Quaker Houghton’s 2024 Report Highlights Major Sustainability Advancements and Achievements

Quaker Houghton Advances Sustainability Initiatives in 2024 Report

Quaker Houghton, a prominent global provider of industrial process fluids, recently releases its 2024 Sustainability Report, underscoring the company's ongoing commitment to sustainable practices and adaptability in the face of environmental challenges. CEO Joseph Berquist highlights the significant strides made towards achieving sustainability goals, showcasing a comprehensive approach that integrates environmental responsibility into the company's operational framework. The report reveals that Quaker Houghton has successfully reduced its Scope 2 greenhouse gas emissions by 7% compared to the previous year, reflecting a proactive stance towards lowering its carbon footprint.

In addition to emissions reductions, Quaker Houghton reports a remarkable achievement in waste management, having eliminated over 23,000 metric tons of waste at partner locations this year alone. This contributes to a cumulative reduction of over 70,000 metric tons since 2022, demonstrating the company’s dedication to circular economy principles. The report also highlights that 76% of the company's global electricity consumption is now sourced from renewable or zero-carbon energy, a significant milestone in Quaker Houghton’s strategy to lessen its environmental impact and promote sustainability across its operations.

Employee engagement and safety are also pivotal components of Quaker Houghton's sustainability efforts. The company records a 75% increase in average employee training hours, reinforcing its commitment to workforce development and safety. Furthermore, Quaker Houghton has achieved a reduction in its recordable incident rate for five consecutive years, embodying its "Life Safe" core value. The report indicates that the company has met 90% of its internal sustainability targets and has received external recognition, including the EcoVadis Silver Award, solidifying its reputation as a leader in sustainability within the industrial sector.

In addition to its sustainability achievements, Quaker Houghton’s operations span over 25 countries with a workforce of approximately 4,400 employees, including skilled chemists and engineers. The company’s focus on data-driven decision-making allows it to align its sustainability strategies with the evolving needs of its customers across diverse industries such as steel, automotive, and aerospace.

The full 2024 Sustainability Report is available on Quaker Houghton’s website, providing insights into the company's progress and future initiatives aimed at enhancing customer efficiency while fostering a sustainable future.