Smart science to improve lives™

Our targets

In 2018, our Executive Committee worked with the Cambridge Institute of Sustainability Leadership (CISL) to develop our sustainability strategy to 2030, ensuring alignment to the United Nations Sustainable Development Goals (SDGs).

As part of our Commitment to being Climate, Land and People Positive we have developed targets linked to the UN SDGs. These stretching targets are driving our current and future sustainability programme.

Croda 2020 non-financial data performance summary

Targets

Climate Positive by 2030

Objectives Targets Milestones SDGs

Reducing Emissions:

We will achieve our Science-Based Targets (SBTs) by reducing our emissions in line with limiting the global temperature rise to 1.5ºC above pre-industrial levels, maximising the use of renewable energy in our operations.

By 2030, we will have achieved our SBTs, in line with limiting global warming to 1.5ºC.

Thereafter, by 2050 we will be a net zero organisation.

A reduction of 25% in 2018 absolute scope 1 and 2 emissions by the end of 2024.

All Croda locations to have a decarbonisation roadmap by the end of 2022.

7.2, 9.4, 13.2

Carbon Cover:

We will enable the transition to a low carbon economy. We will be Climate Positive, working closely with our customers to develop products that offer carbon-saving benefits in use.

By 2030, use of our products will avoid four times the carbon emissions associated with our business - our 4:1 carbon cover.

Two million tonnes of CO2 emissions savings delivered through use of our products by the end of 2024.

100% of our product portfolio evaluated for downstream scope 3 impact by the end of 2024.

7.2, 7.2, 
13.2

Sustainable Innovation

We will accelerate the transition to bio-based products, moving away from fossil/petrochemical feedstocks.

By 2030, more than 75% of our organic raw materials by weight will be bio-based, absorbing carbon from the atmosphere as they grow.

71% (rolling three-year average) of our organic raw materials to be bio-based by the end of 2024. 12.2

2020 Climate Positive update

Read more about sustainability being at the heart of what we do:

Croda develops young minds of tomorrow during COP26

We have launched new sustainability focused materials for children in STEM

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Croda calls on the UK Government to deliver a clean and just recovery plan

We are proud to be one of 200 UK businesses that have called on the UK Government to deliver a ‘clean and just’ recovery plan

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