DUSSELDORF, Germany—Citing advancements in climate protection, social engagement and gender parity, Henkel published its 32nd sustainability report March 7.The challenges have been many over the last several years, but despite the high-stakes hurdles, Henkel said it has been able to reduce its CO2 emissions, increase the share of renewable energy it uses and boost the percentage of women in the C-suite at the adhesive, sealant and coatings provider.
"I cannot recall a year in the recent past in which the overall business environment was so challenging for our company," said Henkel CEO Carsten Knobel, CEO at Henkel. "The war in Ukraine has deeply shaken us and has far-reaching consequences. It has shaped the economic environment, particularly the energy crisis and higher raw material prices.
"But it is precisely in such difficult times that it is even more important to focus on sustainability and live up to our responsibilities toward the environment and society."
Knobel thanked the 50,000 Henkel employees around the world for their "strong commitment and dedication."
Highlighting the sustainability report is a 55-percent reduction in CO2 per ton of product (in 2022) for Henkel, as well as an increase in the share of renewable electricity to 70 percent.