2022 Annual Report
The world is facing global challenges that will shape our lives, consumer demands and technology megatrends for generations to come. By applying our Purpose and using Smart science to improve livesTM we can rise to the challenges society faces, capturing new opportunities for growth. |
Our Purpose in action
At Croda, our Purpose is to use Smart science to improve livesTM. We combine our knowledge, passion and entrepreneurial spirit to create, make and sell innovative ingredients that are relied on by industries and consumers around the world. We improve people's lives every day by helping to:
Prevent, treat and potentially cure diseases through the development of drug delivery systems |
Enhance crop yields, enable land savings and improve food security through the development of crop care technologies |
Improve more lives through the Croda Foundation which is funding 21 projects in 19 countries with 14.9 million beneficiaries |
Promote the hygiene, health, wellbeing and confidence of consumers through the creation of Consumer Care ingredients |
Preserve the planet’s scarce resources through the delivery of our sustainability Commitment |
Meeting global challenges
Of the trends affecting our markets and supply chains, we have identified three key global challenges that our strategy helps to address. Our Commitment to be Climate, Land and People Positive by 2030 is founded on the UN SDGs, ensuring Croda delivers a positive impact.
| Living sustainably within our planetary boundaries |
Global demand for health and wellbeing |
Feeding a growing population and restoring nature |
These are enabled by digitalisation, which is facilitating faster, more connected supply chains. Read more
Technology trends affecting our markets
In Life Sciences, the 20th century was the era of the small molecule, relatively simple compounds made by chemical synthesis. The 21st century is the era of biologics, much larger molecules manufactured inside animal cells or micro-organisms, that are already transforming medicine and will transform agriculture over the next decade. Find out more
Consumers want to live more sustainably and this is impacting their decisions when it comes to the products that they buy. Generational shifts are accelerating these trends with an increasing number of consumers willing to pay more for purpose-led brands that meet their specific values. Sustainability will be the biggest single driver of consumer markets over the next decade and beyond. Find out more
Sector reviews
Consumer Care
Capturing new opportunities, positively impacting everyday life
Life Sciences
Capturing new opportunities, pioneering the future of Pharma and innovating for sustainable agriculture
Key Performance Indicators
Our key performance indicators are reviewed regularly by the Board and executive leadership to monitor Group performance, and are linked to executive remuneration. Other metrics relevant to the implementation of our strategy, including our sustainability strategy, are also regularly reviewed and tracked.
KPIs ARA2022
Non-financial reporting
Croda 2022 non-financial data pack
TCFD ARA2022
Recent highlights
Scope 1 & 2 emissions
-20% against baselineLand area saved
145,709 hectaresProtecting
61 million lives through our sun protectionSustainable sourcing
81% key suppliers engaged
Sustainability Report
Read about our progress towards meeting global challenges and delivering greater impact.
Find out moreOur targets
We are developing our sustainability strategy to 2030, ensuring our alignment to the United Nations Sustainable Development Goals (SDGs).
Find out more