Hexion Ranks Among Top Four Companies in North American Chemical Sector on Prominent International ESG Assessment

COLUMBUS, Ohio--(BUSINESS WIRE)--Hexion Inc., a leading producer of thermosetting resins, specialty resins, coatings and adhesives, is proud to announce it has ranked among the top four companies in the North American chemical sector with a score of 50 out of 100, according to an environmental, social and governance (ESG) Assessment from V.E, part of Moody’s ESG Solutions.

This ESG Assessment is the latest recognition of Hexion’s commitment to and progress toward its ambitious sustainability and corporate responsibility goals.

V.E’s ESG Assessments measure the extent to which a company is managing ESG-related risks and opportunities and equip leaders with data and insights needed to make better decisions.

“We are pleased to receive such a positive, third-party assessment underscoring the significant progress we’ve made with our various sustainability initiatives,” said Craig Rogerson, Hexion’s Chairman, President and Chief Executive Officer. “Thorough and independent assessments such as this demonstrate how exceptionally hard we have worked to ensure that sustainability and social responsibility is at the absolute core of our business.”

V.E’s ESG Assessment is the latest recognition of Hexion’s efforts to create a cleaner, safer and more socially conscious company. Earlier this year, the company announced plans to reduce absolute carbon emissions by 20 percent by 2030. In April, Hexion was awarded ENERGY STAR® Partner of the Year. Hexion’s recently released 2020 Sustainability Report, which details the Company’s current progress towards it sustainability goals for 2020 and beyond, can be viewed at www.hexion.com/company/responsibility/sustainability.

About the Company

Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global adhesive, coatings, composites and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Additional information about Hexion Inc., its products and sustainability is available at www.hexion.com.

Moody’s ESG Solutions Group is a business unit of Moody’s Corporation serving the growing global demand for ESG and climate insights. The group leverages Moody’s data and expertise across ESG, climate risk, and sustainable finance, and aligns with Moody's Investors Service (MIS) and Moody's Analytics (MA) to deliver a comprehensive, integrated suite of ESG and climate risk solutions including ESG scores, analytics, Sustainability Ratings and Sustainable Finance Reviewer/certifier services.

For more information visit moodys.com/esg-measures.