Energy Efficiency, GHG Emissions, Industrial  -  September 4, 2024

Rinchem Receives SBTi Approval

Rinchem Company, LLC, a global chemical management solutions company,  announced the approval of its science-based targets by the Science Based Targets initiative (SBTi). 

The company commits to lowering absolute Scope 1 and 2 GHG emissions by 54.6% by 2033 from a 2022 base year. The target reflects a significant reduction in emissions from Rinchem's operations, including energy use and transportation.

Rinchem is also committed to reducing absolute Scope 3 GHG emissions from upstream transportation and distribution by 32.5% within the same timeframe. This acknowledges the impact of Rinchem's supply chain and demonstrates its commitment to working with partners to achieve sustainability goals throughout the value chain.

The company also reaffirms its commitment to reaching net-zero greenhouse gas emissions across its value chain by 2050. These long-term targets are still under development.

"We are honored to have our near-term targets officially approved by the Science Based Targets initiative, as it reflects our deep commitment to sustainability and responsible business practices," said Melody Moore, Rinchem's Director of Quality and EH&S, in a statement. "These ambitious targets are not just about reducing our environmental impact—they are about leading our industry toward a more sustainable future."

The company’s science-based targets are designed to meet regulatory requirements while also supporting its customers' sustainability goals. As industries such as semiconductors, pharmaceuticals and solar continue to prioritize environmental responsibility, Rinchem's leadership in sustainability strengthens its position as a trusted partner. 

In addition to its SBTi-approved targets, Rinchem's sustainability strategy includes several key initiatives aimed at further reducing its environmental footprint:

• Energy Efficiency Improvements: Implementing energy-saving technologies and practices to reduce energy consumption across operations.
• Renewable Energy: Researching the use of renewable energy sources to power Rinchem's facilities and operations.