Corporate News

May 03, 2021

Trinseo Achieves Silver Medal in Sustainability Rating from EcoVadis for the Third Consecutive Year

Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, has achieved a Silver Medal in Sustainability Rating from EcoVadis three years in a row since 2019. The Company’s scores have been gradually improving year after year.

In its latest Sustainability Performance Overview, Trinseo’s 2021 overall score is in the top 13% of companies rated by EcoVadis in the manufacturing industry of plastics products. The assessment focuses on 21 sustainability criteria grouped into four themes: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. Other noteworthy ratings of Trinseo include:

Environment - top 25%
Labor & Human Rights - top 24%
Sustainable Procurement - top 23%
Ethics - top 17%

Walter van het Hof, Trinseo’s Global Industry Affairs & Sustainability Leader, commented, “Sustainability is deep rooted in Trinseo’s culture, so the achievement in EcoVadis’ continuous Silver Rating is indeed both encouraging and well-deserved. The challenges we face in achieving a more sustainable future built upon a circular economy are numerous, and while we may not have answers to all the challenges we’re faced with, we’re committed to taking new approaches to address them.”

Since its founding in 2007, EcoVadis has grown to become the world’s largest and most trusted provider of business sustainability ratings, creating a global network of more than 75,000 rated companies.

Trinseo is known as having strong global endorsements of external initiatives on environmental issues such as the Responsible Care® and Operation Clean Sweep® programs. Trinseo is one of the founders of Styrenics Circular Solutions, a joint industry initiative and the unified, driving force behind the acceleration of styrenics recycling through innovative technologies and partner-driven solutions in closing the loop.

For more information on Trinseo’s sustainability and CSR program, visit https://www.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.

Forward Looking Statements:

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.