Adhesives, sealants and functional coatings supplier Henkel Adhesive Technologies developed an internal assessment methodology to create transparency on the sustainability performance of its product portfolio.
The results of this assessment are integrated into business steering processes, including the definition of innovation and business strategies, as well as portfolio management and customer engagement, company officials said in a Sept. 21 news release.
How Henkel Adhesive Technologies Uses its Sustainability Assessment
Henkel Adhesive Technologies’ latest assessment was conducted in the first half of 2023 and has been audited by an external third party. The internal methodology prescribes covering commercial products representing at least 80% of the net sales.
“The results of the assessment create a clear understanding about the contribution and performance of each product and help to anchor sustainability as integral part of our business strategy,” said Ulla Hüppe, Global Head of Sustainability at Henkel Adhesive Technologies. “In addition, it provides even more transparency for our customers and supports the transformation towards new solutions enabling emission reduction and circularity.”
The focus of the assessment lies on identifying and mapping those products within the portfolio that have a significant contribution to sustainability. The criteria cover the entire value chain and consider impacts along all scopes – upstream, midstream and downstream. This way they not only cover the footprint of Adhesive Technologies’ own operations and raw material use, but also assess how solutions can enable customers to drive their sustainability agendas.
For more information on the sustainability portfolio assessment, read the final practitioner report from 2023.