Balchem Corporation Releases 2023 Sustainability Report
22 Abril 2024 - 6:00AM
Balchem Corporation (NASDAQ: BCPC) today published its 2023
Sustainability Report, highlighting the Company's Corporate Social
Responsibility initiatives and accomplishments.
Guided by our core values and our vision of
making the world a healthier place, our Sustainability Report
demonstrates the Company's continuing promise to provide our
employees, customers, shareholders and the communities within which
we operate with information on Balchem’s sustainability
initiatives.
“I am very pleased with the progress Balchem
continues to make in advancing our sustainability efforts, as
detailed in our 2023 Sustainability Report,” said Ted Harris,
Chairman, President, and Chief Executive Officer. “Our performance,
notably on our 2030 goals to reduce both greenhouse gas emissions
and water usage by 25 percent, shows are commitment to our two main
objectives: providing innovative solutions for the health and
nutritional needs of the world and operating with excellence as
strong stewards of our people, communities, and shareholders.”
Highlights of the report include:
- Balchem
celebrated the third anniversary of our commitment to the United
Nations (“UN”) Global Compact confirming our alignment with the Ten
Principles on human rights, labor, the environment, and
anti-corruption.
- Balchem reported
Scope 1, Scope 2, and Scope 3 GHG emissions for 2023 which
represents the first time that we are reporting our measured Scope
3 emissions.
- In 2023, Balchem
exceeded our 2030 GHG emissions reduction goal of 25%, as we
achieved a 32% improvement over our 2020 baseline.
- We remain on
track to achieve our commitment to reduce water usage by 25%. In
2023, Balchem reduced its water withdrawal by 8% compared to our
2020 baseline.
- We progressed
our strategic plan to advance diversity, equity, inclusion, and
belonging at Balchem, and remain committed to fostering a diverse
and inclusive culture.
- Our continuous
improvements, progress and focus on employee safety and product
quality.
- Fully integrated
the two key strategic acquisitions of Kappa Bioscience AS, a
leading science-based manufacturer of specialty vitamin K2, and
Bergstrom Nutrition, a leading science-based manufacturer of
methylsulfonylmethane, or MSM.
- We are pleased
that Newsweek magazine named Balchem one of America’s Most
Responsible Companies for the fourth consecutive year, in
recognition of our Environmental, Social and Governance efforts,
and our unwavering commitment to make the world a healthier
place.
For more information visit
balchem.com/sustainability
About Balchem Corporation
Balchem Corporation develops, manufactures and
markets specialty ingredients that improve and enhance the health
and well-being of life on the planet, providing state-of-the-art
solutions and the finest quality products for a range of industries
worldwide. The company reports three business segments: Human
Nutrition & Health; Animal Nutrition & Health; and
Specialty Products. The Human Nutrition & Health segment
delivers customized food and beverage ingredient systems, as well
as key nutrients into a variety of applications across the food,
supplement and pharmaceutical industries. The Animal Nutrition
& Health segment manufactures and supplies products to numerous
animal health markets. Through Specialty Products, Balchem provides
specialty-packaged chemicals for use in healthcare and other
industries, and also provides chelated minerals to the
micronutrient agricultural market.
Contact: |
Denis Sangulin, Balchem Corporation(845) 326-5600 /
sustainability@balchem.com |
Balchem (NASDAQ:BCPC)
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