Sensient Technologies Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Sensient Technologies Corporation disclosed greenhouse gas emissions of 212.1K tCO2e/year. By scope: Scope 1: 156.6K tCO2e/year; Scope 2: 55.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
212.1K tCO2e/year
2023
⚡
Renewable Energy
Approximately 1%
of total energy
💧
Water Usage
3.5M m3/year
2023
♻️
Waste
46.7K tons/year (non-hazardous); 553 tons/year (hazardous)
2023
⚙️
Energy Use
Approximately 3,058,000 GJ
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).156.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.55.5K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce scope 1 emissions through equipment and production efficiency improvements; aim for at least 30% reduction by 2030.
  • Develop a formal internal emissions accounting policy and begin the assessment of scope 3 emissions.

📅 Medium-term

  • Electrify fuel-powered equipment where technologically and financially feasible.
  • Increase share of electrical power consumed from renewable sources when available and cost-effective.
  • Collect auditable sustainability data and perform assessments on the suppliers that represent between 75-90% of our total spend by 2030.

🔭 Long-term

  • Utilize point-of-emission carbon capture technology (when commercially available).
  • Reduce carbon intensity of scope 1 and scope 2 greenhouse gas emissions by 30% by 2030 (Baseline 2020)
  • Reduce overall water withdrawal by 30% by 2030 (Baseline 2020)
  • Reduce water withdrawal intensity by 30% in areas categorized as having high or extremely high water stress levels by 2030 (Baseline 2020)
  • Increase average landfill diversion to 75% by 2030

🌱 ESG Focus Areas

DecarbonizationWater StewardshipWaste ReductionSustainable Supply ChainSustainable Product Design

⚠️ Challenges & Risks +

  • Challenges in reducing greenhouse gas emissions due to reliance on gas-powered dryers and dependence on developments outside of Sensient's control (e.g., electric dryers, renewable power grid, carbon capture technology).
  • Increased compliance and reporting costs due to new regulations (e.g., EU’s Corporate Sustainability Reporting Directive, California’s climate bills, SEC regulations).
  • Water stress in certain regions impacting water withdrawal.
  • Supply chain disruptions and risks related to raw material sourcing (e.g., palm oil, mica).

📋 Report Information

Reporting Period: 2023
Frameworks: SASB, TCFD