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 FOR A BETTER WORLD
As mentioned, responding to global climate change AkzoNobel's absolute energy consumption in operations
is an urgent priority, compelling AkzoNobel and other decreased by 4% and relative energy consumption
businesses to take resolute action. In alignment with the decreased by 7%. Furthermore, all production sites in
Paris Agreement, AkzoNobel is actively striving toward North America, Europe and Latin America now operate
sustainable value indicators, which include: reducing with 100% renewable electricity, marking a significant
carbon emissions by 50% in its operations, cutting milestone following a 48% reduction in waste to landfill
carbon emissions by 50% across the entire value chain versus the 2018 baseline. These achievements are not the
and achieving 100% circular material usage in operations final destination. Responding to climate change is only part
through reduction, reuse and recycling. AkzoNobel of the overall sustainable development goal. The circular
also aims for 50% of its revenue to come from more economy presents more opportunities, despite significant
sustainable solutions. challenges. By adopting this economic model early,
AkzoNobel has achieved notable circular solutions, such as
AkzoNobel continues to develop radical solutions to a unique two-layer coating method that reduces material
combat climate change. One such innovation is KeepCool usage and improves labour productivity while maintaining
Technology, which uses special pigments to reflect infrared superior performance similar to the conventional three-
heat, keeping exterior walls up to 5°C cooler in the Dulux layer coating method. This material reduction goal is
Weathershield product line. To reduce solvent emissions, further supported by Sprayvision, a data technology that
AkzoNobel is converting specialty wood coatings and adjusts materials according to surface needs. This data-
decorative paints to water-based technology, targeting over driven coating technology helps customers save time,
half of its production. Additionally, in the furniture sector, ensure perfect coverage and reduce waste.
AkzoNobel is implementing circular solutions by increasing
the use of renewable materials in finishing products. AkzoNobel is also using renewable materials as bio-based
binders in decorative paints and producing recycled paints
It's important to note that climate change and from waste materials. These circular paint lines have
sustainable development must be collective efforts, been launched in some European countries under the
not the responsibility of a single business or country. Sikkens and Dulux brands. Despite certain cost challenges,
This common goal requires strong collaboration among AkzoNobel's circular, more sustainable solutions genuinely
businesses, organizations and governments. Focusing on enhance user health and happiness. The bio-based paint
green transformation, carbon reduction, innovation and line protects walls from harmful pollutants, providing
cooperation, AkzoNobel gathers resources from partners cleaner indoor air and fresher homes. AkzoNobel's wood
across the value chain to address main challenges. coating line ensures that high moisture MDF wood interiors
AkzoNobel continues to work with ecosystem partners on and exteriors eliminate harmful volatile compounds.
research and transformation activities.
Since its foundation in 1792, AkzoNobel has positioned
Thanks to these combined efforts, AkzoNobel has itself as a brand that brings colour to spaces, protecting vital
achieved impressive results. By 2023, compared to 2018, values in life: family bonds, creativity, social development

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