Koppers Holdings 2024 Report: A Commitment to Sustainability and Safety Innovations
- Koppers Holdings' 2024 Sustainability Report highlights a historic low Total Recordable Incident Rate of 2.52, prioritizing employee safety.
- The company increased solar energy production by 53% with a new 100-kilowatt system, reducing its environmental footprint.
- Koppers delivered 40,000 utility poles for disaster recovery and launched a Sustainability Cloud for improved reporting accuracy.
Koppers Holdings Champions Sustainability with 2024 Corporate Sustainability Report
Koppers Holdings Inc. has recently unveiled its 2024 Corporate Sustainability Report, highlighting substantial progress in its sustainability initiatives centered around the core principles of People, Planet, and Performance. A significant achievement noted in the report is the company's Total Recordable Incident Rate (TRIR) of 2.52, marking the lowest rate in its history. This accomplishment underscores Koppers’ dedication to fostering a Zero Harm culture within its workforce, which prioritizes safety and well-being across all operations. By effectively embedding this culture, Koppers is not only enhancing employee safety but also reinforcing its commitment to sustainable business practices.
In addition to safety improvements, the report details a remarkable 53% increase in solar energy production, primarily attributed to the installation of a new 100-kilowatt solar panel system at its facility in Mayfield, Australia. This strategic investment reflects Koppers' commitment to renewable energy and reducing its environmental footprint. By leveraging solar energy, the company not only contributes to a cleaner planet but also positions itself as a leader in the resource industry, which is increasingly under scrutiny for its environmental impact. Such initiatives align with broader industry trends towards sustainability, signaling Koppers' proactive approach to future challenges.
Furthermore, Koppers plays an active role in disaster recovery efforts, having delivered 40,000 utility poles in response to the destructive hurricanes Helene and Milton. This not only demonstrates the company’s responsiveness to community needs but also showcases its operational capabilities in critical situations. The launch of the Koppers Sustainability Cloud, a comprehensive data management hub, enhances the precision of its sustainability reporting and ensures alignment with global industry standards. Koppers' commitment to these initiatives is evident in its recognition as one of Newsweek's Most Responsible Companies for the fifth consecutive year, achieving its highest ranking yet, and being named one of America's Climate Leaders by USA Today for the third straight year.
In light of these achievements, CEO Leroy Ball emphasizes the importance of adhering to Koppers' core values, especially in a complex global landscape. He highlights that the company's ongoing focus on sustainability is designed to foster innovation, enhance risk management, and create long-term value within its operations. Chief Legal and Sustainability Officer Stephanie Apostolou also outlines the intent to strengthen sustainability governance and establish new targets through 2030, reinforcing Koppers' commitment to responsible corporate citizenship.
Koppers Holdings' 2024 Corporate Sustainability Report illustrates a comprehensive approach to integrating sustainability into its business model, positioning the company as a forward-thinking leader in the resource industry. The full report is available for public review, offering insights into its ambitious goals and achievements.