Nordson Corporation Publishes Its 2023 Environmental, Social and Governance Report, Highlights Progress and Key Initiatives to Reduce Its Environmental Footprint

About this update from Nordson Corporation

[{"type":"text","content":" WESTLAKE, Ohio--(BUSINESS WIRE)--\nNordson Corporation (Nasdaq: NDSN) today published its 2023 Environmental, Social, and Governance (ESG) Report, carrying forward the strategies and commitments from its previous two ESG publications and providing updates on key initiatives and metrics. In alignment with Nordson’s Ascend strategy, and through close collaboration with regional experts at its global facilities, Nordson is making progress toward the development and implementation of strategic initiatives to achieve its climate-related targets.\n\n\n“ESG is a journey, and I am pleased with the foundation we are building to achieve our emissions reduction and clean energy targets. Our divisions are taking an Owner Mindset and identifying impactful manufacturing and facility improvements that reduce our environmental footprint, while delivering innovative technology solutions to our customers that support sustainable development. We also continue to foster an ethical, inclusive, and diverse culture that supports Winning Teams, invests in our communities, and prioritizes the safety of our employees. This report builds upon our proud history of innovation and action and reflects the ways in which we are making the world a better place for all those we serve,” said Sundaram Nagarajan, President and Chief Executive Officer of Nordson.\n\n\nNordson’s report includes its progress toward its climate-related targets, which include:\n\n\n\nAchieving a 50% reduction in net Scope 1 and Scope 2 CO2 emissions by 2030*\n\n\n\nAchieving net zero Scope 1 and Scope 2 CO2 emissions by 2050\n\n\n\nProcuring 70% of electricity from renewable sources by 2050\n*Based on a 2021 gross emissions baseline, adjusted for acquisitions/divestitures\n\n\n\nNordson’s data-driven approach ensures the Company remains focused on the priorities, projects, and initiatives that will make the biggest impact.\n\n\nIn 2023, Nordson marked two important ESG milestones on its journey. First, the former Governance and Nominating Committee of the Board of Directors was changed to the “Governance and Sustainability Committee” and tasked in its revised charter with formal oversight for ESG matters. Second, Nordson rolled out and began to execute on its climate framework strategy, which led to the emergence of several important environmental initiatives. Examples of these initiati...

More updates from Nordson Corporation