovation, and a shared commitment to doing better across our global operations.
Looking ahead, we’ll continue to sharpen our focus on site-level resilience, decarbonization, and climate scenario planning. We know that climate risk is dynamic, and our approach must evolve accordingly.
