As a global specialty materials and sustainable solutions provider, we continue to demonstrate how our materials are intrinsic to the lives of so many, serving high-growth end markets including automotive, building and construction, consumer electronics, footwear, and health care.
An essential element of our innovation is focused on developing and delivering sustainable solutions and striving for less reliance on fossil fuels. Across all businesses, this is a driving force behind our R&D efforts. Our approach to sustainable innovation is centered on energy and waste management, eco-based product design, the development of bio-products, pursuing advancements in mechanical and chemical recycling, and establishing the means to fully close the loop on circularity. Our product development aligns with global trends, such as light-weighting cars while maintaining safety and strength, sustainable living and housing, and lifesaving medical devices.
In 2021, our sustainable product portfolio expanded due to our innovative investments, with 43% of our technology and R&D efforts aimed at circular economy solutions. This work has led to 5% of our product sales being sustainably advantaged.
Our Sustainable Product Portfolio goals are just one part of our 2030 Sustainability Goals, which together will help us achieve a more sustainable future for our company and the communities we serve.
