We understand that preservation and sustainability go hand-in-hand. By increasing the longevity of something, whether it be a physical material or product, we are helping to build a more sustainable future. Some of our products act directly as preservatives, through material protection, while other products work to combat harmful microorganisms and improve hygiene, helping to support healthier societies.
Aligning our sustainability strategy with the UN SDGs is incredibly important to create a more sustainable and equitable world. To do this, we continue to gather data to ensure we transparently disclose our progress so we can make the most tangible and measurable impacts.
Our commitment to sustainability is closely tied to our focus on innovation and technology. We work to strike a delicate balance between the necessity for microbial control and the use of materials that preserve the health of our planet. We are committed to sustainability through various initiatives, including preserving current technologies that protect public health and developing new, greener, low-carbon and more sustainable chemistries and products that benefit our customers.
At Arxada, we aim to preserve the planet by producing low-carbon footprint products that reduce emissions and minimize resource depletion. By utilizing low-carbon and energy efficient production methods, as well as responsible sourcing of materials, we promote sustainable consumption patterns. This not only helps mitigate climate change (SDG 13: Climate Action) but also supports the transition to a more sustainable economy (SDG 12: Responsible Consumption and Production) and helps the entire value chain to meet its sustainability commitments.
One key area of focus is preventing microbial contamination in consumer products, a crucial endeavor to safeguard manufacturers' and marketers' finances and reputations. Our preservatives are designed to inhibit the growth of harmful bacteria, yeast and fungi, so extending the shelf life of personal care and cleaning products and reducing the need to dispose of products before use. As microbes continue to evolve due to increasing population density and climate change, the threats they pose to people, places and the planet are constantly evolving. We uphold our commitment to pioneering technology and innovation that can protect public health while promoting sustainability.
Our teams work closely to make certain our products meet all current and anticipated regulatory requirements. We have created and instituted a product development process that goes beyond regulatory compliance and is focused on performance, environment and safety goals that benefit customers, associates and end-users alike. In developing our products, our research and development (R&D) and operational teams work together to ensure our products support preservation in their end uses. For example, products that form a component in paints and coatings can be used to protect and preserve the material of the surface they are used on. Coatings used on wind turbines that produce renewable energy must withstand harsh weather conditions, while coatings used on appliances must withstand everyday use.
Arxada's purpose is to advance better science to solve the world's toughest preservation challenges. Preservation is about protecting and maintaining the health and wellbeing of people and improving the longevity of vital infrastructure, while improving the health of the planet. Our ambition is to innovate and be part of efforts to address the UN SDGs.
Effective preservation plays an essential role in enhancing the longevity of water-based products, leading to significant reduction in waste across global supply chains. Preserving products is crucial for minimizing waste and ensuring product safety. Ineffective preservation leads can limit the useful life of products, leading to higher waste and energy use over time. This impacts product development across many of our business lines, namely paints and coating, professional hygiene and marine antifouling.
Globally, the development and use of effective preservation solutions face increasing regulatory challenges. Many active biocidal substances have either been discontinued, unsupported, not approved, or restricted for use. There is an urgent need for innovative technologies that can utilize existing effective biocidal agents in conjunction with new delivery methods and solution enhancements. Additionally, the advancement of sustainable innovations, such as bio-based technologies, adjuvants and potentiators, is essential.
Investing in innovations for microbial control will require significant resources and concentrated effort, with considerable time needed for success. Collaboration with customers, NGOs and regulatory bodies is crucial to navigate the evolving regulatory landscape and reduce uncertainty. Arxada aims to provide valuable insights into the latest developments as a leader in responsible innovation, showcasing cutting-edge technologies that redefine the possibilities for achieving more sustainable preservation solutions.