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Henkel releases 2021 Sustainability Report and new 2030+ Sustainable Development Goal Framework
· Strong sustainability performance in 2021 with further improvement in key areas;
· Evolving Sustainable Development Strategy: 2030+ Sustainable Development Goals Framework;
· Proposing new targets, including moving forward from 2040 to 2030 the goal of achieving climate-friendly production processes
.
Recently, Henkel released its 31st Sustainability Report, detailing the company's achievements and progress in the field of sustainable development in 2021, as well as an overview of the new 2030+ Sustainable Development Goals framework
.
Figure: Henkel released the 31st issue of "Sustainability Report"
Carsten Knobel, CEO of Henkel, said: “Sustainability is deeply rooted in Henkel’s DNA and is an integral part of our development
.
As important as innovation and digitalization strategies, it is possible to Sustainability is at the heart of Henkel's strategic agenda for purposeful growth
.
As one of our values, sustainability is reflected in our corporate purpose, Pioneers at heart for the good of generations
.
Driven by an ambitious sustainability strategy , we will accelerate the transformation and make the company's business portfolio and operating processes more robust and sustainable
.
"
“Over the past year, the COVID-19 pandemic has continued to test our resilience as a company, as individuals and as a community
.
This has made Henkel even more explicit about its commitment to addressing environmental, social and political challenges
.
Although the environment Challenging, but I am proud that in 2021 Henkel is still making real progress in its sustainability in key areas such as climate protection and the circular economy
.
" Sear, Member of the Henkel Management Board responsible for Human Resources and Sustainability Sylvie Nicol added
.
Great results in a challenging year
Great results in a challenging yearIn 2021, Henkel will further implement the sustainable development strategy in business development, reduce carbon dioxide emissions in the production process (especially through the conversion of green electricity), and make further progress in sustainable raw material procurement and sustainable finance
.
Henkel plans to reduce the carbon footprint of its production processes by 65% by 2025 (base year 2010)
.
By the end of 2021, Henkel has already reduced the CO2 footprint of its production process by 50%
.
To achieve this goal, the company focuses on improving energy efficiency and plans to achieve 100% renewable energy supply by 2030
.
By the end of 2021, Henkel has achieved 100% renewable energy supply in 21 countries, including Colombia and France
.
Today, Henkel's renewable electricity usage rate has reached 68%
.
In addition, Henkel is actively working to build a true circular economy, working with partners along the value chain to advance international initiatives such as the Plastic Bank and Ellen MacArthur Foundation's A New Plastics Economy Global Commitment
.
Henkel's sustainable packaging strategy aims to reduce recycling and reduce the use of packaging materials, preventing them from polluting the environment
.
One of the prominent goals is to achieve 100% recyclable or reusable packaging materials for Henkel by 2025
.
By the end of 2021, that ratio had reached about 86%
.
Henkel is also working to increase the share of recycled plastics in global consumer packaging to more than 30% by 2025
.
By the end of 2021, that percentage had risen to about 18%
.
Another important milestone was the unveiling of Henkel's new sustainable finance framework, which creates a direct link between sustainability strategy and funding strategy
.
The framework includes two possible forms of financing: issuing sustainability-related bonds or issuing green bonds
.
In 2021, Henkel has already issued two tranches of bonds under the terms of the framework, becoming the first company in the industry to issue Eurobonds with interest rates linked to the achievement of specific Sustainable Development Goals
.
In total, Henkel has issued more than 700 million euros in bonds
.
Advancing ambitious goals through the 2030+ Sustainable Development Goals framework
Advancing ambitious goals through the 2030+ Sustainable Development Goals frameworkThese achievements are in line with Henkel's long-term strategic goals set in 2010
.
In 2021, after a decade of successfully driving sustainability progress, Henkel took a look at external developments, as well as expectations for the company's strategy and future goals
.
The result is a new 2030+ Sustainable Development Goals framework, which includes additional new long-term ambitions to help economies and societies become sustainable
.
Henkel's 2030+ Sustainable Development Goals framework includes three aspects:
Henkel's 2030+ Sustainable Development Goals framework includes three aspects:· Regenerating Planet: Supported by science and innovation, transforming businesses, products and raw materials for a circular economy and a zero-carbon future
.
· Prosperous Communities: Helping people lead better lives by harnessing the collective power of businesses and brands to advance equality, education and social well-being
.
· Trusted Partner: Drives performance and system change with integrity through a values-based culture, deep science, and passion for technology
.
"As Henkel becomes more engaged in environmental, social and corporate governance (ESG) topics, we want to ensure that the goals under the new framework are aligned with the expectations of our stakeholders on these topics
.
" Henkel Chief Sustainability Officer Ulrike Sapiro said, “Henkel looks at how to make the company go further, move faster and be bolder, and one of the key takeaways is making production processes climate-friendly.
The target realization time has been advanced from 2040 to 2030.
”
Major new goals include:
Major new goals include:Achieving climate-friendly operations by 2030 and aiming to set a zero-carbon pathway for Scope 3 emissions (from source to shelf), in line with the requirements of the Science Based Targets initiative
Increase the recycling of water and production waste at production sites by 2030 to promote resource recycling
· Achieve gender parity at all management levels by 2025
· Expanding community education programs and volunteering
Shape the future of work for the company and its employees by further developing and expanding the “Smart Office” project launched in 2021
.
Ulrike Sapino added: “We understand that the world around us, the expectations of our stakeholders and the opportunities to advance sustainable development are constantly changing
.
Because of this, we need to regularly review our The 2030+ Sustainable Development Goals framework, and continuously update the specific goals
.
”