Westlake Sustainability Efforts
Westlake Publishes 2022 ESG Report
Westlake recently released its 2022 Environmental, Social and Governance (ESG) report, which marks the company’s sixth annual update on sustainability advances and initiatives in products and operations. This year, the report includes certain metrics established by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB). Further, in the fourth quarter of 2022, Westlake performed a Task Force on Climate-Related Disclosures (TCFD) Gap Assessment, and the 2022 ESG report includes the company’s first TCFD disclosures, thus laying the groundwork to work toward reporting against the TCFD standards.
The report provides progress on the company’s goal to reduce carbon intensity in operations. It also includes five new ESG goals – for water, health & safety, community engagement, diversity & inclusion, and circular economy.
Further information and the 2022 ESG Report be found in the Westlake website section on Environmental, Social and Governance (ESG).