Environmental, Social, and Governance Policy Statement
Diversified CPC International meaningfully integrates environmental, social, and governance (“ESG”) principles into our business model to improve societal outcomes and achieve our performance goals.
1. Employees – Our employees are the foundation of our company. Their health, safety, and professional development is our top priority.
2. Customers – Our customer-focused approach guides everything we do.
3. Innovation – Our dedication to collaborative product development and innovation is a key part of our total value proposition.
4. Environmental, Social, and Governance (ESG) – Our team is committed to Environmental, Social, and Governance efforts that further our corporate stewardship.
5. Shareholders – We remain dedicated to providing consistent top- and bottom-line profitable growth for our shareholders.
We have, and always will, pursue our role as an industry leader with a sense of duty to our employees, customers, the public, and the planet through sustainable, innovative products that promote positive societal and environmental outcomes.
To never stop pursuing better outcomes for our employees, customers, the public, and the planet, through innovative and responsible product development and stewardship.
As a corporate citizen, we understand that we have a profound responsibility to integrate environmental, social, and governance (ESG) into our business practices to best serve our employees, our customers, and the global community.
Diversified CPC will take a step forward in our environmental, social, and governance (ESG) management, leveraging our strengths as a global leader in high-purity products to integrate ESG principles into our business practices and bring value to our employees, our customers, the public, and the planet. As a responsible global citizen, we identify, measure, and track ESG-related metrics to help ensure positive environmental and societal outcomes. These metrics shape the way we do business, from our everyday conduct to our short- and long-term business strategies.
Diversified CPC publishes an annual ESG report to help ensure policy adherence, continuous improvement, and transparency. Our ESG Executive Team promotes sustainability measures that are implemented companywide. The Corporate ESG Committee acts as an advisory body to the ESG Executive Team and discusses policies, measures, and initiatives. Important initiatives are referred by the committee to the ESG Executive Team and the Board of Directors for further discussion.
ESG Pillars & Metrics
We are committed to a cycle of continuous measurement, management, and improvement in all aspects of the ESG topics defined below, within our three pillars of environmental stewardship, social responsibility and wellbeing, and fair and transparent governance. What follows are some of the steps that we take to support our commitment to social responsibility efforts.
I. Environmental Quality
Diversified CPC recognizes that environmental sustainability is integral to good business practices and production of world-class products. We also recognize that climate change is a major economic, social, and environmental challenge globally. We encourage our external business partners to join us in managing innovative solutions that reduce environmental impacts and to monitor progress throughout the business cycle. We strive to have an effective environmental policy and will make every effort to support our policy using the best available technologies; to implement this policy at all levels throughout the company; and to include a commitment to continual improvement in environmental performance. More specifically, we are committed to achieving improved performance in the following material environmental topic areas:
• Waste, Hazardous Substances, and Chemical Safety Management
• Enhanced Producer Responsibility Laws
• Air Quality and Emissions
• Energy Consumption and Greenhouse Gas Emissions
• Conservation, Biodiversity and Resource Use
II. Social Responsibility
Diversified CPC strives to put people first – not only our employees, but people in all areas of the business including customers, suppliers, and our worldwide neighbors. We are committed to a cycle of continuous improvement and to achieving improved positive outcomes in the following material social topic areas:
• Diversity, Equity, and Inclusion
• Community Involvement & Philanthropy
• Occupational Health & Safety & Labor Practices
• Human Rights
• Employee Development & Engagement
• Employee and Contractor Training
III. Corporate Governance
Diversified CPC aspires to the highest standards of ethical and sustainable conduct in business practices and in deploying training and implementation programs to assure that all employees and stakeholders understand and adhere to these standards. We are committed to strong governance practices in the following material topic areas:
• Business Ethics
• Management of Regulatory and Legal Compliance
• Product Design and Lifecycle Management
• Critical Incident Risk Management
Diversified CPC International, a Sumitomo Corporation of Americas Portfolio Company, is the global leader in the design, production, and distribution of the highest quality aerosol propellants, high-purity hydrocarbon refrigerants, and specialty applications.
In addition to industry-leading products, the company maintains an unmatched focus on customer satisfaction and environmental safety in all of its business operations. We offer an array of value-added services, including safety and process consulting, storage tank sales and installation, and supply chain management, which provide DCPC clients with a unique competitive advantage in the marketplace.