ENVIRONMENTAL GOALS

Environmental Goals

Operationalizing Sustainability

Operating sustainably is about Making Life Better for our communities where we operate and the planet we share while creating value for our stakeholders. We take seriously our responsibility to minimize energy, water and waste impacts by defining, accelerating and scaling sustainability performance in all of our locations through the rigor and discipline of IRX. Site-based Green Excellence Teams play a critical role in this process, where Champions own the energy, water and waste pillars and have the responsibility to identify and implement improvements that play a vital role in achieving our environmental operational goals.

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Our GreenX Pillars:

  • Compressed Air 
  • Water 
  • HVAC and Lighting 
  • Waste 
  • Startup/Shutdown 
  • Manufacturing Efficiency Processes

2030 and 2050 Environmental Goals1,2

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Air

Lowering Emissions and Investing in Renewable Energy

  • Reduce GHG emissions by 60% in our operations (Scope 1 and Scope 2) by 2030
  • Realize net-zero greenhouse gas (GHG) emissions in our operations by 2050
  • 100% renewable energy in our operations by 2050
    • Transition our operations to 100% renewable energy through multiple channels, including producing it ourselves (e.g. solar panels on our buildings, investing in green energy projects and purchasing renewable energy through power purchase agreements (direct or virtual)).
  • Reduce customer GHG impacts >15% from IR products (Scope 3) by 2030

Operations GHG Emission Reduction Roadmap Metric Tons (MT) 2030 Goal: 60% Scope 1 and 2 Reduction (from 2020 recalculated baseline)

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Our progress to goal 1,2:

Target: Reduce Absolute GHG Emissions 60% (Scope 1 and 2) by 2030

Absolute Progress Since 2020:

Reduction of 17,233 metric tons (16.3%) representing 27% of our 2030 goal

Intensity Progress Since 2020:

Reduction of 9.4 metric tons CO2 e/revenue in millions USD, representing a 38.5% GHG Intensity Reduction

Water

Reducing and Conserving Water Usage

  • 17% water use reduction in our operations by 2030
  • By 2030, eliminate, reduce or recycle >1 billion gallons of water annually in our customers’ processes and applications through the use of our products

Operations Water Reduction Roadmap Gallons 2030 Goal: 17% Reduction (from 2020 baseline)

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Our progress to goal 1,2:

Target: Reduce Absolute Annual Water use by 17% by 2030

Absolute Progress Since 2020:

Reduction of 8.7 million gallons (6.1%) representing 36% of our 2030 goal

Intensity Progress Since 2020:

Reduction of 10.2K gallons/revenue in millions USD, representing a 31% Water Intensity Reduction

Land

Producing Less Waste and Reducing the Amount Sent to Landfill

We are committed to eliminating the impact of waste on the environment and are pursuing a wide range of waste reduction and recycling programs at our sites around the world.

  • Achieve zero waste to landfill at >50% of current sites by 2030

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Our progress to goal 1,2:

Target: >50% of In-Scope Sites Zero Waste to Landfill by 2030

Absolute Progress Since 2020: Increase of 25 sites (13%), representing 68% of our 2030 goal

Read our 2030-2050 Environmental News
Environmental, Social and Governance Focus 

 

 

Footnotes:

1.2 - In 2022, our 2020 base year was recalculated for all environmental metrics in accordance with the GHG Protocol Corporate Accounting and Reporting  Standard Revised Edition, January 2005, World  Resources Institute. This recalculation included  the locations acquired in 2021 and adjusted for data errors. All subsequent years after the base year were calculated in conformance with this method. Excluded from the most recent base year recalculation are the locations acquired in 2022 that lack  12 months of data in our Environmental Management System pursuant to our standard work as allowed  for under the GHG Protocol. Revenue from 2022 acquisitions has been included  in the intensity calculations as it represents an  immaterial amount. 2 Whole values and percent variances represent the change between 2022 and the recalculated 2020 baseline year. Footnotes 1 and 2 apply to all 2030 and 2050  operational goals in this report.

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