Eastman Chemicals releases its 2013 sustainability report revealing company on track to meet all short-, mid-term greenhouse gas reduction goals, met goal of having sustainably advantaged products account for two-thirds of new product launch revenues

Allison Oesterle

KINGSPORT, Tennessee , June 4, 2013 (press release) – Eastman Chemical Company (NYSE:EMN) has released its 2013 Sustainability Progress Report, an overview of achievements and areas for continued improvement experienced since the publication of its 2011 Sustainability Report, “Connecting Science and Sustainability.”

Committed to being increasingly transparent, Eastman provides an update on the 2011 Sustainability Report’s short-, mid-, and long-term goals for economic growth, environmental stewardship and social responsibility.

The report highlights several global projects that have provided sustainable solutions resulting in performance, value and an improved environmental footprint. It also introduces Solutia Inc., an acquisition that is expanding Eastman’s portfolio of sustainable products.

Goal progress includes:

being on track in the short- and mid-term regarding all environmental goals addressing air emissions with plans for additional reductions of greenhouse gases, nitrogen oxide and sulfur dioxide emissions in order to meet long-term goals
meeting its goal to have two-thirds of new product launch revenues come from sustainably advantaged products
successfully engaging key influencers to share leading practices and promote sustainability efforts
continuing to address a number of other goals, including evaluation of its philanthropic strategy and a system to track volunteer activities

The report is viewable at www.Eastman.com/sustainability and can be downloaded in a .pdf format.

Eastman is a global specialty chemical company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction and consumables. Eastman focuses on creating consistent, superior value for all stakeholders. As a globally diverse company, Eastman serves customers in approximately 100 countries and had 2012 pro forma combined revenues, giving effect to the Solutia acquisition, of approximately $9.1 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 13,500 people around the world. For more information, visit www.eastman.com.

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