Highlights
- In 2024, Ontex received an award for its disclosure and dedication to environmental action and openness, encompassing both forestry and climate change.
- Ontex revised their sustainability plan in 2024, including more aggressive environmental goals pertaining to carbon emissions reduction, responsible sourcing, and the use of polymers derived from fossil fuels.
Belgium, February 10, 2025, Aalst The global environmental non-profit organisation CDP* has given Ontex Group NV (Euronext: ONTEX), a leading global developer and manufacturer of personal care products, a “A” rating for its 2024 Climate Change disclosure and a “A-” rating for CDP Forests, which focusses on transparency in forestry-related matters.
Ontex earned its ‘A’ climate action rating by being transparent about how it emits and actively reduces carbon emissions, sources renewable energy responsibly, and how it manages forests and fibres responsibly, as part of its journey towards embedding good, scalable sustainability practice into every single product. This top rating places Ontex among the world’s leading companies in climate transparency and action, underscoring its commitment to driving sustainability across its value chain and aligning with global climate goals.
Improved scoring for Forestry to ‘A-‘ recognizes Ontex’s efforts in continuous transparent disclosure of its forest-related impacts and dependencies. The solid scoring also validates the overall actions taken by the group to identify and manage risks related to deforestation and forest degradation.
More ambitious Sustainability Strategy and targets
In 2024, in response to increased regulations and subsequent demand, Ontex updated its ESG-based sustainability strategy with more ambitious targets. The ‘planet’ pillar confirms Ontex’s commitment to climate leadership:
- Carbon reduction – Targeting a significant reduction in Scope 1, 2, and 3 emissions, in line with the Science Based Targets initiative (SBTi).
- Sustainable materials – Increasing the use of renewable and recycled materials in products and packaging ,directly impacting carbon footprint.
- Partnering for circularity – Advancing innovation in product design and waste reduction initiatives to minimize environmental impact in order to minimize scope 3 impacts.
Annick De Poorter, Chief Innovation & Sustainability Officer, said: We are honored to receive this improved ‘A’ rating from CDP, especially in a year of more stringent and complex reporting requirements. This score is a recognition for our full team’s continuous efforts to integrate sustainability into our business strategy, and motivates us to strengthen our commitment to environmental stewardship and to drive innovation in sustainable practices, in strong partnership with our customers, suppliers and partners. That’s how we are ‘Here for you. Here for the better.’