As Birla Carbon celebrates 10 years of commitment to sustainable practices, our decade of chronicling sustainability deserves a special mention in this report – On the Road to Net Zero
- Records progress towards its Net Zero target
- Marks a Decade of Sustainability Reporting as a carbon black leader
- Achieved a Platinum rating by EcoVadis for sustainable practices
Mumbai, India & Marietta, USA: Birla Carbon, one of the leading manufacturers and suppliers of high-quality carbon black solutions, today released its 10th annual sustainability report titled – On the Road to Net Zero. The 2022 report focuses on its net zero aspiration by 2050, the significant progress with Continua™ Sustainable Carbonaceous Materials (SCM), and the role of Birla Carbon in contributing to a decade of sustainability engagement and accomplishment.
John Loudermilk, Chief Executive Officer, Birla Carbon, said, “At Birla Carbon, sustainability and innovation are integral pillars that define success. We leverage every aspect to ensure the future of our business, customers, communities, and the world is sustainable. This has been recently reflected in our Platinum rating by EcoVadis for sustainable business practices. From a business standpoint, innovation is going to be the mainstay of everything we do at Birla Carbon. We recognize the risks and rewards of our innovative past; learn how to future-focus today’s passions and perspectives towards a better tomorrow, and find inspiration to journey together into the unknown.”
He further added, “As Birla Carbon celebrates 10 years of commitment to sustainable practices, our decade of chronicling sustainability deserves a special mention in this report – On the Road to Net Zero.”
Joe Gaynor, Chief Legal, Sustainability, and Risk Officer, Birla Carbon, said, “Sustainability for Birla Carbon began long before our first official sustainability report in 2013. In the last 10 years, we have aligned our activities to our business vision to be the most respected, sustainable, and dynamic global carbon black leader. We have made efforts and taken bold steps to cement our position in the market as a preferred sustainable partner for our customers. This, for us, is our real achievement. We believe in providing value to our customers primarily by developing innovative products that benefit our common value chains; constantly strive to make our operations more sustainable so that we minimize our environmental footprint; and ultimately, give back to the communities and the society in which we operate.”
Key Highlights of the report –
- EcoVadis platinum rating for sustainable business practices
- 67% of waste repurposed, includes recycling, reuse, and recovery
- Refinancing existing debts through a US$750 million loan linked to sustainability performance
- Only carbon black multinational to receive IATF certification across all its manufacturing sites
The 2022 report states the various targets Birla Carbon has achieved during the year to fulfill its sustainability goals and establish its leadership in the industry for the years to come.
