Working with SustainableX, Hypetex has created a tractable model to evaluate its current impact and guide its business decision-making process and manufacturing solution, along with its ongoing improvement policy, guided by its commitment to a sustainable future using the United Nations Sustainability Development Goals (UN SDG) and measured against the ESG framework.
Hypetex is addressing the need for paint as a finish to composite products. This impacts a broad range of sectors and the industry as a whole, and for the producers and brands who utilise its solutions, leading to very significant ecological, cost and CO2 reduction benefits: Removal of the need for harmful paints; Removal of additional finishing process with large time and cost reduction; Significant energy reduction needed for paint application; Reduction in carbon emissions; Reduction of final part weight.
Hypetex endeavours to create value by acting responsibly towards the world in which it operates, contributing to the sustainable development of society and the economy, whilst placing a consistent focus on ecology and employee welfare. Due to rapidly escalating environmental and ecological concerns globally, Hypetex recognises that increased efforts are required by companies to acknowledge the significance of sustainability in modern manufacturing.
Nick Reilly and Rondi Allan of SustainableX stated: “Hypetex recognise and understand how they can, directly and indirectly, contribute to the UN global goals. Their biggest impacts come from supporting customers to eliminate processes from their production, increase product resilience and lengthen design life.
“It is great to see them investing in and rapidly developing their measurement systems to include environmental and social impacts. A road map is set out to establish benchmarks and set ambitious targets, to ensure Hypetex continues to authentically contribute to a sustainable future.”
Marc Cohen, CEO at Hypetex, commented: “Hypetex aims to maintain deeper engagement in social responsibility activities. Sustainability has always been part of our ethos and has helped to guide our choices when selecting chemistries, business suppliers and partners. We are keen to change the current status quo relying on post processing painting and the significant negative effect this has on any future sustainability goals. Our business believes in an ecologically friendly future and is invested in the advancement of biomaterials, sustainable chemistries and waste recycling.”
