Our long-term strategy to maintain stakeholder value is dependent on our ability to ensure that we operate our business in a safe, ethical, environmentally and socially responsible manner.
Westlake is pleased to make available to investors, employees, suppliers and customers our 2019 Sustainability Report. To view the report, click HERE. To view Westlake's 2018 Sustainability Report, click HERE. To view Westlake's 2017 Sustainability Report, click HERE.
IN THE NEWS
Westlake’s European Subsidiary, Vinnolit, to offer caustic soda with reduced CO2 footprint
Vinnolit, a Westlake company, will launch climate-friendly "green” caustic soda in 2021. This product will enable customers to reduce their own carbon footprint and in turn develop more climate-friendly products.
To read more, click HERE.
Westlake Receives +Vantage Vinyl Reverification
Westlake recently received the +Vantage Vinyl™ reverification, an industry-wide sustainability initiative sponsored by the Vinyl Sustainability Council (VSC), part of the Vinyl Institute (VI), and supported by the vinyl product associations.
+Vantage Vinyl promotes the sustainability of the vinyl industry across three impact categories: 1. Landfill Diversion, 2. Health & Safety, and 3. Emissions. For a company to showcase the +Vantage Vinyl mark, it must have undergone verification by an independent, third-party to confirm a company’s activities in each of the three impact categories.
Some of Westlake’s activities included sharing energy efficiency and greenhouse gas emission data, and sharing philanthropic and employee participation through our community activities in our sustainability report. Westlake published its 2019 Sustainability Report in September of this past year, and it can be viewed HERE. Also, several of Westlake’s facilities have received the ISO 14001 standard, with the goal remaining that all Westlake North American chemical facilities will receive this certification in the coming few years.
To learn more about this initiative, you can view its website at www.vantagevinyl.com.
Alliance Releases its 2020 Progress Report
During the assessment, EcoVadis assesses the company's activities in the areas of environmental protection, working conditions and human rights, ethics, and sustainable procurement using 21 criteria based on international sustainability standards such as the United Nations Global Compact, the Global Reporting Initiative (GRI), and ISO 26000. Scoring 68 out of 100 possible points in the assessment, Vinnolit ranks significantly above the industrial average and is in the fourth percentile of the best chemical companies worldwide that have been audited by EcoVadis.
Also, Westlake began the process of having its US chemical sites evaluated by EcoVadis as well. After its first evaluation, Westlake's U.S. chemicals operations received a bronze rating, placing above average and in the 50th percentile of evaluated companies. EcoVadis describes companies with a bronze rating as having a "structured and proactive CSR approach with engagements/policies and tangible actions on major issues."
Westlake is a proud member of the following organizations which help to drive sustainable action.
Protecting the Environment
Westlake is committed to the guiding principle of responsible corporate action and sustainable development that combines financial success with social responsibility and responsibility for the environment.
A responsible and sustainable action is firmly anchored in the corporate culture of Westlake and operating in a safe, ethical, environmentally and socially responsible manner.
Lake Charles South Wetlands Planting
To read about the planting of 175 acres of wetlands in Bayou d'Inde, located in Lake Charles, Louisiana, click HERE.