Our public commitment
The ambitious and motivating challenges that drive our work every day
Setting ambitious goals is an essential part of our sustainability program.
Our three critical goal areas of circular/environmental, climate, and societal align with our core business strategy and stakeholder expectations.
Within each of our three goals areas, we have set quantitative and time-bound goals. These goals not only establish ambitious and motivating challenges to our organization, but also serve as a public commitment around which we will disclose our progress publicly.
Circular / Environmental
Agilyx is committed to accelerating the transition to a more circular economy, while minimizing the environmental footprint of our processes. We commit to the following goal targets related to circularity:
Deliver technology for partners to build new commercial-scale advanced recycling facilities that enable the conversion of at least 1500 tons per day of post-use plastic annually by 2030.
Through Cyclyx, divert post-use plastic that was destined for landfill/incineration/environment and redirect it to advanced recycling:
- 300,000 tons annually by 2025
- 3,000,000 tons annually by 2030
Drive our long-term vision to increase the rate of plastics recycling from 10% to 90%.
Advanced recycling can play a key role in this transition by providing low-carbon fuels, using waste as a raw material, and making high quality plastics with a lower greenhouse gas footprint.
Identify and disclose future impact (including both opportunities and risks) of climate change on the company.
Identify strategies and actions to mitigate climate-related impacts of Agilyx technology, including quantifying and disclosing GHG footprint and energy efficiency of our advanced recycling processes.
Identify strategies and actions to support transition to a low-carbon economy.
Collaboration is essential in deeply understanding different perspectives, and to developing sustainable solutions. Agilyx is working to expand and deepen its collaborations with diverse stakeholder groups and to create a more inclusive work environment.
In addition to establishing corporate social responsibility policies in 2020, we commit to the following societal goal targets:
Establish 5 new collaborations with institutions, government authorities, NGOs, and associations by 2025, to help bring practical solutions to addressing the global plastic waste crisis (vs baseline of 2019)
Ensure that at least 50% of new appointees to the board of directors are women during 2021-2023.
Achieve representation of women on board of directors to 33% by 2025.
Achieve representation of women on executive team to 33% by 2025.