Global chemical manufacturer Venator earns coveted gold
recognition, marking a significant advancement from previous
year.
WYNYARD, UK, Dec. 22,
2023 /PRNewswire/ -- Venator Materials PLC ("Venator"
or the "Company"), announced today that it has achieved a Gold
Medal from EcoVadis, the world's most trusted provider of business
sustainability ratings. This recognition marks a significant
improvement from the preceding year's Silver Medal accolade,
showcasing Venator's commitment to sustainability and environmental
stewardship.
EcoVadis is the global standard for business sustainability
ratings. The EcoVadis assessment evaluates 21 sustainability
criteria across four core themes: Environment, Labor & Human
Rights, Ethics and Sustainable Procurement. More than 85,000
companies globally have been rated by EcoVadis. Venator's elevation
to a Gold Medal reflects the company's enhanced performance in
these critical areas, positioning it among the top 4% of companies
rated globally.
Rob Portsmouth, Senior Vice
President Sustainability and EHS stated, "We are immensely proud of
this recognition, which underscores Venator's steadfast commitment
to sustainability excellence and shows how deeply embedded our
commitment to sustainability is in everything we do, from initial
product design, right through to our stewardship of energy
management on our sites. The Gold Medal award is the result of key
steps we have taken towards our sustainability targets focussed on
people, products, planet and performance, with specific projects in
each area to move our business forward. Over the coming months, we
will be working hard to further increase our score in the 2024
assessment."
EcoVadis' business sustainability ratings are based on
international sustainability standards such as the Ten Principles
of the UN Global Compact, the International Labour Organization
(ILO) conventions, the Global Reporting Initiative (GRI) standards
and the ISO 26000 standard. The ratings provide an
evidenced-based analysis on performance and an actionable roadmap
for continuous improvement.
The EcoVadis Gold Medal is testament to Venator's efforts and
dedication to sustainable practices, exemplifying the company's
strategic initiatives and policies aimed at minimizing
environmental impact across its entire operation.
About Venator
Venator is a global manufacturer and marketer of chemical
products that comprise a broad range of pigments and additives that
bring color and vibrancy to buildings, protect and extend product
life, and reduce energy consumption. We market our products
globally to a diversified group of industrial customers through two
segments: Titanium Dioxide, which consists of our TiO2
business, and Performance Additives, which consists of our
functional additives, color pigments and timber treatment
businesses. Based in Wynyard, U.K., Venator employs approximately
2,800 associates and sells its products in more than 106
countries.
Social Media:
Twitter: www.twitter.com/VenatorCorp
Facebook: www.facebook.com/venatorcorp
LinkedIn: www.linkedin.com/company/venator-corp
For more information about Venator and its sustainability
initiatives, visit www.venatorcorp.com
Cautionary Statement Concerning Forward-Looking
Statements
References in this press release to information should not be
construed as a characterization regarding the materiality of such
information to our financial results or under U.S. securities laws
or regulations. While certain matters discussed in this press
release may be significant, any significance should not be read as
necessarily rising to the level of materiality used for the
purposes of complying with U.S. securities laws and regulations.
Certain statements contained in this communication constitute
"forward looking statements" within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995, including statements
regarding our environmental goals, commitments, strategies and
related business and stakeholder impacts. These forward-looking
statements represent Venator's expectations or beliefs concerning
future events, and it is possible that the expected results
described in this communication will not be achieved or will be
materially different than as described. These forward-looking
statements are subject to risks, uncertainties and other factors,
many of which are outside of Venator's control, that could cause
actual results to differ materially from the results discussed in
the forward-looking statements. These risks and uncertainties
include, without limitation, any failure to meet stated
environmental goals and commitments, and our ability to execute our
strategies in the time frame expected or at all, global
sociodemographic and economic trends, changing government laws and
regulations, technological innovations, climate-related conditions
and weather events, our ability to gather and verify data regarding
environmental impacts, the compliance of various third parties with
our policies and procedures, and our expansion into new products
and geographic regions. Any forward-looking statement speaks only
as of the date on which it is made, and, except as required by law
or regulation, Venator does not undertake any obligation to update
or revise any forward-looking statement, whether as a result of new
information, future events or otherwise. New factors emerge from
time to time, and it is not possible for Venator to predict all
such factors. When considering these forward-looking statements,
you should keep in mind the risk factors and other cautionary
statements in Venator's filings with the US Securities and Exchange
Commission, including Venator's Annual Reports on Form 20-F and
other reports on Form 6-K. Readers should not place undue reliance
on the forward-looking statements made in this press release.
Moreover, many of the assumptions, standards, metrics, and
measurements related to the information in this press release
continue to evolve and are based on assumptions believed to be
reasonable at the time of preparation, but should not be considered
guarantees. Given the inherent uncertainty of the estimates,
assumptions, and timelines related to the information in this press
release, we may not be able to anticipate whether or the degree to
which we will be able to meet our plans, targets, or goals in
advance.
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SOURCE Venator Materials PLC