Bakelite Synthetics Releases 2024 Sustainability Update

The 2024 Bakelite Sustainability Update Details 2024 Achievements, Outlines 2025 Initiatives and Long-term Future Goals and Strategies

Bakelite Synthetics (“the Company”) today released its 2024 Sustainability Update, highlighting significant strides in environmental, social, and governance performance. The report outlines the company’s progress toward its 2030 sustainability goals, including key metrics, innovative product developments, and global initiatives that support the United Nations Global Compact and Sustainable Development Goals.

JP Aucoin, President and CEO of Bakelite, emphasized the company’s commitment to sustainable growth:

“Our 2024 Sustainability Update reflects meaningful progress toward our 2030 sustainability goals, showcasing innovations in environmental stewardship, social responsibility, and governance. From reducing greenhouse gas emissions to empowering our global communities, we’re proud to be building a more sustainable future for our company and our planet.”

Andrea Croslyn, Executive Vice President, Sustainability and Business Processes, highlighted the role of Bakelite’s global teams in driving progress:

“Our teams around the world are leading the way, innovating, collaborating, and taking action to embed sustainability into every aspect of our operations. Their dedication and creativity are the driving force behind the progress we’ve made and the ambitious goals we’ve set for 2030. This report is a reflection of their hard work and our shared commitment to a better future.”

Highlights from the 2024 Sustainability Update include:

General Highlights

• Progress on our 2030 sustainability goals and metrics, including corporate action and performance related to the Ten Principles of the UN Global Compact and the Sustainable Development Goals
• Recent sustainability recognition, including winning the 2024 Engineered Wood Technology Association (EWTA) Supplier of the Year Award, being included in published case studies and magazines, and winning the 2023 Pinnacle Award from Union Pacific Railroad

Environmental Highlights

• An overview of our greenhouse gas inventory
• Noteworthy global projects in the energy, water and waste spaces
• Innovative sustainable product developments

Social Highlights

• Advances and achievements in occupational health and safety
• Community engagement across our global locations
• An update on the first full year of the Bakelite Women’s Network

Governance Highlights

An overview of various achievements, including earning the American Chemistry Council’s Responsible Care® certification for all our sites in the United States, as well as International Sustainability and Carbon Certification (ISCC Plus) for our Botlek site.

Looking Ahead: 2025 and Beyond

We are incredibly proud of the organization we’re building at Bakelite and the promising future ahead. As we advance toward our 2030 sustainability goals, we’ve made meaningful progress across every area of focus. We remain committed to pushing ourselves further. From environmental stewardship and the evolution of our product portfolio to strengthening our metrics, governance, and the health and safety of our associates, we are taking deliberate steps each day on our sustainability journey.

To learn more about our broader efforts and ongoing goals, visit the Bakelite Sustainability page.

About Bakelite Synthetics

Based in Atlanta, Georgia, Bakelite Synthetics is a leading global integrated producer of thermoset specialty resins, solutions and engineered thermoset molding compounds serving a variety of segments and end markets across geographies. Additional information about Bakelite Synthetics and its products is available at bakelite.com.

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Our 2024 Sustainability Update reflects meaningful progress toward our 2030 sustainability goals, showcasing innovations in environmental stewardship, social responsibility, and governance.