Pilot Chemical Co., a specialty chemicals company based in Cincinnati, Ohio, put out its first sustainability report. The publication signals a growing awareness among privately owned U.S. companies of the demand for sustainable products along the supply chain.
Pilot, which makes additives for metalworking fluids and lubricants, said the report came after a two-year materiality assessment. Private companies don’t have to engage in or disclose their sustainability actions. However, customers are starting to include suppliers in their own sustainability efforts. This could make companies that do disclose more competitive.
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