STAHL publishes ESG Report 2023

Stahl, a leading provider of speciality coatings and treatments for flexible substrates, has published its 2023 Environmental, Social and Governance (ESG) Report. The report outlines Stahl’s recent progress on its ESG Roadmap to 2030 and the steps the company is taking to live its purpose of Touching lives, for a better world. 
Maarten Heijbroek, CEO of Stahl: “Stahl’s 2023 ESG Report looks back on an important year for Stahl and its people. We delivered on our interim ESG Roadmap milestones and defined our new interim goals for 2026, that support our ambition to be an ESG leader in our space. In April 2023, we launched our new purpose: Touching lives, for a better world. I believe this sent a clear message about the kind of company we aspire to be and the impact we want to have on society. I look forward to collaborating with our value chain partners to make even more impact in 2024.”

Exceeding interim environmental targets

Stahl’s ESG Roadmap to 2030 includes interim targets for 2023, making this a year in which Stahl reached several important milestones. For example, the company reduced its scope 1 and 2 greenhouse gas (GHG) emissions by 22% versus 2022. Furthermore, in 2023 the Science Based Targets initiative (SBTi) validated Stahl’s scope 1, 2 and 3 targets, making it one of the first coatings companies on the SBTi-approved list.
To reduce its GHG emissions, Stahl is actively increasing its use of clean energy. At the end of 2023, renewable energy generation, such as solar panels, had been installed at four Stahl sites, compared to its target of three.
Measuring – and reducing – the impact of products is an important step in the company’s scope 3 emissions. As such, 353 Stahl products now have either life cycle assessment (LCA) or product carbon footprint (PCF) data, far exceeding the 2023 target of 50.
Read Stahl’s 2023 ESG Report in full HERE