Croda International Plc, using intelligent science to create, manufacture and supply life-enhancing specialty ingredients, celebrates this month the achievement of new Platinum status by EcoVadis.
This Platinum Award places Croda not only in the top 1 % of all companies in the chemical sector, but also in the top 1 % of all companies assessed by the platform. EcoVadis' rigorous methodology evaluates over 75,000 companies in 160 countries and 200 business sectors. It enables us to determine the extent to which a company has integrated sustainability/ CSR principles into its business management system and activities.
The assessment methodology is based on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact and ISO 26000. The evidence-based methodology covers assessment on four themes: environment, labor and human rights, ethics and sustainable procurement. Croda was identified as having advanced CSR practices in three of these categories.
Commenting on the assessment, Stuart Arnott, President of Croda's Sustainability Division, said, "We've been assessed by EcoVadis for almost 10 years, achieving Gold status for the first time in 2012. Since then, we've gone from strength to strength, and we're determined to go even further, aiming for a score of at least 85/100 by 2023, and to be 'Outstanding' in all four themes by 2030. This ambition underpins our leadership position and our commitment to being the most sustainable supplier of innovative ingredients."
