ENGLEWOOD, Colo., Oct. 14, 2020 (GLOBE NEWSWIRE) — Innospec (NASDAQ: IOSP) right this moment introduced the publication of its 2019 Accountable Enterprise Report. The report offers an outline of the corporate’s progress and on-going dedication to company duty and sustainability.
Key highlights from 2019 embody:
- Continued deal with the discount of Greenhouse Fuel (GHG) emissions, vitality and water utilization, together with a 5 % discount in absolute GHG emissions in comparison with 2018;
- EcoVadis Gold Medal awarded for Innospec’s sustainability efficiency throughout surroundings, labor and truthful enterprise practices;
- Over US$517,000 raised to assist 136 worldwide charities and good causes native to our operations via our Innospec Cares program and the growth to incorporate employee-volunteering days;
- Over US$1 million raised for the PenFed Basis Navy Heroes Fund since partnering in 2007;
- 2,100 staff and contractors participating within the Innospec on-line compliance coaching and certification program;
- The availability of protected sustainable merchandise designed to fulfill the wants of society, whereas minimizing their environmental impression in manufacture and use;
- Funding in new Analysis & Expertise facilitates to assist elevated buyer demand for sustainable merchandise at our Castiglione, Italy, Ellesmere Port, UK and Houston, TX, and Salisbury, NC, US websites and
- Unbiased assurance of the report back to the globally recognised AA1000 Assurance commonplace 2008 and for the primary time the 2018 Addendum
Patrick S. Williams, President and Chief Govt Officer, mentioned, “We’re happy to current our twenty-first Accountable Enterprise Report which highlights our 2019 efficiency and our strategy to working a accountable enterprise. I’m very proud to steer an organization with a powerful deal with sustainability, range, wellbeing and governance. Our international group continues to ship modern new applied sciences whereas serving to our prospects create higher merchandise with improved environmental and social outcomes.”
To be taught extra about Innospec’s strategy to company duty and sustainability, please learn the 2019 Innospec Accountable Enterprise Report by visiting https://innospecsustainability.com/.
About Innospec Inc.
Innospec Inc. is a world specialty chemical compounds firm with roughly 2000 staff in 24 international locations. Innospec manufactures and provides a variety of specialty chemical compounds to markets within the Americas, Europe, the Center East, Africa and Asia-Pacific. The Gasoline Specialties enterprise makes a speciality of manufacturing and supplying gasoline components that enhance gasoline effectivity, increase engine efficiency and cut back dangerous emissions. Oilfield Companies offers specialty chemical compounds to all components of the oil and fuel exploration and manufacturing trade. The Efficiency Chemical compounds enterprise creates modern technology-based options for our prospects within the Private Care, House Care, Agrochemical, Mining and Industrial markets. Octane Components produces octane improvers to boost gasoline.
This press launch accommodates sure “forward-looking statements” inside the which means of the Personal Securities Litigation Reform Act of 1995. All statements aside from statements of historic information included or included herein could represent forward-looking statements. Such forward-looking statements embody statements (coated by phrases like “expects,” “estimates,” “anticipates,” “could,” “believes,” “feels,” “plan,” “intend” or comparable phrases or expressions, for instance) which relate to earnings, progress potential, working efficiency, occasions or developments that we anticipate or anticipate will or could happen sooner or later. Though forward-looking statements are believed by administration to be affordable when made, they’re topic to sure dangers, uncertainties and assumptions, together with, the consequences of the COVID-19 pandemic, comparable to its period, its unknown long-term financial impression, measures taken by governmental authorities to handle it and the way by which the pandemic could precipitate or exacerbate different dangers and/or uncertainties, and our precise efficiency or outcomes could differ materially from these forward-looking statements. Further data relating to dangers, uncertainties and assumptions regarding Innospec and affecting our enterprise operations and prospects are described in Innospec’s Annual Report on Kind 10-Okay for the 12 months ended December 31, 2019, Innospec’s Quarterly Report on Kind 10-Q for the quarter ended June 30, 2020 and different reviews filed with the U.S. Securities and Change Fee. You’re urged to overview our dialogue of dangers and uncertainties that would trigger precise outcomes to vary from forward-looking statements beneath the heading “Danger Elements” in such reviews. Innospec undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not because of new data, future occasions or in any other case.