Croda International Plc, which uses smart science to create, make and sell speciality chemicals that improve lives, is this month celebrating being awarded the new Platinum status by EcoVadis.
This Platinum award sees Croda not only placed in the top 1% of all – companies in the chemical sector, but also in the top 1% of all companies assessed by the platform. The rigorous EcoVadis methodology assesses over 75,000 companies in 160 countries across 200 industries, providing an evaluation of how well a company has integrated the principles of sustainability/CSR into its business and management system.
The methodology for assessment is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000. The evidence-based methodology covers assessment against four themes: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement, with Croda identified as having advanced CSR practices in three of these categories.
Commenting on the assessment Stuart Arnott, President Sustainability at Croda said: “We have been assessed by EcoVadis for almost 10 years, first achieving a Gold status in 2012. Since then, we have consistently improved and we are determined to go even further, targeting to score of at least 85/100 by end of 2023 and to be ‘outstanding’ in all four themes by 2030. This ambition underpins our leadership position and commitment to being the most sustainable supplier of innovative ingredients.”
For more information on Croda’s commitment to sustainability, visit www.croda.com/sustainability.
About Croda www.croda.com
Established in 1925, Croda is the name behind sustainable, high performance ingredients and technologies in some of the world’s most successful brands: creating, making and selling speciality chemicals that are relied on by industries and consumers everywhere.
Croda is a FTSE 100 company with over 4,500 passionate and innovative employees, working across manufacturing sites and offices around the world with a shared Purpose to use Smart Science to Improve Lives™. As part of this Purpose, and with around two thirds of its organic raw materials already from bio-based sources, Croda has committed to be the most sustainable supplier of innovative ingredients, becoming Climate, Land and People Positive by 2030.