Photography Company Kodak Publishes Sustainability Report
Kodak's 2023–2024 sustainability report “One World, One Kodak” highlights major progress, including a 56% reduction in greenhouse gas emissions and a 31% drop in water consumption. The report details both environmental and social initiatives, integration of sustainable technologies, and future goals, aligning with GRI standards.
Kodak released its latest sustainability report "One World, One Kodak" for its social and environmental performance of 2023 until the third quarter of 2024. The report highlights its key achievements toward green operations such as major greenhouses gas reductions as well as in water consumption. As indicated in the report, Kodak has already achieved some of its 2025 environmental goals earlier than scheduled, and greenhouse gas emissions have decreased by 56% and water usage reduced by 31%.
The report is published following Global Reporting Initiative (GRI) guidelines to offer an open, measurable, and transparent information opportunity to stakeholders such as customers, partners, and suppliers. Kodak stresses that sustainability is not just a parallel endeavor but intrinsic to its business model and growth strategies. The report highlights how environmental and social objectives have guided the company's technological innovation and operations.
Among the significant areas of focus in the report is how Kodak is helping other businesses to adopt more environmentally friendly approaches to doing business. The company's products, such as SONORA Process Free Plates, PROSPER Presses, and water-based inks, are designed to make printing less environmentally catastrophic. The technologies help to reduce energy and chemical usage, conserve waste, and save water. Kodak provides case examples throughout the report to show how customers have used such eco-efficient products to extend the benefits of sustainability beyond its operation.
In addition to environmental purposes, the sustainability strategies of Kodak also incorporate social responsibility. The company has improved the health and safety of employees, alongside community assistance programs. These include efforts aimed at enhancing workplace well-being, diversity, and community involvement. Progress in all these measures is tracked according to the report as Kodak strives to attain broader sustainability goals apart from environmental performance.
It also communicates Kodak's plans to incorporate more sustainability with innovations and business choices in the future. It is committed to ongoing efforts to decrease its impact on the earth while working on technologies for healthier habits for all sectors. Great emphasis is put on internal growth as well as external giving such that corporate performance is maintained intact and governed in accordance with company responsibility.
This report release disclosure is Kodak's statement of its pledge to sustainable practice in the printing and photography sectors. Disclosure and transparency of data in a readable form meet growing demands for ESG performance accountability. By hitting and in some respects exceeding its short-term goals, Kodak positions itself as a global leader on climate and sustainability and asserts its place in a changing industrial world.
The report welcomes stakeholders to read Kodak's full performance metrics and targets by visiting its main website, which contains the entire document. The company's initiative demonstrates how leading businesses can turn to sustainable activities without giving up their services for their clients as well as supporting society.
Source/Credits:
Kodak | KnowESG | Global Reporting Initiative (GRI)
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