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On March 8, Westlake Chemical announced that the European business of Westlake Epoxy has received a platinum rating from EcoVadis
.
EcoVadis is the world's largest and most trusted provider of corporate sustainability ratings, their highest rating for environmental and social performance
.
EcoVadis, the globally recognized sustainability rating agency, has improved the epoxy resin business's score from its previous silver rating to platinum
.
Westlake Epoxy received the agency's highest rating for environmental and social performance, placing it in the top 1 percent of EcoVadis-assessed companies
.
The EcoVadis approach assesses the quality of Hexion BV's Sustainability Management System through policies, actions and results, focusing on 21 issues grouped into four themes - Environment, Labour and Human Rights, Ethics and Sustainable Sourcing
.
Westlake Epoxy is a leading global producer of epoxy resins, modifiers and curing agents for high performance materials, coatings and composites
.
It recently completed the acquisition of the Hexion epoxy business, a leading supplier of coatings and composites for high-growth applications such as wind turbine blades and lightweight automotive structural components
.
"This milestone underscores how and where we want to grow - operational and environmental excellence, and focus on delivering value across the business, including the energy transition," said Larry Schubert, Vice President, Corporate Development and Sustainability at Westlake
.
"Our customers recognize the epoxy resin business's consistently strong performance in sustainability, and now with this high ranking, global stakeholders will too
.
"
"This achievement is driven by our continuous improvement in reducing our carbon footprint and meeting our sustainability goals," said Ann Frederix, vice president of Westlake Epoxies
.
"I would like to especially thank our R&D colleagues who have been instrumental in product development.
Actively introducing sustainability standards, and all of our colleagues, whose expert contributions are critical to advancing our sustainability program
.
"