April 20, 2023
FOR IMMEDIATE RELEASE
The comprehensive Solenis sustainability report highlights the company’s progress toward environmental stewardship, social responsibility and governance (ESG) goals.
WILMINGTON, Del. (USA) — Solenis, a leading global producer of specialty chemicals used in water-intensive industries, has released its 2022 Sustainability Report, summarizing the company’s environmental stewardship, social responsibility and governance (ESG) initiatives for the previous fiscal year. The report — Solenis’ third annual report and first as a Platinum Equity-owned company — is available for download at www.solenis.com/en/sustainabilityreport.
“2022 was an outstanding year for Solenis,” said CEO John Panichella. “By maintaining our focus on people, performance and results, we are continuing to reach significant achievements. Last year, we posted Solenis’ third consecutive year of double-digit earnings growth; our best safety performance ever; our second Platinum rating from EcoVadis; improvements in diversity, equity and inclusion; and our highest-ever employee satisfaction rate.”
“As our company grows and strengthens, so too do our sustainability initiatives,” said Chief Sustainability Officer Lotta Kanto Oeqvist. “At Solenis, not only are we making strong progress toward our own sustainability goals, we support the communities around our sites and help our customers reach their sustainability targets. This most recent report provides a heightened amount of disclosure and transparency to match those increased efforts.”
The 2022 report is based on the new Global Reporting Initiative (GRI) Universal Standards, which were published in October 2021 for use in reports published beginning Jan. 1, 2023. The Solenis report has been externally validated by an independent certification agency. Important highlights include:
“Sustainability has been a part of Solenis’ DNA from the beginning,” said Panichella. “It is inherent in our business simply by virtue of what we do: we improve water quality. We have our challenges and obstacles. But I’m proud of our accomplishments to date. I know that the quality of our people and our culture — supported by a strong management framework — will enable us to not only meet but exceed our objectives.”
To read the 2022 Solenis Sustainability Report and to learn more about the company’s roadmap for sustainability, visit www.solenis.com/en/sustainability/sustainability-roadmap.
1Calculated by multiplying the total number of incidents that meet the criteria of being recordable by the U.S. Occupational Safety and Health Administration (OSHA) in one year by 200,000 hours and divided by the total number of hours worked by all employees.
2Scope definitions according to the Greenhouse Gas Protocol as promulgated by the Greenhouse Gas Protocol Initiative.
3Global gender diversity plus U.S. race/ethnicity diversity.
4From a 2018 baseline.
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Vice President, Corporate Communications