The report centres around the company’s new “purpose”, launched in April 2023, which is: “Touching lives, for a better world,”

Maarten Heijbroek, CEO of Stahl, said: “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.”

2023 included interim targets for the company’s ESG Roadmap to 2030. Last year, it reduced its Scope 1 and 2 greenhouse gas (GHG) emissions by 22% versus 2022 and the Science Based Targets initiative (SBTi) also validated the company’s Scope 1, 2 and 3 targets.

Stahl also installed renewable energy generation, such as solar panels, at four of its sites, beating its target of three for 2023. Meanwhile, 353 Stahl products now have either lifecycle assessment (LCA) or product carbon footprint (PCF) data, exceeding the 2023 target of 50.

In 2023, 2,161 of Stahl’s products were certified by Zero Discharge of Hazardous Chemicals (ZDHC), in line with ZDHC MRSL V3.1. These products represented 70% of the company’s sales revenue. Additionally, the company achieved a Platinum rating from EcoVadis for the second year in a row and exceeded its 2023 target of an average EcoVadis rating of at least 60/100 for its top 10 suppliers, with an average rating of 68/100 reported in December 2023.

You can read the full 2023 Environmental, Social and Governance (ESG) Report on the Stahl website.