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Insight

CHT Group releases Sustainability Report 2022

Tübingen, Germany

The Sustainability Report 2022, which is now digitally available, provides important insights into the past fiscal year and clearly summarizes key ecological, economic, and social developments. The report shows that the CHT Group has defined and anchored sustainability as an integral part of its corporate strategy.

  • The CHT Group consistently aligns its sustainability strategy to all three ESG dimensions
  • Responsibility for sustainability lies with the Chief Sustainability Officer
  • Climate protection occupies a central position worldwide - the corporate carbon footprint (Scope 1-3) 2022 totals 475 kt CO2(e)
  • The group of companies is pursuing the goal of becoming climateneutral by 2045
  • At the end of 2021, the CHT Group subscribed to the Science Based Targets initiative (SBTi) to meet the targets of the Paris Climate Agreement and committed to the 1.5 °C target
  • 77 % of sales were achieved with sustainably classified products

Sustainability as part of CHT's DNA

The issue of sustainability has been anchored in the DNA of the internationally active foundation-owned group of companies for 70 years. No less an aspiration is derived from this than to support all customers with the most innovative, most sustainable products and solutions and thus to become the leading supplier of sustainable chemical products and solutions in all target markets.

Transparent communication

Open and transparent communication with all stakeholders, especially with customers and suppliers, is of crucial importance. This is illustrated first and foremost by the company's now updated and comprehensive sustainability reporting.

The current edition of CHT's annual sustainability report for the period January to December 2022 is now available in website format. The report is based on the GRI standards of the Global Reporting Initiative (GRI).

Since 2015, the CHT Group has been using comprehensive sustainability reporting to document its ongoing successful transformation into a sustainable business group that is ideally prepared for the challenges of the EU Green Deal and mandatory ESG reporting.

The focus of the report is once again on climate reporting and the company's social responsibility within and along the supply and value chains.

"Climate neutrality" as a central field of action

In the implementation of the sustainability strategy of the CHT Group, the field of action "climate neutrality" takes a central role. The CHT Group has set itself the goal of being climate neutral both in its own production and in the supply chain from the year 2045. The path to climate neutrality by 2045 is illustrated in the report as part of the strategic goal.

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Comprehensive social responsibility as part of sustainability

In addition to climate protection, social responsibility is also a top priority for the CHT Group. The continuous improvement of health protection and occupational safety is a top priority for the company.

From CHT's point of view, qualified and committed employees make a significant contribution to the company's future success. For this reason, the CHT Group promotes the professional and personal development of its workforce to a high degree and invests in future-oriented and targeted training and further education of its workforce.

For the CHT Group, the respect for human rights is an indispensable pillar of the corporate culture and an essential part of the group-wide Code of Conduct. In 2022, the Human Rights Compliance Policy Statement was developed, and compliance processes and measures were put in place to prevent any violations and identify and mitigate human rights related risks.

In order to achieve these goals in the three ESG dimensions in the long term and to be able to finance the expenditure required for this, constant and profitable sales growth is the most important prerequisite.

The current edition of the report can be found here:

https://sustainability-report.cht.com/en/

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