Ascend highlights 2030 Vision progress in 2022 sustainability report

June 21, 2023

Ascend Performance Materials has made significant progress against its 2030 Vision, a set of nine targets that span the three pillars of the company’s sustainability strategy. The company published its progress in its 2022 sustainability report, Advancing for All.

“Our annual sustainability reports offer us a moment to recognize and celebrate the tremendous efforts of our people,” said Chris Johnson, Ascend’s senior director of sustainability. “As a company, we are focused on making progress across our business to benefit our people, our customers and our communities. That’s what sustainability means to us.”

Among the progress the company made:

• Supplier sustainability assessments went from 5% to 56% (goal 95%)
• Waste reductions went from 20% to 37% (goal 40%)
• Renewable energy use went from 20% to 26% (goal >90%)
• Ascend Cares participation went from 50% to 62% (goal 100%)

Furthermore, Ascend achieved a 64% reduction in scope 1 greenhouse gas emissions and moved their goal from an 80% reduction to 90%. Ascend participates in a voluntary carbon market to monetize a portion of the emissions reductions and reinvests the proceeds in other sustainability initiatives.

“In our first report, we said we wanted to lead the industry in sustainability,” said Phil McDivitt, Ascend’s president and CEO. “Sustainability has evolved from a goal to being embedded in nearly every decision we make. This shows me that we are on the right track, and I continue to be proud of the work we are doing to advance our sustainability goals every year."

You can learn more about Ascend’s efforts in sustainability and the company’s 2030 Vision by visiting ascendmaterials.com/sustainability.