Details Progress in Alignment with
This report supplements Koppers 2022 Corporate Sustainability Report and details the company's strategic plans to mitigate climate risk by strengthening resilience and adaptive capacity, enhancing emissions reduction efforts, and advancing a climate-forward culture that reduces risks to both our business and our stakeholders.
"Reporting in alignment with TCFD bolsters our ongoing commitment to our Sustainability goals in the areas of People, Planet and Performance. 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," said Koppers Chief Sustainability Officer,
Throughout 2022, Koppers made meaningful progress across a number of climate-related areas including: engaging in its first climate analysis, which assessed both transition and physical risks across global operations; realizing a 49.5% reduction in Scope 1 and 2 emissions since 2007; conducting a Scope 3 screening; and increasing renewable energy consumption.
Koppers will continue to use the TCFD recommendations to inform its efforts while acknowledging that climate scenario analysis is a relatively new and rapidly evolving area. As such, while the company stands behind its initial reporting using the TCFD as a reporting framework for climate disclosure, it also recognizes that data, methodology, and scenarios will continue to develop in the years to come.
The inaugural Koppers Climate Report can be viewed here.
Koppers, with corporate headquarters in
For more information, visit: www.koppers.com. Inquiries from the media should be directed to Ms. Jessica Franklin Black at BlackJF@koppers.com or 412-227-2025. Inquiries from the investment community should be directed to Ms. Quynh McGuire at McGuireQT@koppers.com or 412-227-2049.
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