{"id":390514,"date":"2020-12-01T08:03:46","date_gmt":"2020-12-01T13:03:46","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390514"},"modified":"2020-12-01T08:03:46","modified_gmt":"2020-12-01T13:03:46","slug":"eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/","title":{"rendered":"Eastman takes on global challenges through ambitious sustainability agenda"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <i>Materials innovator releases 2020 sustainability report and announces 2030 commitments<\/i>\n      <\/p>\n<p>\n        <span class=\"xn-location\">KINGSPORT, Tenn.<\/span>, <span class=\"xn-chron\">Dec. 1, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2995713-1&amp;h=692593697&amp;u=https%3A%2F%2Fwww.eastman.com%2FPages%2FHome.aspx&amp;a=Eastman\" rel=\"nofollow noopener noreferrer\">Eastman<\/a> (NYSE:EMN) announced ambitious 2030 sustainability commitments Tuesday in tandem with the publication of its 2020 sustainability report. The report highlights the company&#8217;s commitment to sustainable innovation and establishes goals to address three difficult, long-term and potentially devastating challenges that will affect our rapidly growing population: climate change, the plastic waste crisis and social inequities.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1344753\/Eastman_Sustainability_Report.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1344753\/Eastman_Sustainability_Report.jpg\" title=\"As a materials innovator, Eastman is uniquely positioned to address challenges and to help create solutions that serve everyone through this Better Circle approach.\" alt=\"As a materials innovator, Eastman is uniquely positioned to address challenges and to help create solutions that serve everyone through this Better Circle approach.\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p \/>\n<p \/>\n<div id=\"divReleaseHighlight8875\">&#8220;We can create solutions that help to solve the climate and plastic waste crises.&#8221;<\/div>\n<p>&#8220;Through process, systems and material innovations, we can create solutions that help to solve the climate and plastic waste crises while introducing products to market to care for an ever-growing population,&#8221; said <span class=\"xn-person\">Mark Costa<\/span>, Eastman Board Chair and CEO. &#8220;We think of it as innovating for <b>A Better Circle<\/b>.&#8221;<\/p>\n<p>As a materials innovator, Eastman is uniquely positioned to address these challenges and to help create solutions that serve everyone. Through this Better Circle approach, the company intends to:<\/p>\n<p>\n        <b>Mitigate climate change<br \/><\/b>Eastman has a responsibility to continuously improve its operational footprint. The company supports the Paris Agreement and in alignment with it, Eastman is committing to achieve carbon neutrality by 2050.<\/p>\n<p>\n        <i>2030 commitment:<\/i>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <i>Reduce absolute greenhouse gas scope 1+2 emissions by one-third by 2030 to achieve carbon neutrality by 2050.<\/i>\n        <\/li>\n<li>\n          <i>Innovate to provide products that enable energy savings and greenhouse gas emissions reductions down our value chains and at the consumer level.<\/i>\n        <\/li>\n<\/ul>\n<p>\n        <b>Mainstream circularity<br \/><\/b>Eastman is contributing to a circular economy.\u00a0For Eastman, that means keeping plastic waste out of landfills and the environment through recycling innovations that convert waste to materials thereby reducing the use of fossil feedstocks.<\/p>\n<p>\n        <i>2030 commitments:<\/i>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <i>Recycle more than 500 million pounds of plastic waste annually via molecular recycling technologies, with a 2025 commitment to recycle more than 250 million pounds of plastic waste annually through these technologies.<\/i><br \/>\n          <i>\u00a0<\/i>\n        <\/li>\n<li>\n          <i>Catalyze improvement of the recycling system by continuing to expand capabilities to recycle more complex products and by participating in initiatives and collaborations to drive increased collection.<\/i>\n        <\/li>\n<\/ul>\n<p>\n        <b>Care for society <br \/><\/b>Eastman&#8217;s business begins and ends with people. By working from the inside out to ensure its employee population mirrors the world&#8217;s population in its diverse make-up and aligning its external partnerships and support with its key impact areas, Eastman will contribute to creating a more equitable society.<\/p>\n<p>\n        <i>2030 commitments:<\/i>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <i>Achieve gender parity in alignment with commitment to Paradigm for Parity<\/i><br \/>\n          <i><br \/>\n            <sup>\u00ae<\/sup><br \/>\n          <\/i><br \/>\n          <i>.<\/i>\n        <\/li>\n<li>\n          <i>Be a leader for racial equity within our industry.<\/i>\n        <\/li>\n<li>\n          <i>Drive new product innovations that advance soutions for society&#8217;s most pressing needs while ensuring product safety and transparency.<\/i>\n        <\/li>\n<\/ul>\n<p>As part of the company&#8217;s dedication to achieving its 2030 commitments, Eastman has released its 2020 sustainability report. The report is a transparent look into progress the company made on its 2020 goals and a roadmap of how it intends to achieve its 2030 agenda.<\/p>\n<p>&#8220;Our sustainability strategy builds on the progress we achieved in pursuit of our previous targets,&#8221; Costa said. &#8220;We have gained crucial insights into how sustainability paired with innovation will drive our transformation to a specialty materials company, and we are committed to advancing both environmental and social practices across our corporation and within our communities, reporting our progress annually.&#8221;<\/p>\n<p>The company&#8217;s 2020 sustainability report is available now. To view the full report and learn more about Eastman&#8217;s 2030 commitments to creating A Better Circle, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2995713-1&amp;h=2335181602&amp;u=https%3A%2F%2Fwww.eastman.com%2Fsustainability&amp;a=eastman.com%2Fsustainabilityreport\" rel=\"nofollow noopener noreferrer\">eastman.com\/sustainabilityreport<\/a>.<\/p>\n<p>\n        <b>About Eastman<br \/><\/b>Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company&#8217;s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables.\u00a0As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2019 revenues of approximately <span class=\"xn-money\">$9.3 billion<\/span> and is headquartered in <span class=\"xn-location\">Kingsport, Tennessee<\/span>, USA. For more information, visit\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2995713-1&amp;h=601929890&amp;u=http%3A%2F%2Feastman.com%2F&amp;a=eastman.com\" rel=\"nofollow noopener noreferrer\">eastman.com<\/a>.<\/p>\n<p>\n        <b>Media Inquiries:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Laura Mansfield<\/span>, APR, Tombras<br \/>+1 (865) 599.9968 \/ <a target=\"_blank\" href=\"mailto:lmansfield@tombras.com\" rel=\"nofollow noopener noreferrer\">lmansfield@tombras.com<\/a><\/p>\n<p>\n        <span class=\"xn-person\">Brad Lifford<\/span>, Eastman<br \/>+1 423-229-6543 \/ <a target=\"_blank\" href=\"mailto:blifford@eastman.com\" rel=\"nofollow noopener noreferrer\">blifford@eastman.com<\/a><\/p>\n<p>\n        <b>Investors:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Greg Riddle<\/span>, Eastman<br \/>+1 212-835-1620\u00a0\/\u00a0<a target=\"_blank\" href=\"mailto:griddle@eastman.com\" rel=\"nofollow noopener noreferrer\">griddle@eastman.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1344752\/Eastman_Mark_Costa.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1344752\/Eastman_Mark_Costa.jpg\" title=\"Mark Costa, Eastman Board Chair and CEO\" alt=\"Mark Costa, Eastman Board Chair and CEO\" \/><br \/>\n          <\/a>\n        <\/p>\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/746866\/Eastman_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/746866\/Eastman_Logo.jpg\" title=\"(PRNewsfoto\/Eastman)\" alt=\"(PRNewsfoto\/Eastman)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL06165&amp;sd=2020-12-01\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda-301181909.html\">http:\/\/www.prnewswire.com\/news-releases\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda-301181909.html<\/a><\/p>\n<p>SOURCE  Eastman<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL06165&amp;Transmission_Id=202012010800PR_NEWS_USPR_____CL06165&amp;DateId=20201201\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Materials innovator releases 2020 sustainability report and announces 2030 commitments KINGSPORT, Tenn., Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Eastman (NYSE:EMN) announced ambitious 2030 sustainability commitments Tuesday in tandem with the publication of its 2020 sustainability report. The report highlights the company&#8217;s commitment to sustainable innovation and establishes goals to address three difficult, long-term and potentially devastating challenges that will affect our rapidly growing population: climate change, the plastic waste crisis and social inequities. &#8220;We can create solutions that help to solve the climate and plastic waste crises.&#8221; &#8220;Through process, systems and material innovations, we can create solutions that help to solve the climate and plastic waste crises while introducing products to market to care for an ever-growing population,&#8221; said Mark &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Eastman takes on global challenges through ambitious sustainability agenda&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390514","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eastman takes on global challenges through ambitious sustainability agenda - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eastman takes on global challenges through ambitious sustainability agenda - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Materials innovator releases 2020 sustainability report and announces 2030 commitments KINGSPORT, Tenn., Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Eastman (NYSE:EMN) announced ambitious 2030 sustainability commitments Tuesday in tandem with the publication of its 2020 sustainability report. The report highlights the company&#8217;s commitment to sustainable innovation and establishes goals to address three difficult, long-term and potentially devastating challenges that will affect our rapidly growing population: climate change, the plastic waste crisis and social inequities. &#8220;We can create solutions that help to solve the climate and plastic waste crises.&#8221; &#8220;Through process, systems and material innovations, we can create solutions that help to solve the climate and plastic waste crises while introducing products to market to care for an ever-growing population,&#8221; said Mark &hellip; Continue reading &quot;Eastman takes on global challenges through ambitious sustainability agenda&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-01T13:03:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1344753\/Eastman_Sustainability_Report.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Eastman takes on global challenges through ambitious sustainability agenda\",\"datePublished\":\"2020-12-01T13:03:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\\\/\"},\"wordCount\":722,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1344753\\\/Eastman_Sustainability_Report.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\\\/\",\"name\":\"Eastman takes on global challenges through ambitious sustainability agenda - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/","og_locale":"en_US","og_type":"article","og_title":"Eastman takes on global challenges through ambitious sustainability agenda - Market Newsdesk","og_description":"PR Newswire Materials innovator releases 2020 sustainability report and announces 2030 commitments KINGSPORT, Tenn., Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Eastman (NYSE:EMN) announced ambitious 2030 sustainability commitments Tuesday in tandem with the publication of its 2020 sustainability report. The report highlights the company&#8217;s commitment to sustainable innovation and establishes goals to address three difficult, long-term and potentially devastating challenges that will affect our rapidly growing population: climate change, the plastic waste crisis and social inequities. &#8220;We can create solutions that help to solve the climate and plastic waste crises.&#8221; &#8220;Through process, systems and material innovations, we can create solutions that help to solve the climate and plastic waste crises while introducing products to market to care for an ever-growing population,&#8221; said Mark &hellip; Continue reading \"Eastman takes on global challenges through ambitious sustainability agenda\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-01T13:03:46+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1344753\/Eastman_Sustainability_Report.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Eastman takes on global challenges through ambitious sustainability agenda","datePublished":"2020-12-01T13:03:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/"},"wordCount":722,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1344753\/Eastman_Sustainability_Report.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/eastman-takes-on-global-challenges-through-ambitious-sustainability-agenda\/","name":"Eastman takes on global challenges through ambitious sustainability agenda - 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