IMCD takes the next steps in its decarbonisation journey and commits to set SBTi near-term targets
ROTTERDAM, The Netherlands (3 March 2025) – IMCD N.V. ("IMCD" or "Company"), a global leading distribution partner and formulator of speciality chemicals and ingredients, today announced it has committed to the Science Based Target initiative (SBTi) and intends to set near-term emissions reduction targets in line the SBTi criteria and recommendations.
The SBTi is a corporate climate action organisation that enables companies and financial institutions worldwide to play their part in combating the climate crisis. Aligning with the Paris Agreement goal of limiting global warming, the SBTi develops standards, tools and guidance for organizations to set greenhouse gas (GHG) emission reduction targets to keep global warming to a minimum.
In recent years, IMCD has strengthened its carbon footprint visibility, building a solid foundation to develop near-term emissions targets aligned with SBTi guidelines.
'At IMCD, we aspire to be a force of influence, helping to grow a world of opportunity into a sustainable future', says Valerie Diele-Braun, Chief Executive Officer. 'IMCD has presence and teams in more than 60 countries. We are aware of the potential impacts of climate change in the markets we serve, and we see it as our responsibility to reduce our footprint and help minimize the impacts of our industry. With our commitment to SBTi, we are taking a next step to do just that.'
The commitment will be published on the SBTi website on 6 March 2025.
More information on our decarbonisation journey will be included in the Company's 2024 Integrated Report, which is set to be released on 5 March 2025.
- xxx -
IMCD N.V. based in Rotterdam, The Netherlands, is a leading global distribution partner and formulator of speciality chemicals and ingredients. IMCD is an expert solutions provider and adds sustainable value to the supply chain. Every day professionals focus on providing the best service through commercial and operational excellence. The company is mindful of the role they play in creating a better planet for all and formulates with consciousness and executes with care, to address business challenges of tomorrow, in partnership and transparency.
In 2023, with over 4,700 employees, IMCD realised a revenue of EUR 4,443 million. IMCD N.V.'s shares are traded at Euronext, Amsterdam (symbol: IMCD) and included in the Dutch ESG AEX index, as one of 25 companies within the AEX and AMX indices demonstrating best ESG practices. For further information, please visit www.imcdgroup.com.
Media contact
IMCD Media Centremediarelations@imcdgroup.com
IMCD GroupMuriel Werlé Corporate Communications Director muriel.werle@imcdgroup.com
Attachment
IMCD NV_PR_SBTi Commitment_20250303
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 hours ago
- Yahoo
Indiana Secretary speaks on energy
TERRE HAUTE, Ind. (WTWO/WAWV) — Governor Mike Braun has recently appointed Suzanne Jaworowski as Secretary of Energy and Natural Resources. She said Hoosiers should be excited, not worried about the future. Jaworowski ran President Trump's 2016 campaign for Indiana and has served as Chief of Staff at the U.S. Department of Energy's Office of Nuclear Energy and the International Atomic Energy Agency in Austria. She said Governor Braun is currently focused on a reliable energy grid and affordability for Hoosiers, while keeping the state's natural resources healthy. However, she said this is a unique time with the demand for energy across the state. 'Right now, we are at an unprecedented, historic time for energy demand', Jaworowski said. 'Our energy needs are surging because of AI data centers, steel manufacturing, reshoring of manufacturing and industry, but also just our everyday electrification. Think about all of the things we plug in every single day and it's driving our need for electricity far more than we've ever had in our lifetime.' Jaworowski said that one of the governor's goals is to deploy nuclear energy in the state. She said it is the right time for everyone involved. 'Nuclear is large scale, always available, carbon free, clean electricity that will last for 80 to 100 years to come', Jaworowski said. 'It's extremely important for the state of Indiana to be able to deploy that energy source while we need it right now, while the federal government is helping to support the development of it and industry is ready to partner with us to help pay for it, which makes it much more affordable for Hoosiers.' Jaworowski also said Governor Braun has developed an executive order to do a state-wide water inventory and management plan. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
13 hours ago
- Yahoo
Tesla Delivery Estimates Cut at Oppenheimer Amid Key Market Weakness, Expected Removal of EV Credits
Tesla's (TSLA) deliveries in 2025 and 2026 will likely take a hit amid weakness in China and the Eur
Yahoo
14 hours ago
- Yahoo
Spotify Technology (NYSE:SPOT) Reports Sales Growth to €4.2 Billion
Spotify Technology saw its share price rise by nearly 34% over the last quarter. The major catalyst was the company's announcement of strong first-quarter earnings, reporting sales growth to EUR 4.19 billion and an increase in net income and earnings per share. This positive financial performance reinforced investor sentiment amidst robust market conditions, where major indices such as the S&P 500 have also posted gains. Spotify's confirmed revenue guidance for the upcoming quarter aligned well with overall market optimism, further supporting its share price growth, while its stagnant buyback activity had little effect on counterbalancing these upward movements. Buy, Hold or Sell Spotify Technology? View our complete analysis and fair value estimate and you decide. We've found 20 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The recent announcement of Spotify Technology's strong first-quarter earnings, reflecting sales growth to €4.19 billion, has reinforced its positive growth narrative. This signals potential revenue expansion as subscription growth in markets like Latin America and Asia Pacific continues. The company's focus on enhancing user engagement through AI, new monetization systems, and scaling product features could further bolster its earnings potential amid current market optimism. Over the longer term, Spotify's total shareholder return reached a very large value of 536.84% over three years, reflecting steady growth and investor confidence. When comparing its performance to the broader market or the entertainment industry over the last year, Spotify's one-year return exceeded the US Entertainment industry's return of 62% and surpassed the US Market's 11% return. This underscores its strength in navigating challenging market conditions. The positive market sentiment and strong financial performance could influence revenue and earnings forecasts. Analysts project substantial annual earnings growth of 25.4% over the next three years. The share price increase, in context to the consensus price target of US$666.48, suggests room for potential growth given the current share price of US$576.94 being 13.4% below the target. However, variance in analyst projections indicates varying expectations, emphasizing the importance of personal analysis aligned with individual expectations. Examine Spotify Technology's earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:SPOT. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
