Westlake is committed to acting in a safe, ethical, environmentally, and socially responsible manner in everything we do. For us, this means being true to our company's longstanding values and focusing on what matters most.
"Our continued focus on Environmental, Sustainability and Governance (ESG) activities led us to make significant improvements in our operational and supply chain processes for the betterment of our communities, where our people live and work, and where our products serve vital and valued purposes."
-Albert Chao, CEO of Westlake
At Westlake, we aspire to continuously improve our ESG journey. We are proud of our accomplishments so far but are also committed to doing more each year to support and enhance the planet, our people, and our communities worldwide.
ESG Report & Appendix
To further our commitment to transparency, we published Westlake's fifth annual Environment, Social and Governance (ESG) report, which brings together existing and new disclosures. The ESG report includes Westlake’s fifth annual sustainability update and demonstrates how ESG practices are integrated throughout the corporation’s core business activities. The report highlights Westlake’s drive to improve sustainable practices across operations, products, and in management; maintain strong engagement in its communities; and deliver on customers’ expectations for sustainable innovate products.
In this 2021 report, Westlake reported both to the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) Appendix concurrently, as the company enhances its data reporting systems and reinforces its commitment to transparency.
Westlake's Five Pillars of ESG and Material Topics
Our materiality assessment identified 14 ESG topics as particular areas of focus for our company and our stakeholders. We consider these top 14 material topics and our related efforts under our five ESG pillars.
- Climate change + energy
- Cyber security
- Competitiveness and reliability
- Ethics and compliance
- Air quality
- Environmental compliance
- Waste and circular economy
- Water and Effluent
- Product safety + stewardship
- Process safety and emergency response
- Diversity + inclusion
- Health and safety
- Community engagement + impact management
- Value generation and distribution