Stahl, a global name in specialty coatings for flexible materials, has released its 2024 Environmental, Social and Governance (ESG) Report. The report highlights the company’s latest achievements on its journey toward its 2030 ESG goals and shares how it continues to live its purpose of making a positive impact.
2024 turned out to be a milestone year for Stahl. The global specialty coatings company moved further toward becoming both a market and sustainability leader.
Stahl’s CEO, Maarten Heijbroek, said the company not only grew its packaging coatings business by acquiring Weilburger Graphics, but also took a bold step by exiting its wet-end leather chemicals division.
One of the major wins for the company in 2024 was its strong progress on climate goals. Stahl cut its direct emissions by 39% and indirect emissions from purchased goods and services by 31%, compared to 2021.
These reductions are part of the company’s efforts to meet its Science Based Targets initiative (SBTi) commitments.
In places like Italy and Mexico, Stahl installed solar water heaters to help bring down energy use. At the same time, the company ensured that nearly all of its leather finishing products now meet the highest compliance standards under the ZDHC Gateway.
More than half of Stahl’s 2024 revenue (excluding packaging coatings) came from water-based products. On top of that, hundreds of Stahl products now include life cycle or carbon footprint data.
On the people side, Stahl took steps to grow its workforce with a focus on diversity and fairness. More women are now in leadership roles.
The company also launched training programs to promote workplace equity and leadership skills. And in a key achievement, Stahl earned the Living Wage certification, confirming that it pays fair wages across all its global operations.
Safety and employee well-being continued to be top priorities, with new training and mentoring initiatives rolled out across the organization.
Read Stahl’s 2024 ESG Report in full here.
