Trinseo Improves its CDP Score in Sustainability for the Second Consecutive Year

Company achieves “B” rating outperforming business sector average

Wednesday, February 19, 2020

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, improved its 2019 CDP Score (formerly known as the Carbon Disclosure Project) to a “B” in both Climate Change Disclosure, marking the Company’s second consecutive year of score increase.

Each year, CDP takes the information supplied in its annual reporting process and scores companies and cities based on their journey through disclosure and towards environmental leadership. Through its independent scoring methodology, CDP measures corporate and city progress and incentivizes action on climate change, forests, and water security.

“This is another strong sign of the growth in our sustainability program at Trinseo,” said Walter van het Hof, Global Industry Affairs & Sustainability Leader. “As CDP continues to raise the bar each year, we have steadily improved and expanded our practices in sustainability and circularity to combat the effects of climate change. We are pleased to see a score increase and Our customers value this external perspective.”

Each overall CDP Score correlates to one of the following four levels:

  • Leadership (A/A-): Implementing current best practices
  • Management (B/B-): Taking coordinated action on climate issues
  • Awareness (C/C-): Knowledge of impacts on, and of, climate issues
  • Disclosure (D/D-): Transparent about climate issues

Trinseo’s overall score (B) lands in the “Management” band, which ranks higher than the North America regional average (C), assessed peer companies average (B-), and the global average (C).

The CDP Score is comprised of 11 assessment categories, of which Trinseo scored better than average – in comparison to assessed peer companies – in nine while achieving the group average in the remaining two. The Company’s strongest performance was noted to be its Targets (A), Governance (A), Opportunity Disclosure (A-), and Risk Management Processes (A-).

Trinseo recently announced it had been awarded a Silver Medal from the EcoVadis Corporate Social Responsibility (CSR) Rating assessment. This was due in part to the Company’s adoption of the Global Reporting Initiative (GRI) framework for sustainability reporting in its 2019 report.

For more information on Trinseo’s sustainability and CSR program, visit Trinseo.com/Sustainability.

About Trinseo

Trinseo (NYSE:TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber with a focus on delivering innovative, sustainable, and value-creating products that are intrinsic to our daily lives. Trinseo is dedicated to making a positive impact on society by partnering with like-minded stakeholders, and supporting the sustainability goals of our customers in a wide range of end-markets including automotive, consumer electronics, appliances, medical devices, packaging, footwear, carpet, paper and board, building and construction, and tires. Trinseo had approximately $3.0 billion in net sales in 2020, with 17 manufacturing sites around the world, and approximately 2,600 employees. For more information, please visit: www.trinseo.com.

Cautionary Note on Forward-Looking Statements

This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts or guarantees or assurances of future performance. Forward-looking statements may be identified by the use of words like "expect," "anticipate," "intend," "forecast," "outlook," "will," "may," "might," "see," "tend," "assume," "potential," "likely," "target," "plan," "contemplate," "seek," "attempt," "should," "could," "would" or expressions of similar meaning. Forward-looking statements reflect management’s evaluation of information currently available and are based on our current expectations and assumptions regarding the timing of the proposed acquisition of the Arkema MMA and PMMA business (the "Acquisition"); estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities and cost synergies relating to the Acquisition, our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Factors that might cause such a difference include, but are not limited to, our failure to complete the Acquisition or meet the conditions to closing, including antitrust, works council and other regulatory approvals; the failure to obtain the financing necessary to fund the Acquisition and the impact of the substantial indebtedness to be incurred; costs related to the Acquisition; following the Acquisition, our ability to successfully integrate the acquired businesses, generate expected cost savings and synergies, maintain relationships with customers, retain key employees and profitably grow the business; and those factors discussed in our Annual Report on Form 10-K, under Part I, Item 1A —"Risk Factors" and elsewhere in our other reports, filings and furnishings made with the U.S. Securities and Exchange Commission from time to time. As a result of these or other factors, our actual results may differ materially from those contemplated by the forward-looking statements. Therefore, we caution you against relying on any of these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

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