Sustainable Development
Sustainability is central to Nexam Chemical’s mission to enable a circular and resource-efficient future. In 2024, the company made significant strides in its sustainability efforts through innovation, strengthened policy, and increased transparency. Key results included achieving the EcoVadis Bronze Medal, setting new goals for greenhouse gas emission reduction, and aligning with the principles of the UN Global Compact. Nexam is also expanding its sustainability reporting in preparation for the Corporate Sustainability Reporting Directive (CSRD). 20 Nexam Chemical Annual Report 2024 D
EcoVadis Bronze Medal
Through hard work and following an evidence-based assessment we are proud to be awarded an EcoVadis Bronze Medal.
Ecovadis is a globally trusted provider of business sustainability ratings. Companies are assessed across their four key areas of: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement.
This accreditation is only awarded to the top 35% of companies evaluated. In fact, Nexam were placed in the top 25% in our first attempt.
Our medal can be found at:
https://recognition.ecovadis.com/WY5M-1xwsUiQLoLJGgWdoQ
This medal means that an independent third party has identified Nexam Chemicals as a company with a clear ESG strategy. Nexam Chemical helps manufacturers around the world to improve their plastics products – in terms of circularity, durability, and function – and thus competitiveness.
Key documents related to our Sustainability strategy:
- NEXAM Chemical Assessment Overview 2024
- Nexam Supplier code of conduct
- Sustainability Policy
- Certification Nexam St Andrews Ltd. ISO 9001
- Certification Nexam St Andrews Ltd. ISO 14001
- Certification Nexam St Andrews Ltd. ISO 45001
- Certification Nexam Performance Masterbatch AB ISO 9001
- Certification Plasticolor Hungary Ltd. ISO 9001
- Certification Plasticolor Hungary Ltd. ISO 14001
- CSR PolicyNexam
- Nexam REACH and RoHS Policy
- Nexam Employee Code of Conduct
- NEXAM Enviromental Policy v1-1
- NEXAM Sustainability Policy v2
- NEXAM Sustainable Procurement Policy v1
- NEXAM Whistleblower Policy v
Promoting the UN Global Compact goals
Nexam Chemical’s participation in the UN Global Compact reflects the company’s commitment to sustainability principles related to human rights, labor law, the environment, and anti-corruption. The company integrates these principles into its strategy and supports the UN’s Sustainable Development Goals (SDGs), particularly those concerning responsible production and climate action.
Our participation can be found at;
https://unglobalcompact.org/what-is-gc/participants/166783-Nexam-Chemical-Holdings-AB
Sustainability based on United Nation´s sustainability goals
Nexam Chemical’s sustainability ambitions are based on the United Nation’s (UN) widely recognized sustainability goals. The UN’s goals envision the world for 2030 and regards all aspects of development related to sustainability; from reduced social inequality to clean water and sanitation. The goals that Nexam Chemical has chosen to focus its sustainability work on are linked to four of the UN 2030 goals; affordable and clean energy (#7), decent work and economic growth (#8), industry, innovation and infrastructure (#9) and responsible consumption and production (#12).
Nexam Chemical’s sustainability work is built on three pillars – through our innovations for sustainability, our products as enablers for sustainable development and through our own sustainable operations.
Innovation for sustainability
Nexam Chemical’s Reactive Recycling™ exemplifies how science-driven solutions reduce environmental impact while creating value. In addition to recycling, Nexam’s high-performance materials contribute to sustainability in the aerospace industry, transportation, and infrastructure, where sustainability reduces waste and emissions.
Our products as enablers
Through our products, we contribute to both affordable and clean energy as well as responsible consumption and production. Nexam Chemical’s products enable clients to produce products with enhanced properties in terms of strength, impact resistance, temperature resistance, chemical resistance and longevity. This creates lighter, stronger, smarter and more durable materials.
Nexam Chemical’s technology enables increased recyclability of polymers and simplified use of recycled polymers. Through our products, we increase material utilization, increase productivity and reduce costs. Our technology also enables recycled polymers to regain performance.
Sustainable operations
By adaptions made on our production sites, we contribute to clean energy, decent work growth and responsible consumption and production. Solar generated electricity and geothermal heating is installed at some of our sites. Furthermore, Nexam Chemical’s production site in St Andrews, Scotland, is accredited according to ISO 9001 for quality, ISO 14001 for environment and ISO 45001 for health and safety. Other production sites have ISO certifications on parts of their operations. Nexam Chemical’s accreditations are an indication of our strive to achieve the highest standards regarding quality, environmental, safety and health (ESHQ) as stated in our corporate responsibility policy.
Whistleblowing
If you witness any Nexam Chemical Group employee committing any act of serious wrongdoing, you can report it confidentially at;