Environmental, Social And Governance Report

Overview

The report describes Westlake's 2021 transformation through four acquisitions valued at $3.8 billion, adding approximately 7,000 employees and expanding its sustainable products portfolio. The company completed a coordinated multi-stakeholder materiality assessment identifying 14 priority ESG topics. Sustainability oversight sits with the Corporate Risk and Sustainability Committee of the Board of Directors. The report also documents a 14.75% reduction in Scope 1 and Scope 2 carbon intensity from the 2016 baseline and a 2030 target for a further 20% reduction per ton of production.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2021
Period: 1 January 2021 – 31 December 2021
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Ratings

GRI level

Materiality

Assessment
Basis
Matrix

Assurance

Statement included

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