As part of our overall sustainability strategy, Grace has targeted reducing the
energy intensity of our operations by 20% per pound of production by 2017. Starting
in 2010, we report progress toward that goal annually.
"The drive to reduce
our energy intensity
per pound of production
will make us more
innovative and enhance
our stewardship of
- Fred Festa, Chairman,
President and CEO
In its simplest form, sustainability is about maximizing our growth while minimizing
our impact on the environment and enhancing lives. It is about the programs we have
in place to ensure the safety of our employees and others who work in or live near
our plants. It is about putting innovative products in the market that our customers
can use safely while achieving their sustainability objectives. It is about giving
back to the communities in which we live and work. And it is about understanding
how we can better manage and minimize our environmental footprint.
As a company, Grace is constantly striving to be as productive as possible. Improved
productivity helps keep our cost structure competitive while delivering improved
products to our customers to help them enhance their competitiveness.
Grace uses 2007 as the base year against which the company measures progress. In that
year, we produced nearly 2 million tons of products and had carbon dioxide equivalent
emissions1 of around 1 million tons.
Through 2011, Grace’s energy intensity increased by 18%. The increase is attributable to reduced
production volumes, primarily in our low energy intensity products. Grace Davison, the company's
most energy intensive operating segment that accounts for 95% of all energy consumed by the company,
reduced its energy intensity by approximately 2% over the same period. Grace is committed to continue
working towards its energy intensity goal, as we believe doing so will drive innovation, productivity,
and enhance our stewardship of the environment.
|Total Carbon Dioxide Emissions
|Pounds of Carbon Dioxide Per
Pound of Production
|BTUs Consumed Per Pound of