Quaker Houghton Releases its 2024 Sustainability Report

Rhea-AI Summary

Quaker Houghton (NYSE: KWR) has released its 2024 Sustainability Report, showcasing significant environmental and operational achievements. The global industrial process fluids leader reported a 7% reduction in Scope 2 greenhouse gas emissions compared to 2023 and eliminated over 23,000 metric tons of waste in 2024 at QH FLUIDCARE™ partner locations.

Key highlights include:

• 76% of global electricity sourced from renewable or zero carbon sources
• 75% increase in average employee training hours from 2023
• Continued improvement in recordable incidents for the fifth consecutive year
• Achievement of 90% of internal sustainability goals
• EcoVadis Silver Award recognition

CEO Joseph Berquist emphasized the company's commitment to sustainability and data-driven decision-making to align with enterprise strategy and stakeholder needs.

CONSHOHOCKEN, Pa., April 23, 2025 /PRNewswire/ -- Quaker Houghton (NYSE: KWR), the global leader in industrial process fluids, today announced the release of its 2024 Sustainability Report. The report details the Company's commitment to sustainability, and the progress made using its industry leading portfolio of products and services and data to See Beyond^TM and lead our industry to stay ahead in a changing world.

Joseph Berquist, Chief Executive Officer and President commented, "Sustainability remains core to Quaker Houghton and how we operate. The significant progress made in 2024 highlights our commitment and ability to adapt, while continuing to move the world forward safely and sustainably.  I am proud of the advancements we have made, and the external validation of this momentum, including once again achieving the EcoVadis Silver Award. Moving forward, we will continue to make data-driven decisions to inform and assess our ambitions, to best align with our enterprise strategy and the needs of our customers, Company and communities in which we operate."  

Quaker Houghton's 2024 Sustainability Report details the progress the Company has made, including achieving 90% of its internal goals, and its unwavering commitment to its ongoing sustainability journey.  Highlights from report include:

• Achieved a 7% reduction in Scope 2 greenhouse gas emissions, compared to 2023
• Eliminated more than 23,000 metric tons of waste in 2024 at QH FLUIDCARE™ partner locations, and over 70,000 metric tons since 2022
• 76% of our global electricity consumption is sourced from renewable or zero carbon sources
• 75% increase in average hours of employee training, compared to 2023
• Delivered an improvement in recordable incidents (TRIR) for a 5th consecutive year, building on our "Life Safe" core value

Click here to view more information or to read our 2024 Sustainability Report.

About Quaker Houghton:
Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,400 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.

View original content to download multimedia:https://www.prnewswire.com/news-releases/quaker-houghton-releases-its-2024-sustainability-report-302435834.html

SOURCE Quaker Houghton

FAQ

What sustainability goals did Quaker Houghton (KWR) achieve in 2024?

Quaker Houghton achieved 90% of its internal sustainability goals, including 7% reduction in Scope 2 emissions, elimination of 23,000 metric tons of waste, and sourcing 76% of electricity from renewable sources.

How much did Quaker Houghton (KWR) reduce its greenhouse gas emissions in 2024?

Quaker Houghton achieved a 7% reduction in Scope 2 greenhouse gas emissions compared to 2023.

What percentage of Quaker Houghton's (KWR) electricity comes from renewable sources?

76% of Quaker Houghton's global electricity consumption is sourced from renewable or zero carbon sources.

How much waste did Quaker Houghton (KWR) eliminate through its FLUIDCARE program?

Quaker Houghton eliminated over 23,000 metric tons of waste in 2024 and more than 70,000 metric tons since 2022 through QH FLUIDCARE™ partner locations.

What safety improvements did Quaker Houghton (KWR) report in 2024?

Quaker Houghton delivered an improvement in recordable incidents (TRIR) for the fifth consecutive year, supporting their 'Life Safe' core value.