Hear from our CEO and CSO about our Green Lights Strategy and how it incorporates What We Do
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Our Progress
in 2024
Our overall ambition is to provide high-performance coatings that help advance society while protecting the planet.
Products with Impact
Our Products with Impact pillar creates win-win scenarios that benefit both our company and our customers while enhancing the value of our end-consumers’ products. It drives us to develop high-performance coatings that incorporate more sustainable practices and materials into our products and processes. By doing so, we seek to minimize the harmful impacts of our coatings and provide functional sustainability benefits.
“The opening of our research center marks a major step forward to improve sustainability across the entire value chain.”
Our ambition
By 2030, our ambition is to deliver surface solutions that help advance society while protecting the planet.
Net-sustainable sales
>50%
Of revenue from BSI Achiever class
Net-sustainable Innovation
100%
Of all new products from BSI Achiever class
Products in concern class
0%
Sales within BSI Concern class
Progress in 2024
Net-sustainable sales
We want to increase our sales in products that have a positive impact on the planet and society.
50%
Products in the BSI Achiever class increased to 50% compared with 43% in 2023.
Net-sustainable Innovation
Not only do we want to sell more sustainable products, but we also want to create even better products for the future.
In 2024, we inaugurated FutureLab, our state-of-the art R&D facility in Liverpool, UK, which increased the capacities and capabilities to develop more sustainable coating solutions.
Products in concern class
Phasing out all our products in the BSI Concern class will improve the environmental footprint of our products throughout their life cycle.
6%
During 2024, we decreased the proportion of our revenue from BSI Concern products compared with 7% in 2023.
We completed the first stage of our Sustainability Sales School program, which all our sites received training in to better engage in sustainability discussions with their customers.
Stories of
transformation
Introducing FutureLab
In September 2024, we inaugurated our state-of-the-art R&D facility FutureLab in Liverpool, UK, which is dedicated to advancing the future of coil coatings. FutureLab significantly increased our capacity and capability to develop UV/EB solutions.
Stories of
transformation
Bringing more renewable-based products to market together with our customers
The transition to bio-based materials is gaining momentum, as collaborative innovation with customers enables the replacement of fossil-based binders without compromising on performance.
Aligning our product portfolio and breakthrough innovations with ESRS
Our product portfolio and breakthrough innovations intersect with several of our material topics identified in accordance with the European Sustainability Reporting Standards. Key material topics include material inflow and outflow, pollution, climate change mitigation and health and safety.
WHAT.
For 160 years, we continuously advance the performance and functionality of our high-performance coatings, consistently exceeding customer expectations. Our legacy is defined by the stories of how we help transform our industry.
WE.
People are at the heart of our business. Safety, mental and physical health, and leaving a positive impact in the communities where we operate transcend our business.
DO.
Our operations and work with suppliers improve our environmental and social impact. By working with resource efficiency and responsible procurement, we have a positive effect throughout our value chain.