[pageLogInLogOut]

#Sustainability

DyStar releases 2021 – 2022 Integrated Sustainability Report

© 2022 Dystar
DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation is pleased to announce the release of its twelfth annual Sustainability Performance Report. The report is prepared in accordance with the updated GRI Standards 2021: Core option. DyStar continues to adopt the Integrated Reporting framework to communicate how the group has successfully created tangible value across multiple stakeholder groups in six major capitals.

DyStar is delighted to report that we have inched ourselves closer to some of our 2025 target of reducing our environmental footprint by 30% for every ton of product, from 2011 levels. While on others, we are working diligently to make more improvements. Here are some key highlights for FY2021:

  • Recorded more than 29% increase in revenue compared to 2020
  • Zero workplace fatalities, high-consequence injuries, and work-related ill health
  • 40% reduction in Greenhouse gas (GHG) emission intensity, compared to 2011
  • 37% decrease in wastewater emission intensity, compared to 2011

Mr. Xu Yalin, Executive Board Director of DyStar Group said, “As a leading specialty chemical manufacturer and producer, DyStar will continue to invest responsibly into product innovation and diversify into renewable energy, to drive sustainable outcomes across our value chain and industries.”





Mr. Eric Hopmann, CEO of DyStar Group remarked, “We remain cautiously optimistic about the company’s financial and environmental performance. The integrated value creation model that we began in 2020 has proven to be effective and will continue to support our efforts toward DyStar’s 2025 Sustainability Master Plan.”

The Group was able to remain resilient and steer itself toward optimistic growth and recovery from the global pandemic in FY2021. In face of recent geopolitical events and macroeconomic factors such as soaring energy costs, DyStar and the wider supply chain will continue to face challenges. As a result, we believe it is crucial to stay committed to our 2025 Sustainability goals to continue generating value for all of our stakeholders in the longer term, well beyond these turbulent times.

The report communicates DyStar’s progress towards its sustainability agenda and material topics. As part of our commitment to environmental sustainability, only an e-magazine and a PDF version will be made available for download from

http://www.DyStar.com/sustainability-reports/


More News from DyStar Singapore Pte Ltd

More News on Sustainability

#Sustainability

Experts publish APAC policy priorities

Cascale today announced the publication of its APAC Policy Priorities Paper, developed by the Asia-Pacific (APAC) Policy Member Expert Team (MET) to identify key regional sustainability challenges and provide practical, aligned recommendations for policymakers and industry stakeholders across Asia-Pacific.

#Sustainability

GOTS version 8.0 released: advanced supply chain accountability, from fibre to finished product

Global Standard is pleased to announce the release of GOTS Version 8.0, the latest update to the world's leading processing standard for organic textiles. The updated Standard strengthens requirements for air emissions and waste management, as well as criteria for product safety. It introduces new provisions on circularity, microfibre management and updates in residue testing. Version 8.0 also elevates due diligence obligations and formalises governance requirements, including ESG disclosure, anti-corruption policies and conflict-of-interest safeguards, to support credible, responsible business conduct.

#Sustainability

The nova-Institute establishes new Renewable Feedstock Department to lay the groundwork for industrial defossilisation

The transition from fossil-based to renewable carbon – sourced from biomass, CO₂ utilisation and recycling – is the cornerstone of a climate-neutral chemical industry. The nova-Institute’s new department is dedicated to providing the essential data, analyses and strategic roadmaps required to secure a reliable future feedstock supply and make this transition a commercial and ecological reality.

#Sustainability

Textile Exchange unveils commitment-based pathway for members to accelerate responsible raw material production

Textile Exchange has unveiled further details about its new membership structure, designed to guide the fashion, textile, and apparel industry in a collective course of action toward preferred production systems for raw materials and fibers.

Latest News

#Europe

Commission presents proposal for EU Inc. - unlocking the full potential of the Single Market for Europe's entrepreneurs

Today, the European Commission presented its proposal for EU Inc., a new single set of corporate rules, building the cornerstone and starting point for the EU's 28th regime. EU Inc. is an optional, digital-by-default European corporate framework. It will make it easier for businesses to start, operate and grow across the EU – incentivising them to stay in Europe, and encourage those who once looked elsewhere to return.

#Man-Made Fibers

OnceMore® from Södra brings end-to-end traceability for circular Man-made Cellulosic Fibers (MMCF) using TextileGenesis

OnceMore® from Södra, the world’s first large-scale process for recycling blended fabrics into high‐quality dissolving pulp, will begin using TextileGenesis, a Lectra company, to strengthen traceability from raw material to retail across the value chain. OnceMore® produces dissolving pulp made from blended textile waste and wood sourced from responsibly managed Swedish forests. By integrating TextileGenesis, OnceMore® supports the growing need for verified data and secure, transparent tracking throughout increasingly complex supply chain.

#Spinning

Temco launches a new DTY all-in-one solution

Temco introduces the DTY All-in-One Solution – a fully harmonized set of components engineered to give customers a highly stable, low maintenance and reproducible process environment. The solution reduces interruptions, extends component lifetimes and supports consistent yarn quality across all machine positions. All-in-One Solution – a fully harmonized set of components engineered to provide maintenance and reproducible process environment.

#Knitting & Hosiery

SHIMA SEIKI announces partnership with CLO Virtual Fashion

Leading computerized flat knitting innovator SHIMA SEIKI MFG., LTD. of Wakayama, Japan is partnering with digital garment solutions provider CLO Virtual Fashion of Seoul, South Korea for the integration of technology in garment design and simulation.

TOP