Syensqo announced its first One Planet target for Nature, focusing on water stewardship. To meet this new goal and mitigate the impact on water quality, the company is said to concentrate efforts on 15 key sites.
According to a release, Syensqo is dedicated to achieving a 20% average reduction in Fresh Water Intake by 2030 compared to 2021 at sites exposed to water availability challenges. This goal is said to translate to a reduction of more than 7 million cubic meters of fresh water intake.
Titta Rosvall-Puplett, Syensqo’s chief sustainability officer explained, “Water-related issues are a critical component of climate change, impacting floods, sea levels, ice fields, wildfires, and droughts. With over 2 billion people lacking access to clean water and only 0.5% of Earth's water being usable freshwater, sustainable water management is essential. Water quality is equally important for health and ecosystem preservation. By addressing water scarcity and strengthening water effluent management, Syensqo aims to contribute to climate change mitigation and build societal and ecosystem resilience.”
Syensqo will equip the 15 targeted sites with comprehensive water stewardship plans to address both water quantity and quality-related risks and impacts while aligning with the company's growth ambitions.
According to the company, Syensqo has achieved a 12 Mm³ decrease in fresh water intake in 2023 compared to 2021.
