Pittsburgh-based Koppers, a provider of treated wood products, wood treatment chemicals, and carbon compounds, recently released its first climate report.
The report supplements Koppers 2022 Corporate Sustainability Report and details the company’s strategic plans to advance a climate-forward culture, enhance emissions reduction efforts, and mitigate climate risk by strengthening resilience and adaptive capacity.
The report was prepared in accordance with the Task Force on Climate-related Financial Disclosures (TCFD), a globally recognized reporting mechanism for disclosing climate-related risks and opportunities.
“Reporting in alignment with TCFD bolsters our ongoing commitment to our Sustainability goals in the areas of People, Planet and Performance,” Leslie Hyde, Koppers chief sustainability officer, said. “It also represents an important step for Koppers as we move forward with mitigating the implications of climate change and bringing additional sustainable opportunities to our business operations. Our intent remains to expand Koppers current level of climate action and increase transparency with relevant stakeholders, industry peers, and investors.”
Koppers made progress in several climate-related areas throughout 2022 including engaging in its first climate analysis. The analysis assessed both transition and physical risks across global operations.
The company also increased renewable energy consumption and reduced Scope 1 and 2 emissions by 49.5 percent since 2007.