During the year, the company launched SYNDIGO recycled polyethylene (rPE) resins and ASTUTE plastomer resins to advance the market adoption of rPE products.
These resins can be used in a variety of all-PE packaging.
In its report titled ‘2022 ESG Report: Reshaping Plastics’, NOVA said that it introduced an employee diversity census to enable the company to gain deeper insights into its diverse workforce and better address any of its requirements.
It claims to have achieved the best-ever combined recordable injury rate performance and a combined lost time injury rate of zero, representing a 100% decline over five years.
The company also signed a virtual power purchase agreement to buy 20MW of solar power and related emission offsets from TC Energy’s Saddlebrook Solar+Storage Project.
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The report aligns with NOVA’s goal to become one of the leading sustainable PE producers in North America.
NOVA’s vice-president for sustainability Jennifer Woolfsmith said: “NOVA Chemicals has set out to achieve bold ESG ambitions by 2030, and we are proud of the substantive work we have accomplished to date.
“Plastics continue to play an essential role in our daily lives with many benefits to people around the world, and NOVA believes businesses like ours have a responsibility to reshape those plastics for a more sustainable world and a low-carbon, zero-plastic-waste future.”
Headquartered in Alberta, Canada, NOVA supplies PE that is used for manufacturing recycled content films, packaging, and other products.
Last month, the company announced plans to develop its first mechanical recycling facility in Connersville, Indiana, US.