Sustainability is key to how we succeed in a changing world. Through our One Planet roadmap, we are advancing sustainable chemistry for the good of our customers, society, and the environment.
Syensqo One Planet Roadmap
Sustainability that enables growth
Our approach to sustainability enhances our competitive advantage in the market today while advancing future growth. We are exploring how materials are made, used, and reused. In 2024, over 80% of our innovation pipeline focused on sustainable solutions, as defined by our Sustainable Portfolio Management Framework, delivering value for customers, society, and the environment.
We are also advancing the circular economy. In 2024, 16% of Syensqo’s net sales were generated from bio-based or recycled-based products or products designed for durability or reuse. Our goal is to reach 18% by 2030.
Underpinned by megatrends such as electrification and resource efficiency, we are helping customers reduce their environmental footprint and enhance performance. In 2024, 63% of our net sales were derived from sustainable solutions, including lightweighting technology to lower fuel consumption in aerospace, critical enablers of EV-batteries and electrification in automotive, and consumer care products based on natural origins.
Our long-term success also depends on the health of environmental and social systems around us. By reducing our environmental footprint, protecting our workforce, and effectively managing risks, we are building a stronger, more efficient and resilient company ready to face global challenges.
At Syensqo, we see sustainability as a strategic advantage. Our One Planet roadmap drives efficiency, reduces risk, and keeps us ahead of evolving expectations. Long-term success depends on being both profitable and sustainable, and we’re committed to building a business that delivers today and remains competitive in the future.
One Planet. Four priorities.
Our One Planet roadmap embeds sustainability in the way we operate, innovate, and grow.
Climate
Carbon neutrality in our own operations; Enable decarbonization across the value chain; Build resilience to physical risks
Governance: ensuring transparency and accountability
Our Environmental, Social, and Governance (ESG) Board Committee oversees our sustainability commitments and monitors progress toward our goals. By linking sustainability performance to remuneration, we are aligning our internal incentives with the long-term interests of our stakeholders and embedding accountability across the organization..
We follow the Ten Principles of the UN Global Compact to further promote a culture of integrity and align our actions to human and ecosystem wellbeing.
In 2024, we received the following sustainability ratings. Several ratings were conducted during Syensqo's first year, while some policies and data were still being developed and could not be taken into account. We anticipate a CDP (formally Carbon Disclosure Project) rating in July 2025.
[1] Reduce scope 1 and 2 emissions by at least 80% from 2021 baseline and compensate residual emissions with high-integrity carbon credits in line with UN High Level Expert Group recommendations. [2] Reference year is 2021 [3] Focus 5 categories of Scope 3 emissions: (a) purchased goods and services (b) fuel-and energy-related activities (c) processing of sold products (d) use of sold products and (e) end-of-life treatment of sold products [4] Based on Ellen MacArthur Foundation Circulytics methodology [5] As defined in Syensqo’s Sustainable Portfolio Management Guide. [6] Reportable Injuries and Illnesses per 200,000 work hours. [7] Based on Wage Indicator Foundation methodology, analysing wages in the 13 countries with the highest number of employees (representing >95% of employees)
Thanks to Syensqo One Planet, our holistic sustainability roadmap, we’ve significantly reduced greenhouse gas emissions (GHG), embraced internal carbon pricing, and implemented numerous energy transition projects in our sites worldwide, putting us well on track to reach carbon neutrality by 2040.
