2012-10-17 13:19:02 -
Geneva, October 17, 2012 - The World Business Council for Sustainable
Development (WBCSD) today announced that Eastman Chemical Company has joined its
membership. The company will be closely involved with the WBCSD's new Chemical
Sector, "Reaching Full Potential" project.
Eastman produces a broad range of advanced materials, additives and functional
products, specialty chemicals, and fibers, and serves customers in approximately
100 countries. Sustainability is essential to Eastman, as the company strives to
do business by creating value through environmental stewardship, social
responsibility and economic growth, now and for future generations.
Peter Bakker, President, WBCSD said: "I am thrilled that we can launch our new
project with one of the global leaders in the chemicals sector. Having Eastman
on board will greatly benefit and enrich the work we do. Their sustainability
robust and extensive, taking in the three pillars of sustainability."
"Eastman's growth depends on integrating sustainability across everything we do,
from product development and process improvement, to strategic acquisitions and
our continued stewardship of the earth's valuable resources," said Jim Rogers,
Eastman's Chairman and CEO. "Through WBCSD membership, we will be collaborating
with other leading corporations to advance sustainability across our value
chains and the world."
Eastman will be represented at the WBCSD by its Senior Vice President and Chief
Regional and Sustainability Officer, Godefroy Motte. The WBCSD Liaison Delegate
is Anne Kilgore, Director of Sustainability.
"We are proud to be joining WBCSD, the leading organization for advocating
corporate sustainability," said Motte. "Our vision at Eastman is to be
recognized for a deep rooted commitment to sustainability and our collaboration
with WBCSD will meaningfully enhance that commitment. We look forward to
contributing our thinking and ideas, while learning from others through the
One of its first areas of focus as a WBCSD member is the Chemical Sector
project's Avoided Emissions work, which Eastman has joined. WBCSD, in
conjunction with the International Council of Chemical Associations (ICCA), will
develop case studies applying best-practices to account for and report on
emissions avoided through the use of chemical products. For the chemical
industry, this will be an important demonstration of the positive contribution
of its solutions to solving the climate change challenge.
About the World Business Council for Sustainable Development (WBCSD)
The World Business Council for Sustainable Development is a CEO-led organization
of forward-thinking companies that galvanizes the global business community to
create a sustainable future for business, society and the environment. Together
with its members, the Council applies its respected thought leadership and
effective advocacy to generate constructive solutions and take shared action.
Leveraging its strong relationships with stakeholders as the leading advocate
for business, the council helps drive debate and policy change in favor of
sustainable development solutions.
The WBCSD provides a forum for its 200 member companies - who represent all
business sectors, all continents and a combined revenue of more than $7 trillion
- to share best practices on sustainable development issues and to develop
innovative tools that change the status quo. The Council also benefits from a
network of 60 national and regional business councils and partner organizations,
a majority of which are based in developing countries. www.wbcsd.org
About Eastman Chemical Company
Eastman is a global specialty chemicals company that produces a broad range of
advanced materials, additives and functional products, specialty chemicals and
fibers that are found in products people use every day. As a world leader in the
diverse markets it serves, Eastman is focused on delivering innovative and
technology-based solutions while maintaining its commitment to safety and
sustainability. Serving customers in approximately 100 countries, Eastman had
2011 pro forma revenues, giving effect to the Solutia acquisition, of
approximately $9.3 billion. The company is based in Kingsport, Tenn., USA, and,
with the completion of the Solutia acquisition, now employs approximately
13,500 people around the world. For more information about Eastman, visit
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Source: Eastman Chemical Company via Thomson Reuters ONE