The Company was named to USA Today's List of America's Climate Leaders
for 2023.
DOWNERS
GROVE, Ill., July 10,
2023 /PRNewswire/ -- Univar Solutions Inc. (NYSE:
UNVR) ("Univar Solutions" or "the Company"), a leading global
solutions provider to users of specialty ingredients and chemicals,
announced its recent recognition on the USA TODAY list of America's Climate Leaders.
Developed for USA TODAY by market
research firm Statista, this inaugural list offers a data-driven
recognition of companies that have cut their carbon footprint in
recent years, a noteworthy achievement for investors, customers,
and anyone who is seeking transparency around these still-evolving
measures.
Univar Solutions Recognized for Carbon
Footprint Reduction Targets
The USA Today list was
developed to help cut through the confusion of which companies have
reduced their greenhouse gas emissions. Rankings began with a list
of more than 2,000 United States
based companies with revenue of more than $50 million in 2021. From this initial list, 700
companies were carved out based on the public reporting of
emissions data, making a verifiable ranking possible.
"Receiving such recognition is a testament to our people as we
relentlessly pursue our 2025 Environmental, Social and Governance
(ESG) goals, including further key emissions goals stretching to
2030 in support of a long-term commitment to achieve net-zero
emissions by 2050," said David Jukes
president and chief executive officer at Univar Solutions. "As
a business built on our purpose, we are focused on making a
positive difference to the world around us by helping to keep
people safe, protecting the physical environment, strengthening
social responsibility in the supply chain, and creating a business
where our people can bring their whole, authentic selves to
work."
"I am proud to see how our people have continued to demonstrate
excellence in all we do and to see this recognized externally,"
said Jen McIntyre, chief people
& culture officer and executive ESG lead at Univar Solutions.
"We have continued to drive progress against our Global ESG goals,
helping deliver environmental and social value through our business
and value chain."
"I'm pleased to see our encouraging progress to date on climate
action be recognised in this inaugural listing. Ambitious goals are
important in this space but I'm more proud on the actual emissions
reductions our teams are driving across the business," said
Liam McCarroll, global
sustainability director for Univar Solutions.
For a complete review of Univar Solutions' progress to a more
sustainable future, please see the 2022 sustainability report
at: https://www.univarsolutions.com/esg-resources
For a complete view of America's Climate Leaders, please visit:
https://www.usatoday.com/in-depth/news/nation/2023/05/24/climate-leaders-list-greenhouse-gas-emissions-ranking/70222728007/
About Univar Solutions
Univar Solutions (NYSE: UNVR)
is a leading global specialty chemical and ingredient distributor
representing a premier portfolio from the world's leading
producers. With the industry's largest private transportation fleet
and technical sales force, unparalleled logistics know-how, deep
market and regulatory knowledge, formulation and recipe
development, and leading digital tools, the Company is
well-positioned to offer tailored solutions and value-added
services to a wide range of markets, industries, and applications.
While fulfilling its purpose to help keep communities healthy, fed,
clean and safe, Univar Solutions is committed to helping customers
and suppliers innovate and focus on Growing Together. Learn more
at univarsolutions.com.
About USA
TODAY
USA TODAY is a
multi-platform news and information media company. Founded in 1982,
USA TODAY's mission is to serve as
a forum for better understanding and unity to help make the
USA truly one nation. Through its
unique visual storytelling, USA
TODAY delivers high-quality and engaging content across print,
digital, social and video platforms. An innovator of news and
information, USA TODAY reflects
the pulse of the nation and serves as the host of the American
conversation – today, tomorrow and for decades to follow.
USA TODAY and USATODAY.com reach a
combined seven million readers daily. USA TODAY is a leader in mobile applications
with more than 21 million downloads on mobile devices. USA TODAY is owned by Gannett Co., Inc. Learn
more at https://www.usatoday.com/.
About Statista
Statista is a leading provider of
market and consumer data, offering users access to a vast
collection of statistics and reports across various industries.
Statista is the go-to source for businesses, governments,
academics, and other entities that rely on accurate, reliable data
to make informed decisions. Learn more
at https://www.statista.com/.
Forward-Looking Statements
This press release includes
certain statements relating to future events and our intentions,
beliefs, expectations, and outlook for the future, which are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended, including, without limitation,
statements regarding, the Company's market opportunities, strategic
plan, business objectives, and other initiatives, as well as
statements regarding the expected timing of the completion of the
proposed acquisition of Univar Solutions referred to in this press
release and the ability of the parties to consummate the proposed
transaction. Forward-looking statements are subject to known and
unknown risks and uncertainties, many of which may be beyond the
Company's control. These forward-looking statements are subject to
risks and uncertainties that could cause actual results to differ
materially from the expectations and assumptions. Potential factors
that could affect such forward-looking statements include, among
others: that a condition to the closing of the proposed transaction
may not be satisfied; the occurrence of any event that can give
rise to termination of the proposed transaction; the failure to
obtain certain required regulatory approvals or the failure to
satisfy any of the other closing conditions to the completion of
the proposed transaction within the expected timeframes or at all;
management's time and attention being diverted to issues related to
the proposed transaction; the Company's ability to meet
expectations regarding the timing and completion of the proposed
transaction; disruption from the proposed transaction making it
more difficult to maintain business, contractual and operational
relationships; the institution of legal proceedings against the
Company or the other parties to the proposed transaction and their
affiliates related to the proposed transaction; the Company
becoming unable to retain or hire key personnel due to the proposed
transaction; the announcement of the proposed transaction having a
negative effect on the market price of the Company's common stock
or operating results; certain restrictions during the pendency of
the proposed transaction that may impact the Company's ability to
pursue certain business opportunities or strategic transactions;
the Company's ability to meet expectations regarding the accounting
and tax treatments of the proposed transaction; economic
conditions, particularly fluctuations in industrial production and
consumption and the timing and extent of economic downturns;
significant changes in the business strategies of producers or in
the operations of our customers; delivery failures or hazards and
risks related to our operations and the hazardous materials we
handle; potential inability to obtain adequate insurance coverage;
increased competitive pressures, including as a result of
competitor consolidation; potential supply chain disruptions;
significant changes in the pricing, demand and availability of
chemicals; potential cybersecurity incidents, including security
breaches; our indebtedness, the restrictions imposed by, and costs
associated with, our debt instruments, and our ability to obtain
additional financing; the broad spectrum of laws and regulations
that we are subject to, including extensive environmental, health
and safety laws and regulations and changes in tax laws; an
inability to generate sufficient working capital; transportation
related challenges, including increases in transportation and fuel
costs, changes in our relationship with third party transportation
providers, and ability to attract and retain qualified drivers;
accidents, safety failures, environmental damage, and product
quality issues; ongoing litigation, potential product liability
claims and recalls, and other environmental, legal and regulatory
risks; challenges associated with international operations;
exposure to interest rate and currency fluctuations; an inability
to integrate the business and systems of companies we acquire,
including failure to realize the anticipated benefits of such
acquisitions; possible impairment of goodwill and intangible
assets; our ability to attract or retain a qualified and diverse
workforce; negative developments affecting our pension plans and
multi-employer pensions; labor disruptions associated with the
unionized portion of our workforce; our ability to execute on our
initiatives and goals related to environmental, social, and
governance ("ESG") matters and the increasing legal and regulatory
focus on ESG; the impacts resulting from the conflict in
Ukraine or related geopolitical
tensions; the ability of the Company to successfully recover from a
disaster or other business continuity problem due to a hurricane,
flood, earthquake, terrorist attack, war, conflict, pandemic,
security breach, cyber- attack, power loss, telecommunications
failure, or other natural or man-made event, including the ability
to function remotely during long-term disruptions such as the
COVID-19 pandemic; the impact of public health crises, such as
pandemics (including the COVID-19 pandemic) and epidemics and any
related Company or governmental policies and actions to protect the
health and safety of individuals or governmental policies or
actions to maintain the functioning of national or global economies
and markets, including any quarantine, "shelter in place," "stay at
home," workforce reduction, social distancing, shut down, or
similar actions and policies; actions by third parties, including
government agencies; and the other factors described in the
Company's filings with the SEC. For additional information
concerning factors that could cause actual results and events to
differ materially from those projected herein, please refer to the
Company's Annual Report on Form 10-K for the year ended
December 31, 2022, as well as other
documents filed by the Company with the SEC, including subsequent
Current Reports on Form 8-K and Quarterly Reports on Form 10-Q. In
addition, the Company discusses certain of these risks in greater
detail, and other risks associated with the proposed transaction,
in the definitive proxy statement filed with the SEC on
May 2, 2023. We caution you that the
forward-looking information presented in this press release is not
a guarantee of future events or results, and that actual events or
results may differ materially from those made in or suggested by
the forward-looking information contained in this press release. In
addition, forward-looking statements generally can be identified by
the use of forward-looking terminology such as "may," "plan,"
"seek, "will," "expect," "intend," "estimate," "anticipate,"
"believe" or "continue" or the negative thereof or variations
thereon or similar terminology. Any forward-looking information
presented herein is made only as of the date of this press release,
and the Company does not undertake any obligation to update or
revise any forward-looking information to reflect changes in
assumptions, the occurrence of unanticipated events, or otherwise,
except as required by law.
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SOURCE Univar Solutions Inc.