1. Quaker Houghton released its 2024 Sustainability Report highlighting key achievements. 2. The company reduced Scope 2 greenhouse gas emissions by 7% from 2023 levels. 3. They eliminated over 23,000 metric tons of waste in 2024 at partner locations. 4. 76% of electricity sourced from renewable or zero carbon sources. 5. Achieved EcoVadis Silver Award for sustainability efforts.
The report's focus on sustainability and substantial waste reduction can attract green investors, strengthening KWR's market position. Historically, firms with strong sustainability practices often see long-term stock appreciation due to increased investor confidence.
The report's findings underscore Quaker Houghton’s strategic direction and competitiveness, indicating a positive outlook that generally aligns with market trends favoring environmentally responsible companies.
Sustainability initiatives generally take time to show tangible financial results but can lead to lasting positive brand impact and potentially higher revenues over the long term, as seen in companies like Unilever.