EcoVadis rated OQ Chemicals among the top 5% of companies evaluated within its industry globally.
OQ Chemicals has been awarded by EcoVadis with a Gold rating for the sixth consecutive year for innovations, such as the ISCC PLUS-certified Oxbalance product line and the company-wide reduce initiative aimed to achieve climate neutrality, as well as its high safety standards.
EcoVadis assesses companies’ sustainability performance in the areas of environment, labour and human rights, ethics, and sustainable procurement - providing globally comparable assessments.
“The renewed EcoVadis Gold award confirms our ongoing efforts to continuously improve in the core areas of sustainability. We are currently focusing on implementing EU regulations such as the Corporate Sustainability Reporting Directive (CSRD) and the EU Taxonomy. These frameworks help us to further sharpen our sustainability goals and ensure that we can meet the expectations of our stakeholders,” has stated Ina Werxhausen, Director of Sustainability & Corporate Communications at OQ Chemicals.
The reduce initiative is part of OQ Chemicals' strategy for achieving climate neutrality by 2045 and aims to reduce greenhouse gas emissions across the entire value chain. The key aspect is the expansion of the product portfolio to include products based on renewable, biobased, and circular raw materials with a reduced carbon footprint.
“With our Oxbalance line and products such as Oxbalance Neopentyl Glycol Diheptanoate (for cosmetics), Oxbalance TCD Alcohol DM (for coatings), and Oxbalance Isononanoic Acid (for lubricants), we have already taken initial steps. We expect circular raw materials to play an increasingly important role in the future. To this effect, OQ Chemicals has had its sites in Europe and Bay City, Texas, certified according to the International Sustainability and Carbon Certification (ISCC) PLUS standard,” has added Ina Werxhausen.