Sustainability Report
Sustainability + Innovation = Growth
Croda 2021 non-financial data performance summary
Sustainability Report
2021 demonstrated once again how our Purpose and Commitment to sustainability are helping to deliver record performance in the face of many challenges.
Annual Report
2021, record financial performance – strategy executed with agility.
Materiality
In 2021, a Group materiality assessment allowed us to fine-tune our understanding of the sustainability issues and opportunities most material to our key stakeholder groups, and therefore most strategic for our business. Recurring themes from this included: transparency and traceability across the entire value chain; increasing regulations and reporting obligations; biodegradability and waste management; more proactive engagement; and wider collaboration to understand and address the interconnected nature of issues.
This exercise confirmed that our 2030 strategy and objectives resonate strongly with our stakeholders’ vision. The overwhelming message was a clear recognition of the progress we have made on sustainability, our solid disclosures, and commitment to transparency.
1.5°C science-based target validated
Leading our sector in becoming only the third major chemical company in the world to have a 1.5°C science-based target validated, we are turning ambition into action as we have developed investment-ready decarbonisation roadmaps across our manufacturing sites.
Sustainable palm derivatives
Most of our organic raw materials are bio-based, providing alternatives to fossil-based ingredients. Using natural resources brings a responsibility to ensure there are no negative societal or environmental impacts, we have fully aligned with SDG17, Partnerships for the Goals, to increase our levels of transparency across all suppliers and supplier partnerships.
Crop Care product validation centre
Our state-of-the-art Crop Care Product Validation Centre validates and substantiates claims and results from our formulation, microbiology and seed treatment laboratories for our agrochemical customers. The new centre furthers our innovation and use of digitalisation and new technologies to create more sustainable solutions for customers.
Sustainability
Sustainability spans every area of our business and is a crucial way we add value to our customers.
Find out moreSmart science
Innovation drives us to achieve our Purpose, from the ingredients we create and how we operate, to the natural, renewable raw materials that we use.
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