Quaker Houghton Releases its 2024 Sustainability Report | KWR Stock News

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Apr 23, 2025
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  • Quaker Houghton (KWR, Financial) achieved a 7% reduction in Scope 2 greenhouse gas emissions in 2024.
  • 76% of Quaker Houghton's global electricity is sourced from renewable or zero carbon sources.
  • The company eliminated over 23,000 metric tons of waste in 2024 and improved safety for the fifth consecutive year.

Quaker Houghton (KWR), a global leader in industrial process fluids, has released its 2024 Sustainability Report, detailing significant environmental and operational achievements. A key highlight of the report is a 7% reduction in Scope 2 greenhouse gas emissions compared to 2023, illustrating the company's commitment to reducing its carbon footprint.

In a notable move towards sustainability, Quaker Houghton reported that 76% of its global electricity consumption now comes from renewable or zero carbon sources. This shift is part of the company's broader strategy to align with its sustainability goals and improve operational efficiency.

Furthermore, the company successfully eliminated over 23,000 metric tons of waste at QH FLUIDCAREâ„¢ partner locations in 2024, contributing to a total reduction of over 70,000 metric tons since 2022. This achievement underscores its efforts to minimize industrial waste and enhance resource management.

Quaker Houghton also emphasized employee development, evidencing a 75% increase in average training hours compared to 2023. Additionally, the company has documented an improvement in recordable incidents (TRIR) for the fifth consecutive year, affirming their commitment to workplace safety under the "Life Safe" core value.

CEO Joseph Berquist reiterated the company's dedication to sustainability and data-driven decision-making to align with enterprise strategy and stakeholder needs. The company's accomplishments have been recognized with the EcoVadis Silver Award, underscoring its momentum in sustainability efforts.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.