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Wednesday February 8th, 2023
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Croda joins the World Business Council for Sustainable Development

Croda International Plc, a company that puts science at the heart of creating high-performance ingredient solutions in an innovation and everyday improvement approach, joined more than 200 of the world's largest sustainable companies on 10 October as a new member of the World Business Council for Sustainable Development (WBCSD).

Croda designs, manufactures and sells chemical and specialty ingredients for consumers and industries worldwide, employing more than 5,500 people worldwide. Last year, Croda's science-based goals to reduce carbon emissions, in line with the goal of limiting temperature rise to 1.5°C, were fully verified and the company was recognized as Company of the Year at the World Sustainability Awards.

By joining the WBCSD, Croda also announces its aspiration to become a "Zero Impact on Nature Company" by 2030. In addition to its "Climate, Land and People Positive" sustainability commitment, the company will strive to achieve a "zero-emission future" for nature, in which natural capital is protected and restored, promoting the health, well-being and prosperity essential to all.

Croda's Net Nature Positive ambition will be achieved by placing greater emphasis on preserving and restoring natural ecosystems in its supply chains, minimizing the impact of its operations on water and helping to accelerate sustainable and regenerative agriculture.

Croda's ambition to be the most sustainable ingredient supplier and become a company with a positive impact for the climate, the earth and people by 2030 is well aligned with the WBCSD Vision 2050: Time to Transform – a vision of a world where by 2050, more than nine billion people will be able to live well, within the limits of the planet.

Steve Foots, Chief Executive Officer of Croda Group, said: " We are delighted to join the WBCSD. Knowledge sharing and collaboration to have a higher positive impact are key to accelerating the system transformations needed for a net-zero, nature-positive, and more equitable future. At the same time, we are committed to a Net Nature Positive future that is essential to the future health, well-being and prosperity of us all. »

" At Croda, our sustainability commitments, announced more than two years ago, are at the heart of our strategy, and we are proud to provide unique solutions to help our clients achieve their sustainability goals and those of society at large. Thanks to the WBCSD's global influence, we can maximize the impact of our actions across all sectors and build on the work of other leading organizations. »

By joining the WBCSD, Croda will benefit from a global network of nearly 70 national business councils and collaboration with other targeted CEOs, giving it an unparalleled global networking reach.

WBCSD President and CEO Peter Bakker said, "Croda is an award-winning company in the Peter Bakker, President and CEO of WBCSD, said: " Croda is an award-winning sustainability company and an important addition to our network. Through their involvement with the WBCSD, they will help advance nature-based solutions and stimulate collective corporate action on water management. By combining a reasoned scientific approach and sustainability, Croda will be key to transforming systems and achieving a world in which more than 9 billion people live well, within the limits of the planet. »

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