Happi Staff11.04.20
Stepan Company is making headlines for its sustainability efforts. The Wall Street Journal recently released its list of the most sustainably-managed companies in the world and Stepan is ranked No. 45 among the 5,500 publicly traded businesses assessed—third among chemical manufacturers.
The assessment includes more than 5,500 publicly traded businesses that were evaluated on an array of sustainability criteria including business model and innovation, external social and product issues, employee and workplace issues, and the environment. The ranking methodology also considered Stepan’s leadership and governance practices, and how those create long-term shareholder value.
“The Wall Street Journal ranking is truly a recognition of the hard work, integrity and leadership of Stepan’s management and employees,” said Jason Keiper PhD, chief technology and sustainability officer, Stepan. “We are proud to provide essential and sustainable products that support our customers and society, including those for cleaning and disinfection, energy-saving insulation, and agriculture and safe food supply. Stepan Company is strengthening its commitment to sustainability and creating long-term stakeholder value, and we are excited to develop new products and partnerships that will reflect the positive impact of what we do and how we do it.”
According to Stepan, sustainability is a core value that is incorporated into the company's daily actions, how it innovates and how it operates its business and production facilities. The company says it strives to provide greater transparency and communication of its sustainability efforts while continuing to form strategic partnerships and work to meet targets based on material issues identified for iindustry by the Sustainability Accounting Standards Board (SASB). Stepan's focus on four sustainability priorities — Investing in People, Efficiency for the Planet, Advantageous Products, and Responsible Practices — guide its efforts to deliver products that support its customers' needs and align with global goals for a more sustainable planet.
The assessment includes more than 5,500 publicly traded businesses that were evaluated on an array of sustainability criteria including business model and innovation, external social and product issues, employee and workplace issues, and the environment. The ranking methodology also considered Stepan’s leadership and governance practices, and how those create long-term shareholder value.
“The Wall Street Journal ranking is truly a recognition of the hard work, integrity and leadership of Stepan’s management and employees,” said Jason Keiper PhD, chief technology and sustainability officer, Stepan. “We are proud to provide essential and sustainable products that support our customers and society, including those for cleaning and disinfection, energy-saving insulation, and agriculture and safe food supply. Stepan Company is strengthening its commitment to sustainability and creating long-term stakeholder value, and we are excited to develop new products and partnerships that will reflect the positive impact of what we do and how we do it.”
According to Stepan, sustainability is a core value that is incorporated into the company's daily actions, how it innovates and how it operates its business and production facilities. The company says it strives to provide greater transparency and communication of its sustainability efforts while continuing to form strategic partnerships and work to meet targets based on material issues identified for iindustry by the Sustainability Accounting Standards Board (SASB). Stepan's focus on four sustainability priorities — Investing in People, Efficiency for the Planet, Advantageous Products, and Responsible Practices — guide its efforts to deliver products that support its customers' needs and align with global goals for a more sustainable planet.
