SINGAPORE, 26 July 2024 – Filtrona, a global leader in the design, testing, and manufacture of special filter solutions, has released its 2023 Sustainability Report, titled “Driving Sustainable Transformation.” This report highlights Filtrona’s major achievements in environmental stewardship, social responsibility, and governance excellence, marking eight key milestones:
- Achieved Zero Waste to Landfill certification across 10 manufacturing sites.
- Reduced net CO2 emissions by 29% in 2023 compared to 2022.
- Utilized 32% of energy from renewable sources.
- Expanded the ECOTM Range of plastic-free, biodegradable filters, including six innovative filters and six new utility model patents.
- Improved gender diversity, with women representing 26% of leadership roles.
- Received the Ecovadis Bronze Award for sustainability efforts.
- Implemented CSR initiatives globally to support local communities.
- Developed filters using non-woven alternatives for higher biodegradability.
Environmental Stewardship
A significant innovation in the report is the expansion of Filtrona’s ECOTM Range, featuring plastic-free filters with higher biodegradability and a carbon footprint four times lower than cellulose acetate filters. The product line now includes six new innovative filters and six additional utility model patents. Filtrona’s refined processes use non-woven materials for faster biodegradation, underscoring the company’s commitment to environmental preservation.
Social Responsibility
Filtrona prioritizes gender diversity, with women holding 26% of leadership roles, reflecting the organization’s commitment to inclusion and equal opportunity in the workplace.
Governance Excellence
Filtrona maintains ethical business conduct through comprehensive annual compliance training, achieving 97% completion in 2023. The establishment of an ESG Committee further reinforces the company’s commitment to implementing robust ESG policies and practices. Filtrona’s New Product Development process continues to expand its patent portfolio, now totaling 640 patents.
Commenting on the release of the 2023 Sustainability Report, Robert Pye, CEO of Filtrona, said: “We are pleased to share our inaugural Sustainability Report and provide an update on the progress of our sustainability journey to our stakeholders. As a leader in innovation and a dedicated partner to our customers, Filtrona is committed to driving product and operational transformations through sustainable solutions and achieving excellence in business delivery and governance.”
Filtrona’s sustainability journey is characterized by a dedication to engaging stakeholders, valuing materiality, and driving environmental management and innovation. The Filtrona Sustainability Report 2023 has been officially certified by SIRIM, affirming its credibility and adherence to sustainability standards.
For more information and to access the full Sustainability Report 2023, visit filtrona.com/esg.