Westlake Corporation Meets 2030 Emissions Reduction Target Ahead of Schedule

Reuters11-25
Westlake Corporation Meets 2030 Emissions Reduction Target Ahead of Schedule

Westlake Corporation has released its 2024 Sustainability Report, detailing the company's progress on its environmental initiatives. According to the report, Westlake achieved its target of reducing Scope 1 and Scope 2 CO2e emissions per ton of production by 20% compared to its 2016 baseline. The company has now set a new goal to further reduce these emissions by an additional 5% per ton of production by 2030, using 2024 as the new baseline. The report states that progress will be measured in accordance with the Greenhouse Gas Protocol methodology and is informed by frameworks such as the Global Reporting Initiative $(GRI)$, the Sustainability Accounting Standards Board (SASB), and the Task Force on Climate-Related Financial Disclosures (TCFD).

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