Albemarle Sustainability Report: A Deep Dive for Lausanne Investors
Albemarle sustainability report practices are crucial for understanding the environmental, social, and governance (ESG) performance of a global leader in specialty chemicals. As industries worldwide, including those in Lausanne, Switzerland, increasingly prioritize sustainable operations, examining Albemarle’s commitment becomes paramount. This comprehensive overview delves into their latest sustainability report, highlighting key initiatives, achievements, and future goals. We will explore how Albemarle addresses critical issues such as climate change, resource management, and community impact, providing essential insights for investors, stakeholders, and businesses operating within or looking to engage with the Swiss market in 2026. Understanding these reports is vital for informed decision-making and fostering a more sustainable future for all.
In this analysis of the Albemarle sustainability report, we will unpack the company’s strategic approach to environmental stewardship and social responsibility. Discover the concrete actions Albemarle is taking to minimize its ecological footprint and maximize its positive social impact. This report is particularly relevant for companies and investors in Lausanne, a city at the forefront of innovation and sustainability in Europe. By the end of this article, you will have a clear understanding of Albemarle’s sustainability performance and its implications for the global market in 2026.
Understanding the Albemarle Sustainability Report Framework
The Albemarle sustainability report is structured around internationally recognized reporting frameworks, ensuring transparency and comparability. Primarily, it aligns with the Global Reporting Initiative (GRI) Standards, which are the most widely used sustainability reporting framework globally. This alignment allows stakeholders to assess Albemarle’s performance across a broad spectrum of economic, environmental, and social impacts. The report details the company’s policies, practices, and performance data related to crucial areas such as greenhouse gas emissions, water usage, waste management, diversity and inclusion, and supply chain responsibility. By adhering to these rigorous standards, Albemarle demonstrates its commitment to accountability and continuous improvement in its sustainability efforts. The report also often incorporates elements from other leading frameworks like the Sustainability Accounting Standards Board (SASB) for industry-specific disclosures, and principles from the United Nations Sustainable Development Goals (SDGs), showcasing how Albemarle’s operations contribute to global sustainability objectives. This multi-faceted approach ensures a holistic view of their ESG performance, vital for stakeholders in Lausanne seeking detailed corporate accountability.
Key Pillars of Albemarle’s Sustainability Strategy
Albemarle’s sustainability strategy is built upon several key pillars designed to address the most material ESG issues relevant to its operations and stakeholders. These pillars typically include Climate Action, Sustainable Products, Responsible Operations, and Empowered People. Under Climate Action, the company outlines its targets for reducing greenhouse gas emissions, improving energy efficiency, and transitioning to renewable energy sources. Sustainable Products focuses on developing and marketing products that enable customers to achieve their own sustainability goals, such as advanced lithium for electric vehicles and bromine-based solutions for fire safety and energy storage. Responsible Operations encompasses initiatives aimed at minimizing environmental impact from their facilities, including water stewardship, waste reduction, and biodiversity conservation. Finally, Empowered People highlights their commitment to employee safety, well-being, diversity, inclusion, and community engagement. This strategic framework ensures that sustainability is integrated into the core of Albemarle’s business operations and decision-making processes, reflecting a proactive stance that resonates with environmentally conscious markets like Switzerland in 2026.
Reporting on Environmental Performance
Environmental performance is a cornerstone of the Albemarle sustainability report. The document provides detailed metrics on greenhouse gas (GHG) emissions, covering Scope 1, Scope 2, and increasingly, Scope 3 emissions. Albemarle details its progress towards science-based targets for emission reduction, often including investments in renewable energy and energy efficiency projects at its manufacturing sites. Water management is another critical area, with reports specifying withdrawal, consumption, and discharge volumes, alongside initiatives to reduce water stress in operational areas. Waste management performance is also prominently featured, including data on waste generation, recycling rates, and efforts to minimize landfill disposal. Furthermore, Albemarle often reports on biodiversity impacts, outlining measures taken to protect ecosystems in and around its operational sites. For businesses and regulatory bodies in regions like Lausanne, Switzerland, these environmental disclosures offer crucial insights into the company’s operational footprint and its commitment to mitigating climate change and preserving natural resources.
Social Responsibility and Governance Disclosures
Beyond environmental metrics, the Albemarle sustainability report thoroughly addresses social responsibility and corporate governance. This includes detailed information on Health and Safety performance, aiming for zero harm to employees and contractors, with metrics on injury rates and safety training programs. Diversity and Inclusion initiatives are highlighted, showcasing efforts to foster an equitable workplace and increase representation of underrepresented groups. The report also covers Community Engagement, detailing investments in local communities, philanthropic activities, and stakeholder dialogue. Ethical conduct and supply chain responsibility are emphasized, including policies on human rights, anti-corruption, and supplier sustainability standards. Governance disclosures typically outline the structure of the Board of Directors, executive compensation policies, and risk management processes, ensuring that robust oversight mechanisms are in place. This comprehensive approach to social and governance issues provides assurance to stakeholders, including those in sophisticated markets like Switzerland, regarding Albemarle’s commitment to ethical business practices and long-term value creation.
Key Highlights from Albemarle’s Recent Sustainability Report
The latest Albemarle sustainability report showcases significant achievements and forward-looking commitments across its global operations. A major highlight is the company’s progress towards ambitious climate goals, often demonstrating reductions in absolute GHG emissions intensity, driven by operational efficiencies and increased use of renewable energy. The report details advancements in their sustainable product portfolio, particularly in materials critical for the energy transition, such as lithium for electric vehicle batteries and advanced materials for energy storage solutions. These product innovations are positioned to support global decarbonization efforts, aligning with the sustainability objectives of countries like Switzerland. Furthermore, the report typically elaborates on water stewardship programs, detailing efforts to reduce water consumption in water-scarce regions, and enhanced waste reduction initiatives, including circular economy principles. These environmental advancements are complemented by strong social performance, often including statistics on employee safety improvements, diversity metrics, and significant community investment programs. These comprehensive updates offer a clear picture of Albemarle’s dedication to responsible growth and its role in building a more sustainable future for 2026 and beyond.
Progress on Climate Action and Emissions Reduction
Albemarle’s commitment to climate action is a central theme in its sustainability reports. The company consistently sets and reports on targets for reducing greenhouse gas (GHG) emissions, often aligned with the principles of the Paris Agreement. Recent reports typically detail Scope 1 and Scope 2 emissions reductions achieved through investments in energy-efficient technologies and the procurement of renewable electricity. The company is increasingly focusing on Scope 3 emissions, collaborating with suppliers and customers to identify opportunities for reduction across the value chain. Albemarle often highlights its role in enabling the transition to a low-carbon economy through its products, such as lithium, which is essential for electric vehicles and energy storage systems. These efforts are crucial for meeting global climate goals and are closely watched by environmentally conscious markets like Lausanne, Switzerland. By providing transparent data on its climate performance, Albemarle demonstrates its dedication to environmental stewardship and its strategic positioning in the growing green economy for 2026.
Innovation in Sustainable Products and Materials
Innovation in sustainable products and materials is a key differentiator for Albemarle, as prominently featured in their sustainability reports. The company’s leadership in lithium production is critical for the burgeoning electric vehicle (EV) and energy storage sectors. Their reports often detail advancements in extraction and processing technologies that aim to reduce environmental impact, such as lower water usage and waste generation. Beyond lithium, Albemarle’s bromine-based solutions play a vital role in enhancing fire safety in electronics, construction, and transportation, contributing to safer products and reduced environmental risks. The company also focuses on developing specialty catalysts and advanced materials that enable more efficient industrial processes and cleaner energy technologies. By emphasizing these innovations, Albemarle not only meets market demands but also actively contributes to solving global sustainability challenges, a message that resonates strongly with stakeholders in technologically advanced and environmentally aware regions like Switzerland in 2026.
Water Stewardship and Waste Management Initiatives
Water stewardship and waste management are critical components of Albemarle’s operational sustainability, detailed extensively in their sustainability reports. Recognizing the importance of water resources, especially in arid regions where some of their operations are located, Albemarle implements programs to reduce water consumption and improve water quality of discharges. This includes investing in water recycling technologies and engaging with local communities on water resource management. In terms of waste management, the company focuses on the principles of reduce, reuse, and recycle. Reports often quantify the amount of waste generated and the proportion diverted from landfills through recycling and beneficial reuse programs. Albemarle also explores innovative approaches to minimize waste throughout its product lifecycle, from sourcing raw materials to end-of-life considerations for its products. These efforts demonstrate a commitment to resource efficiency and minimizing environmental impact, aligning with the stringent environmental regulations and expectations present in Switzerland.
Community Engagement and Social Impact
Albemarle places significant emphasis on community engagement and social impact, as evidenced in their annual sustainability reports. The company actively invests in the communities where it operates through various initiatives, including educational programs, local infrastructure development, and support for small businesses. Employee volunteerism is often encouraged, fostering a culture of giving back and strengthening ties with local stakeholders. Albemarle’s reports typically detail the economic contributions made through job creation, local procurement, and tax payments, highlighting its role as a responsible corporate citizen. Furthermore, the company engages in ongoing dialogue with community members to understand and address their concerns, ensuring that its operations are conducted in a manner that respects local values and contributes positively to social well-being. This commitment to social responsibility is a key factor for stakeholders, including those in Switzerland, evaluating a company’s overall ESG performance for 2026.
How to Analyze an Albemarle Sustainability Report Effectively
Analyzing an Albemarle sustainability report effectively requires a structured approach to extract the most relevant information for your specific interests, whether as an investor, a potential partner, or a concerned citizen in Lausanne. Start by identifying the key performance indicators (KPIs) that align with your priorities, such as carbon emissions, water usage, safety records, or diversity metrics. Compare these figures against historical data from previous reports to assess trends and progress. Also, benchmark Albemarle’s performance against industry peers and recognized sustainability standards like GRI or SASB. Pay close attention to the company’s stated goals and targets for the future; are they ambitious, measurable, and time-bound? Understanding the methodologies used for data collection and reporting is also crucial for evaluating the credibility of the information presented. Finally, consider the qualitative aspects, such as the company’s narrative on challenges, risks, and strategic responses to ESG issues. This holistic review will provide a comprehensive understanding of Albemarle’s sustainability commitment and performance in 2026.
Key Metrics to Focus On
When dissecting an Albemarle sustainability report, focusing on specific Key Performance Indicators (KPIs) is essential for efficient analysis. Prioritize metrics related to climate change, such as absolute and intensity-based greenhouse gas (GHG) emissions (Scope 1, 2, and 3), energy consumption, and the percentage of renewable energy used. For environmental stewardship, examine water withdrawal and consumption, particularly in water-stressed regions, as well as waste generation and diversion rates (recycling, reuse). Social performance indicators include employee health and safety statistics (e.g., Total Recordable Incident Rate – TRIR), workforce diversity data (gender, ethnicity), employee training hours, and community investment figures. Governance metrics might involve details on board diversity, executive compensation linked to ESG performance, and ethics training completion rates. By concentrating on these concrete data points, stakeholders can gain a clear, objective understanding of Albemarle’s ESG impact and progress for 2026.
Understanding Targets vs. Achievements
A critical aspect of analyzing any sustainability report, including Albemarle’s, is distinguishing between stated targets and actual achievements. Companies set future goals for environmental, social, and governance (ESG) performance, which are vital for demonstrating forward-thinking strategies. However, it’s equally important to assess how effectively the company is meeting these targets. Review the report for clear data comparing progress against established goals. Look for explanations regarding any shortfalls or deviations from targets; credible reports offer transparent reasoning, whether due to unforeseen circumstances, operational challenges, or shifts in strategy. Conversely, exceeding targets indicates strong execution and commitment. This comparison helps gauge the company’s reliability, strategic execution capabilities, and overall sincerity in its sustainability endeavors. For investors in Lausanne and beyond, this provides crucial insight into risk and opportunity for 2026.
Assessing Transparency and Data Credibility
Transparency and data credibility are paramount when evaluating an Albemarle sustainability report. Look for clear disclosures about the scope and boundaries of the report – which entities, geographies, and time periods are covered. Reputable reports will also specify the reporting frameworks used (e.g., GRI, SASB, TCFD) and detail any limitations or areas not covered. Data assurance by an independent third party adds significant credibility; check if the report includes a statement from an external auditor verifying the reported data. Critically examine the consistency of data year-over-year and compare it with publicly available information or regulatory filings. Red flags might include vague language, lack of specific data, selective reporting, or absence of third-party assurance. For stakeholders in Switzerland, known for its high standards of corporate governance and transparency, assessing these factors is essential for building trust in Albemarle’s sustainability claims for 2026.
The Importance of Albemarle’s ESG Efforts
Albemarle’s commitment to Environmental, Social, and Governance (ESG) principles, as detailed in their sustainability reports, is increasingly vital for long-term business success and stakeholder value. Environmentally, their efforts to reduce emissions, manage water responsibly, and minimize waste are crucial in combating climate change and preserving natural resources, factors of significant concern in regions like Switzerland. Socially, their focus on employee safety, diversity, and community well-being fosters a more resilient and ethical business operation, attracting top talent and building strong community relations. Strong governance practices ensure accountability, risk management, and ethical decision-making, providing confidence to investors and regulatory bodies. For the primary audience – industrial manufacturers, technology innovators, and battery manufacturers – Albemarle’s robust ESG performance translates directly into supply chain reliability, reduced regulatory risk, and alignment with their own sustainability goals. This holistic approach positions Albemarle not just as a supplier, but as a strategic partner committed to a sustainable future, essential for business in 2026.
Driving Innovation in the Energy Transition
Albemarle plays a pivotal role in driving innovation essential for the global energy transition, a key theme reflected in their sustainability reports. As a leading producer of lithium and advanced bromine materials, their products are fundamental components for electric vehicles (EVs), renewable energy storage systems, and other clean technologies. The company’s continuous investment in research and development aims to enhance the performance, safety, and sustainability of these critical materials. By focusing on efficient extraction and processing, Albemarle works to minimize the environmental footprint associated with producing these vital resources. Their commitment to supplying high-quality materials reliably supports the rapid growth of the EV market and the expansion of renewable energy infrastructure worldwide. This strategic focus aligns perfectly with global sustainability agendas and the growing demand from industries seeking to decarbonize their operations, making Albemarle a key enabler of a cleaner energy future by 2026.
Enhancing Supply Chain Sustainability
Enhancing supply chain sustainability is a critical focus for Albemarle, often highlighted in their detailed reports. Recognizing that a significant portion of their environmental and social impact lies within their supply chain, the company actively engages with suppliers to promote responsible practices. This includes implementing supplier codes of conduct that address environmental protection, human rights, labor standards, and ethical business conduct. Albemarle often conducts supplier assessments and audits to ensure compliance and identify areas for improvement. They are committed to sourcing materials ethically and responsibly, particularly concerning minerals like lithium and cobalt, working to ensure fair labor practices and environmental stewardship throughout the extraction and processing stages. By fostering a more sustainable supply chain, Albemarle not only mitigates risks but also enhances the overall ESG profile of its products, providing assurance to customers in demanding markets like Switzerland and supporting broader sustainability goals for 2026.
Building Trust with Stakeholders
Building and maintaining trust with stakeholders is a core objective underscored by Albemarle’s transparent sustainability reporting. Through comprehensive disclosure of their ESG performance, targets, and challenges, the company demonstrates accountability and a commitment to open communication. This transparency is crucial for investors seeking to understand the long-term risks and opportunities associated with their investments, for customers who increasingly demand sustainable products and supply chains, and for employees who want to work for a responsible company. By actively engaging with communities, environmental groups, and regulatory bodies, Albemarle seeks to address concerns and build collaborative relationships. This proactive approach to stakeholder engagement, coupled with robust reporting practices, helps solidify Albemarle’s reputation as a reliable and responsible leader in the chemical industry, vital for continued success in markets like Lausanne in 2026.
Top Sustainability Reporting Practices in 2026
As we look towards 2026, the landscape of corporate sustainability reporting continues to evolve, with best practices emphasizing greater transparency, data accuracy, and stakeholder engagement. Companies like Albemarle are increasingly aligning their reports with globally recognized standards such as the Global Reporting Initiative (GRI) Standards, the Sustainability Accounting Standards Board (SASB), and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). This ensures that reports provide consistent, comparable, and decision-useful information on Environmental, Social, and Governance (ESG) performance. A key trend is the integration of sustainability data into mainstream financial reporting, reflecting the understanding that ESG factors are material to long-term financial performance. Furthermore, companies are leveraging digital platforms and interactive tools to make their sustainability information more accessible and engaging for a wider audience. For businesses in Lausanne and across Switzerland, staying abreast of these evolving reporting practices is crucial for benchmarking and ensuring robust corporate accountability. The focus is shifting from simply reporting on activities to demonstrating tangible impact and contribution towards global sustainability goals.
Alignment with Global Frameworks
Alignment with global reporting frameworks is a hallmark of leading sustainability reports, including those from companies like Albemarle. The Global Reporting Initiative (GRI) Standards remain the most comprehensive framework, providing guidelines for disclosing a broad range of ESG impacts. The Sustainability Accounting Standards Board (SASB) offers industry-specific standards, enabling more targeted and relevant disclosures for investors, particularly valuable for specialized sectors. The Task Force on Climate-related Financial Disclosures (TCFD) framework guides companies in reporting on the financial risks and opportunities associated with climate change, a critical area for many industries. Many leading companies also reference the United Nations Sustainable Development Goals (SDGs), demonstrating how their strategies and operations contribute to achieving these global targets. For businesses operating in sophisticated markets like Switzerland, adherence to these frameworks signifies a commitment to transparency, comparability, and robust ESG performance in 2026.
Integrated Reporting and Digitalization
Integrated reporting, which combines financial and non-financial (ESG) information into a single, concise narrative, is gaining traction as a best practice. This approach reflects the growing understanding that sustainability performance is intrinsically linked to financial success. Companies are moving beyond separate sustainability reports to create integrated communications that demonstrate how ESG factors influence strategy, risk management, and value creation. Digitalization plays a crucial role in this evolution. Interactive online platforms, data visualization tools, and dedicated sustainability portals allow companies to present complex information in an engaging and accessible manner. These digital tools facilitate easier navigation, deeper dives into specific topics, and real-time updates, enhancing stakeholder engagement. For businesses and stakeholders in Lausanne seeking efficient access to comprehensive corporate information in 2026, these integrated and digital approaches are becoming the standard.
The Role of Assurance
Third-party assurance is a critical component of credible sustainability reporting. Engaging independent auditors to verify ESG data and claims significantly enhances the reliability and trustworthiness of the information presented in a sustainability report. Assurance provides stakeholders with greater confidence that the reported metrics are accurate, complete, and presented in accordance with established guidelines or standards. This practice is becoming increasingly expected by investors, regulators, and customers who rely on this data for decision-making. Reports that include a statement of external assurance, detailing the scope and findings of the assurance process, are generally viewed more favorably. As ESG considerations become more integrated into investment decisions and regulatory requirements, the role of independent assurance in sustainability reporting will continue to grow in importance through 2026.
Cost Considerations for Sustainable Practices
While the term ‘sustainability report’ might suggest a focus solely on environmental and social metrics, the financial implications are significant and often detailed within these reports, particularly regarding the costs associated with implementing and maintaining sustainable practices. Investing in renewable energy, upgrading to energy-efficient technologies, implementing advanced water treatment systems, and adopting circular economy models can involve substantial upfront capital expenditures. However, these investments often yield long-term financial benefits, including reduced operational costs (e.g., lower energy and water bills), decreased waste disposal fees, and enhanced resource efficiency. Furthermore, strong ESG performance can lead to improved access to capital, lower borrowing costs, and a higher valuation for the company. For businesses in Lausanne, Switzerland, where environmental regulations are stringent and stakeholder expectations for sustainability are high, understanding the cost-benefit analysis of these practices is crucial for long-term viability and competitive advantage in 2026.
Investment in Green Technologies
Investing in green technologies is a primary cost driver for companies aiming to improve their sustainability performance, as often detailed in reports like Albemarle’s. This includes expenditure on renewable energy sources such as solar or wind power installations at manufacturing sites, or purchasing renewable energy credits. Significant investments are also made in energy-efficient equipment, advanced process controls, and closed-loop systems that reduce resource consumption and emissions. For companies like Albemarle, producing materials essential for the energy transition, R&D spending on developing more sustainable extraction and production methods for materials like lithium is also a considerable cost. While these investments require capital, they are increasingly viewed not as costs, but as strategic investments that drive efficiency, reduce long-term operational expenses, and enhance brand reputation.
Operational Cost Savings
A key objective and often a highlighted outcome of implementing sustainable practices is achieving operational cost savings. For instance, reducing energy consumption through efficiency upgrades directly lowers utility bills. Implementing water conservation measures can significantly decrease water and wastewater treatment costs, especially in water-scarce regions. Effective waste management programs, including recycling and reuse initiatives, can reduce landfill fees and potentially generate revenue from salvaged materials. Furthermore, optimizing logistics and transportation can lead to fuel savings and reduced emissions. These cumulative savings can often offset the initial investment in sustainable technologies, demonstrating that environmental responsibility can go hand-in-hand with economic prudence. This financial logic is increasingly important for businesses aiming for profitability and competitiveness through 2026.
Risk Mitigation and Compliance Costs
Adhering to environmental regulations and mitigating potential risks are significant factors influencing costs associated with sustainability. Companies must invest in compliance measures to meet stringent standards for emissions, waste disposal, and chemical handling. Failure to comply can result in substantial fines, legal liabilities, and reputational damage. Proactive investments in sustainable practices, such as advanced pollution control technologies or robust safety protocols, help prevent environmental incidents and ensure regulatory adherence, thereby reducing the risk of costly penalties and operational disruptions. For multinational corporations like Albemarle, managing diverse regulatory landscapes across different jurisdictions, including those in Europe, requires ongoing investment in expertise and systems to ensure consistent compliance and minimize legal and financial risks through 2026.
Common Pitfalls in Sustainability Reporting
While transparency is the goal, several common pitfalls can undermine the credibility and effectiveness of sustainability reports. One frequent issue is ‘greenwashing’ – making misleading or unsubstantiated claims about environmental performance. This can occur through selective reporting of positive data while omitting negative impacts, or using vague, non-specific language. Another pitfall is a lack of clear targets and measurable progress; reports that focus only on past activities without setting future goals or demonstrating progress towards them offer little insight into future performance. Inconsistent methodologies or data that lacks third-party assurance can also raise doubts about credibility. Furthermore, reports that are not aligned with recognized reporting frameworks (like GRI or SASB) can be difficult for stakeholders to interpret and compare. Finally, failing to engage with stakeholders and address their concerns can lead to reports that miss the mark on relevance and impact. Avoiding these pitfalls is crucial for building trust and demonstrating genuine commitment to sustainability in 2026.
Avoiding Greenwashing and Misleading Claims
Greenwashing, the practice of making exaggerated or false claims about environmental benefits, is a significant pitfall that erodes stakeholder trust. To avoid this, Albemarle’s reports (and any company’s report) should be grounded in verifiable data and transparent methodologies. This means providing specific metrics for environmental performance, clearly defining the scope of reporting, and avoiding vague or emotive language. Claims about product benefits or operational improvements should be supported by evidence, such as lifecycle assessments or independent certifications. Acknowledging challenges and discussing mitigation strategies, rather than solely highlighting successes, also contributes to authenticity. For stakeholders in Switzerland, known for its high ethical standards, avoiding greenwashing is paramount for maintaining credibility and fostering genuine engagement with sustainability initiatives through 2026.
Setting Realistic and Measurable Targets
Setting realistic and measurable targets is fundamental to effective sustainability reporting. Goals that are vague, overly ambitious without a clear path to achievement, or lack defined timelines can be counterproductive. Best practices involve setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) targets that are aligned with the company’s overall business strategy and material ESG issues. These targets should be clearly articulated in the report, along with the methodologies for tracking progress. Regularly reporting on performance against these targets, including transparent explanations for any deviations, demonstrates accountability. For Albemarle and its stakeholders, clearly defined targets for emissions reduction, resource efficiency, and social impact provide a roadmap for progress and a basis for evaluating performance year after year, especially as we move towards 2026.
Ensuring Data Accuracy and Assurance
The accuracy and reliability of the data presented in a sustainability report are critical for its credibility. Companies must establish robust internal systems for data collection, management, and validation. This includes clear definitions for all metrics, consistent application of methodologies across operations, and regular internal reviews. Crucially, engaging independent third-party assurance for key ESG data adds a significant layer of credibility. This external validation confirms that the reported information is free from material misstatement and has been prepared in accordance with relevant standards. Stakeholders, particularly investors and regulators in regions like Switzerland, increasingly expect this level of assurance to make informed decisions. Ensuring data accuracy and obtaining assurance is therefore essential for building trust and demonstrating genuine commitment to sustainability through 2026.