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Trinseo Releases its 10th Annual Sustainability & Corporate Social Responsibility Report

BERWYN, Pa. - Tuesday, July 21, 2020

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, announced the release of its 2020 Sustainability & Corporate Social Responsibility (CSR) Report. The Report showcases how Trinseo excels in its safety and environmental performance while developing innovative solutions that shape a more sustainable world.

This is the 10th report since the Company’s formation in 2010 and has been prepared in accordance with the Global Reporting Initiative (GRI) Standards Core Option. GRI is the leading independent organization providing a common language and framework for public sustainability reporting, allowing more global comparability and better quality of information about company sustainability impacts.

“Since our founding a decade ago, Trinseo has maintained sustainability as a core value,” said Frank Bozich, President and Chief Executive Officer. “After joining Trinseo as CEO last year, I’ve come to understand this is deeply embedded within the Company and our employees are truly passionate about improving our world by addressing complex materials challenges and delivering products that are intrinsic to daily life.”

As Trinseo celebrates its 10th anniversary this year, the Company believed it was high time to embark on an ambitious, measurable, and achievable longer-term sustainability journey by announcing its 2030 Sustainability Goals earlier this month. This ambitious plan includes 15 long-term goals under five main categories that target climate change, sustainable products, supplier responsibility, responsible operations, and a sustainable workforce. These goals were created, in part, from a critical assessment of the Company’s capabilities as well as valuable feedback from customers and suppliers.

Products and innovations highlighted in the 2020 Sustainability & CSR Report include:

Plastics

  • Establishment of value chain partnerships to advance the quality and use of recycled polystyrene
  • Launching a line of thermoplastic elastomers (TPE) for medical devices

Latex Binders

  • Introduction of a new self-cross-linking latex binder technology for the textile industry
  • Assisting in the development and design of an innovative “non-wood” paper product

Synthetic Rubber

  • Continuing to advance the capabilities of S-SBR Rubber used in high performance tires to reduce rolling resistance and improve fuel efficiency of motor vehicles

Safety

  • Achieving an injury rate of 0.11, which places Trinseo in the upper echelons of the chemical industry for safety
  • Recording no Process Safety Incidents for the fifth year in a row

“Industry and society have reached a pivotal crossroads on the path toward a more sustainable future,” said Walter van het Hof, Global Industry Affairs & Sustainability Leader. “Intense consumer and regulatory pressure, rapid climate change, shifting societal norms, the threat of plastics in our oceans, and most recently, the global devastation of COVID-19 have coalesced and thrust us into a new era of sustainability.”

Trinseo’s 2020 Sustainability & CSR report is available online at trinseo.com/sustainability.

About Trinseo

Trinseo (NYSE: TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainability-focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers.

From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers’ unique challenges in a wide range of industries, including consumer goods, mobility, building and construction, and medical.

Trinseo’s approximately 3,400 employees bring endless creativity to reimagining the possibilities with clients all over the world from the company’s locations in North America, Europe, and Asia Pacific. Trinseo reported net sales of approximately $4.8 billion in 2021. Discover more by visiting www.trinseo.com and connecting with Trinseo on LinkedIn, Twitter, Facebook and WeChat.

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 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 future results to differ from those expressed by the forward-looking statements include, but are not limited to, our ability to successfully execute our transformation strategy and business strategy; our ability to integrate acquired businesses; global supply chain volatility, increased costs or disruption in the supply of raw materials or increased costs for transportation of our products; the nature of investment opportunities presented to the Company from time to time; 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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