In 2022, we conducted research to identify reliable and accepted approaches to evaluate and measure the impact of our products throughout the lifecycle and alignment with the United Nations Sustainable Development Goals (UN SDGs). In 2023, we will begin testing these methodologies on key products and new product innovations within each of our business units. This includes working with external frameworks, tools and experts, including the WBCSD PSA, and tools for Product Carbon Footprinting (PCF). Innovating sustainable products Arxada’s purpose is to advance beer science to solve the world’s toughest preservation challenges. Preservation is about protecting and maintaining the health and wellbeing of people and improving the longevity of vital infrastructure, while improving the health of the planet. Our ambition is to innovate and be part of eorts to address the UN SDGs. Eective preservation enhances the durability of water-based products which significantly reduces waste throughout global supply chains. Preservation solutions are essential to ensure minimization of waste and safety of products. Without eective preservation, not only will significant amounts of energy and natural resources go to waste, the development of sustainable products such as paints and coatings will also be limited. This has impacts on the UN SDGs including climate change (SDG 13) and responsible consumption and production (SDG 12). Around the globe eective preservation solutions are under threat due to increasing regulatory constraints. An increasing number of suitable active biocidal substances are cancelled, not supported, non-approved, or restricted for use. New innovative technologies are needed that make use of the currently eective biocidal actives combined with new delivery mechanisms and optimization of solutions. In addition, sustainable innovations such as bio-based technologies, adjuvants and potentiators will need to be developed. Innovations for microbial control will require major investment and a focused eort, with long timelines to success. Partnerships and coordination with customers, NGOs, and regulatory authorities are needed to reduce the uncertainty of the ever-changing regulatory requirements. Arxada will provide insight into the most exciting developments as a responsible innovation leader and showcase new technologies that push the boundaries of what is possible for achieving more sustainable preservation solutions. Looking forward to 2023 In 2023, we will begin deploying the WBCSD PSA to proactively identify and address improved sustainability outcomes of new product innovation, ranging from the product chemistry to the SDG impacts of our products. Implementing a common methodology built on industry best practices provides a robust, pragmatic and integrated approach to steer our product porolio sustainable innovation eorts. As sustainable design definitions and methodologies evolve, we will adapt to ensure we are holistic in our approach to sustainable innovation.
2022 Sustainability Report | The Power of Science & Sustainability Page 28 Page 30