Chemicals company Quaker Houghton has announced its goal to become carbon neutral in its global operations by 2030.
It has also made a commitment to setting science-based targets by 2030 to achieve net zero carbon emissions across its value chain by 2050.
The company, which is a leader in industrial process fluids with operations in more than 25 countries, intends to reach its goal through actions such as energy efficiency and conservation measures, purchasing renewable energy and neutralising residual emissions using high quality carbon offsets.
In addition, it plans to introduce its comprehensive set of environmental and social goals, supported by its vision and strategy, later in 2021.
Michael F. Barry, Chairman, CEO and President said: “I am proud of the significant progress we have made in establishing the foundation for Quaker Houghton’s sustainability programme.
“It is our responsibility to ethically manage environmental, social and economic concerns so that future generations are healthy and successful. Our focus and first commitment starts with achieving carbon neutrality.”