Activities of Regional Headquarters Sun Chemical’s Activities

Myron Petruch

Collaborating and cooperating with colleagues to make progress toward addressing climate change and social imperatives

President and CEO
Sun Chemical Corporation
Myron Petruch

Realizing a Sustainable Society through the Achievement of a Significant Reduction in Greenhouse Gas Emissions

Validated by the Science Based Targets initiative (SBTi),* Sun Chemical is committed to: (1) reducing greenhouse gas emissions 27.5% by 2030 relative to the 2019 base year, (2) lowering greenhouse gas emissions from capital goods, fueland energy-related activities, upstream transportation and distribution, waste generated in operations and end-of-life treatment of sold products 13.5% by 2030 from the 2019 base year, and (3) working so that 80% of its suppliers by spend, covering purchased goods and services, will have sciencebased targets by 2027.

The DIC Group has set a target of reducing CO₂ emissions (Scope 1 and 2) by 50% from the fiscal year 2013 level by fiscal year 2030 and of achieving carbon neutrality by fiscal year 2050. This will be accomplished by transitioning to green power—including both purchased and generated on-site—and advancing fossil fuel reductions, mainly through energyefficiency improvements.

  • The SBTi is a partnership that encourages companies to set science-based greenhouse gas emissions reduction targets that are in line with the goal of the Paris Agreement.

Strengthening Development of Sustainable Products Based on DIC Vision 2030

Sustainable product development at Sun Chemical is defined as the design of products or processes that reduce greenhouse gas emissions related to climate change, conserve virgin resources and/or lower the accumulation of waste compared to conventional products or processes they replace. In line with DIC Vision 2030, Sun Chemical uses the “5Rs” (reuse, reduce, renew, recycle and redesign) to align its sustainability practices through product development and supplier collaborations. These approaches span all our business units—inks, coatings, adhesives, color materials and advanced materials—and guide the way we develop, manufacture and distribute products.
To further strengthen sustainable product development, Sun Chemical utilizes EcoVadis,* a third-party provider of sustainability ratings, to score its suppliers. More than 71% of suppliers (by addressable spend) are now on the EcoVadis platform. Sun Chemical requires its suppliers to address any deficiencies identified by EcoVadis.

  • EcoVadis SAS is a French company that evaluates the supply chain sustainability of companies in 160 countries.

Further Expanding the Scope of Efforts to Address Social Imperatives as a Market Leader

Sustainability is nothing new at Sun Chemical. For over a decade, Sun Chemical has shown its commitment and market leadership. With a cohesive strategy focused on operations, products and services, and collaboration, as well an organizational framework positioned around the 5Rs approach, Sun Chemical has continued to strengthen its message and advance its portfolio of enabling solutions in the marketplace to be the clear sustainability partner of choice.

Sharing Ideas and Working Together Closely as “One Company”

Sun Chemical’s actions in sustainability also allow for furthering the idea of “One Company” throughout the DIC Group. Sharing ideas across regions and collaborating on projects are a way to highlight the commitment to global sustainability and local diversity. Through this approach, both Sun Chemical and the overall DIC Group are stronger as an organization.

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