Consequences of Climate Change
As we enhance our portfolio, we aim to continually expand our offer of innovative climate-friendly customer solutions. This particularly concerns the development of water-based products free of VOCs (volatile organic compounds). This is discussed in more detail in the “Products” chapter of this report.
In addition, we analyze financial risks that can arise for our group due to the consequences of climate change. We assume that prices on the raw material markets will not remain at their current level in the long term, but will go up again. This applies especially to raw-materials from fossil sources that we need for our production.
Only one of our sites can be impacted by the immediate effects of climate change. ELANTAS PDG is based near the Mississippi River; rising water levels could potentially reach the site in the distant future.