Tronox Issues 2023 Sustainability Report
The report details meaningful accomplishments achieved in the past year driving continued progress towards the Company’s previously established sustainability goals and reinforces the unwavering commitment to the Company’s sustainability strategy and purposeful investments in its people, operations and product portfolio. Highlights from the report include: *Reinforcing its carbon emission reduction targets, including reducing Scope 1 and 2 carbon emissions intensity by 50% by 2030 against a 2019 baseline and achieving carbon neutrality by 2050 and reducing Scope 3 carbon emissions by 9% by 2025 and 16% by 2030 against a 2021 baseline. *Commissioning of a 200MW solar project in South Africa, estimated to provide 40% of the Company’s total energy needs in the region and to result in an incremental 13% reduction in Scope 1 and 2 carbon emissions in 2024 relative to the 2019 baseline *Progressing the second largest renewable project in South Africa by entering into a long-term power purchase agreement with NOA Group for ~497GWh of renewable energy, which is expected to reduce Scope 1 and 2 carbon emissions by an incremental 12% globally, once fully implemented in 2027 *Reducing Scope 1 emissions and improving production efficiencies by implementing automated process controls (APCs) for chlorination to reduce coke consumption at the Company’s pigment plants.