ENGLEWOOD, Colo., June 24, 2024 (GLOBE NEWSWIRE) — Innospec (NASDAQ: NASDAQ:) has achieved a Gold rating in sustainability performance by EcoVadis, a leading provider of third-party sustainability evaluations. This Gold rating places Innospec in the top 5% of all companies rated in our sector globally.

Patrick S. Williams, President and Chief Executive Officer, expressed, “We are honored to receive the Gold recognition from EcoVadis for our dedication to sustainable business practices. Innospec will continue to explore new opportunities and innovative technologies to advance our sustainability journey.”

Ian Callan, VP Global Regulatory Compliance and ESG, added, “At Innospec, we are committed to enhancing our sustainability performance continuously. Upholding the highest corporate responsibility standards is a priority for us, as evidenced by our Gold EcoVadis rating. Through collaboration with our customers and suppliers, we ensure progress together.”

Independent platform for rating sustainability

EcoVadis is a globally recognized sustainability rating platform that evaluates data from over 180,000 companies in Environment and Climate, Labour and Human Rights, Ethics, and Sustainable Procurement. The platform aims to provide a transparent view of successful sustainability practices. It follows a methodology aligned with CSR Standards like the Global Reporting Initiative (GRI), UN Global Company, and ISO 26000. EcoVadis sustainability scorecards offer detailed insights into ecological, social, and ethical risks across 200 categories and 175 countries. The ratings are available on an online platform for the companies’ business partners and others.

To learn more about Innospec’s sustainability approach, visit our latest report at https://innospecsustainability.com/latest-environment-social-governance-report/.

About Innospec Inc .

Innospec Inc. is an international specialty chemicals company with around 2,400 employees in 22 countries. It supplies a wide range of specialty chemicals to markets in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. The Performance Chemicals business offers technology-based solutions for customers in Personal Care, Home Care, Agrochemical, Mining, and Industrial markets. The Fuel Specialties business focuses on manufacturing and supplying fuel additives to enhance fuel efficiency, improve engine performance, and reduce emissions. Oilfield Services provides specialty chemicals to all sectors of the oil and gas exploration and production industry.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts may constitute forward-looking statements. While these statements are believed to be reasonable when made, actual performance or results may differ due to risks, uncertainties, and assumptions. Additional information on risks and uncertainties can be found in Innospec’s reports filed with the U.S. Securities and Exchange Commission.

Contacts:

Corbin Barnes
Innospec Inc.
+44-151-355-3611
corbin.barnes@innospecinc.com