Focused on Energy Conservation and More
As a company, Grace is constantly striving to be as efficient and productive as possible, which also means minimizing our energy requirements and reducing waste. This reduces our impact on the environment and helps keep our cost structure competitive while delivering improved products to our customers. Many Grace products deliver direct, measurable, and significant environmental benefits to our customers' products.
In 2007, as part of our overall sustainability strategy, Grace targeted a 20 percent per pound reduction in the energy intensity of our operations over the ensuing decade. Since 2007, the company has undergone several significant structural and operational changes, most notably the separation of Grace Construction Products segment as well as the disposition of other product lines. The company also has completed a number of acquisitions including new facilities and an ever-expanding and changing mix of technologies and manufacturing processes.
While nothing has changed in Grace's commitment to finding new opportunities to minimize our environmental footprint, the somewhat simplified measure of energy intensity that we published in 2007 did not take into account the many important changes that would occur in our business. Nonetheless, since 2007, we have achieved steady reductions in energy intensity across nearly every part of our operations.
Grace continually pursues new opportunities to manage and minimize our environmental footprint.
Grace completed the separation of its Construction Products operating segment on February 3, 2016. The environmental data reported above excludes the separated operations.