Henkel 2023 Sustainability Report: Trusted Partner

We are committed to product quality and safety while ensuring business success with integrity.

Originally published in the Henkel 2023 Sustainability Report

NORTHAMPTON, MA / ACCESSWIRE / July 31, 2024 / We draw on our value-oriented corporate culture and our scientific and technological expertise to strengthen our performance while maintaining our integrity. We deliver safe and best-in-class product and technology solutions to our customers and consumers. We integrate sustainability into our portfolio and our business processes, and we provide transparent reporting about this to our stakeholders.

Performance

With our wide range of product solutions and technologies, we aim to support economic, environmental and social transformation - and to drive it forward together with our partners. This will make it possible for us to contribute effectively to sustainable development both locally and globally, and to shape our business responsibly while increasing our economic success. To achieve this, we must offer our customers and consumers reliable, best-in-class product quality and safety.

It is our continuous ambition that each new product contributes to sustainability. We also intend to provide our customers and consumers with a comprehensive sustainability profile of our products by 2025. We aim to measure sustainable transformation with respect to our product portfolio and our company. Our target for 2030 for the entire company is to triple the value we create for the environmental footprint made by our operations, products and services (compared to the base year 2010). We call this target to become three times more efficient "Factor 3." The increase in efficiency results from the ratio of revenue per sales volume relative to the environmental footprint per production volume. The three dimensions of the environmental footprint - CO2 emissions, waste and water - are equally weighted. In 2023, we increased revenue per sales volume by 51 percent compared to our base year of 2010. In addition, we reduced CO2 emissions by 61 percent per ton of product, used 24 percent less water and generated 38 percent less production waste compared to our base year of 2010. On average, we were able to reduce the environmental footprint across these three dimensions by 41 percent. The increase in efficiency totaled 156 percent in 2023.