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Singapore's DyStar reduces GHG emissions, wastewater by over 30%

23 Aug '23
3 min read
Pic: DyStar
Pic: DyStar

Insights

  • DyStar has reduced its GHG emission and wastewater production intensity by over 30 per cent since 2011, with reductions of 45 per cent in GHG emissions and 52 per cent in wastewater intensity.
  • The company's sustainability report also highlighted a 5.8 per cent reduction in operating costs.
  • DyStar's initiatives reflect progress toward its 2025 targets.
Singapore’s DyStar, a leading specialty chemical company, has announced that it has successfully reduced its environmental footprint in greenhouse gas (GHG) emission intensity and wastewater production intensity by more than 30 per cent, compared to the baseline year 2011. One of the world’s leading global manufacturers and suppliers, its business strategies have proven their effectiveness and delivered significant progress toward its 2025 targets.

More specifically, DyStar’s Scope 1 and Scope 2 GHG emissions intensity was 45 per cent lower (tCO2e per ton production) than the baseline year 2011, with a totalled GHG emission of 56.91 thousand tCO2e. This is also 9 per cent lower when compared to fiscal (FY) 2021. Similarly, for wastewater production intensity, DyStar achieved a 52 per cent reduction compared to baseline year 2011, and a 24 per cent reduction from FY 2021, according to DyStar’s 13th annual Integrated Sustainability Report.

There were other key highlights and value-adds when compared to FY 2021. The results of production efficiency and streamlining manufacturing indirectly contributed to the reduction of 5.8 per cent in operating costs.

Apart from ensuring quality suppliers through DyStar’s internal audit, DyStar’s efforts towards environmental performance and climate impacts with the Institute of Public & Environmental Affairs (IPE) were recognised and it ranked second by industry on IPE’s Green Supply Chain Corporate Information Transparency Index (CITI).

The innovative Cadira modules continue to support the supply chain with a lower carbon footprint. The full launch of DyStar University (DSU), a proprietary LMS, supports the learning and development of employees globally.

DyStar’s culturally diverse workforce organised a variety of activities and events in support of its global community and made a total contribution of $128,946 to various corporate social responsibility (CSR) programmes.

Despite the harsh economic headwinds, these figures further demonstrated the effectiveness of DyStar’s initiatives that were installed throughout the reporting year. DyStar maintains a cautious yet optimistic outlook on its global performance.

“The report clearly showcases DyStar’s unwavering dedication to sustainability, reaffirming its role as both a manufacturer and supplier of innovative solutions in this field. DyStar’s value-creation model will continue to support our stakeholders, including brands and retailers, direct customers, and producers in their pursuit for a sustainable quality product that can help them save valuable resources as well as being climate-impact compliant,” said Xu Yalin, managing director and president of DyStar Group.

The sustainability report is prepared in accordance with the updated GRI Standards 2021: Core Options. Despite the challenging business landscape and economic situations, DyStar remains committed to delivering tangible values that the group has strategically created through the six major capitals, using the Integrated Reporting <IR> framework, added the release.

Fibre2Fashion News Desk (NB)

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