ESG report summary 2024

At allnex, we are committed to sustainability and responsible business practices. Sustainability remains not only a strategic imperative but also a fundamental pillar of our business. Below is a summary of our key achievements from January 1st to December 31st 2023.

1: EcoVadis Platinum award

For the second consecutive year, allnex has achieved the prestigious Platinum rating from EcoVadis in 2023. EcoVadis has raised the score for attaining Platinum. However, thanks to our progress and the hard work of all teams involved, allnex have been able to surpass this new threshold.

2: Scope 3.1 emission reduction

We have set an ambitious target to reduce Scope 3.1 emissions by 30% by 2030, underscoring our commitment to addressing indirect emissions across our

path to net zero

3: Renewable electricity

Aiming for 85% renewable electricity across our operations by 2030, we continue to focus on reducing greenhouse gas emissions with on-site solar and wind projects.

4: ISCC PLUS certification

As of 2023, a total of 7 allnex sites have been certified to ISCC PLUS. These are Bergen op Zoom (NL), Werndorf (AU), Romano d’Ezzelino (IT), Schoonaarde and Drogenbos (BE), Lillwström (NO) as well as Bien Hoa (VNM).

With the ISCC Plus certification, the sites can now certify biobased products using a mass balance approach. They are part of a supply chain that both sources and offers biobased products with third-party oversight.

allnex achieves ISCC PLUS certification

For further details, please download the full ESG report here.

5: Diversity & inclusion

We have almost 4,000 employees stationed in 34 locations. Their diversified talents, backgrounds and capabilities are our greatest treasure – especially in today’s dynamic business environment.

6: Expansion in Asia

The Jiaxing site in China is now allnex’s largest manufacturing facility globally, marking significant growth in the APAC region.

7: Water & waste management

Sites like Changshu (China) and Schoonaarde (Belgium) have implemented innovative water conservation practices, significantly reducing our water usage.

8: Sustainable portfolio management

The ECOWISE™ Portfolio Sustainability Assessment (PSA) framework is driving progress, with 50% of allnex’s business targeted to come from ECOWISE™ labeled products by 2030.

ECOWISE™ assessment completed (%)*

ECOWISE™ portfolio share (%)**

* Fraction of our product portfolio assessed according to the ECOWISE™ methodology (expressed as % of revenue)
** Fraction of our company revenue that is generated from ECOWISE™ labeled products

Download ESG report

As we move forward, we remain committed to advancing our ESG objectives and driving positive change. We will continue to innovate, collaborate, and invest in sustainable practices that benefit not only our business but also the broader community and environment.

If you would like to see allnex annual ESG report in full, then please download the PDF below. Or if you would like any further details on our complete product portfolio, please visit us at www.allnex.com