Core Insights - Westlake Corporation has achieved its target of reducing Scope 1 and Scope 2 CO2e emissions per ton of production by 20% compared to its 2016 baseline, as reported in its 2024 Sustainability Report [1][2] - The company is now committed to further reducing these emissions by an additional 5% by 2030, using a 2024 baseline, aiming for a total reduction of 25% from the 2016 baseline [2][3] - The Sustainability Report adheres to internationally recognized standards such as GRI, SASB, and TCFD, ensuring transparency in its sustainability metrics [3][4] Emissions Reduction Goals - Initial target of 20% reduction in Scope 1 and Scope 2 CO2e emissions has been met [2] - New goal set for an additional 5% reduction by 2030, leading to a cumulative 25% reduction from the 2016 baseline [2][3] Commitment to Sustainability - The company emphasizes its ongoing commitment to sustainability as essential for future growth and reducing its environmental footprint [3] - Westlake actively seeks feedback on its sustainability performance from various stakeholders, including customers and investors [4]
Westlake Announces Achievement of 2030 Emissions Target in 2024 Sustainability Report