Balchem(BCPC) Globenewswire·2025-04-22 11:00Core Insights - Balchem Corporation published its 2024 Sustainability Report, highlighting its commitment to sustainability initiatives aimed at improving health and well-being globally [1][2] Sustainability Goals - The company aims to reduce greenhouse gas emissions and water usage by 25% by 2030, with a notable achievement of a 32% reduction in GHG emissions from the 2020 baseline in 2024 [2][4] - Water withdrawal was reduced by 15% in 2024 compared to the 2020 baseline, indicating progress towards the water usage reduction goal [4] Business Segments - Balchem operates in three business segments: Human Nutrition & Health, Animal Nutrition & Health, and Specialty Products, providing specialized ingredients for various industries [3] Alignment with Global Initiatives - The company celebrated its fourth anniversary of commitment to the UN Global Compact, aligning with principles on human rights, labor, environment, and anti-corruption [4] - Approximately 70% of Balchem's revenue supports UN Sustainable Development Goals, particularly SDG 2 (zero hunger), SDG 3 (good health and well-being), and SDG 12 (responsible consumption and production) [4] Employee Safety and Product Quality - In 2024, Balchem improved its Total Recordable Incident Rate (TRIR) to 0.57 and Lost Time Incident Rate (LTIR) to 0.21, reflecting enhanced safety measures and training [4]