Our social licence to operate is built on trust and is the foundation of everything we do. We consider all stakeholders in our ecosystem and strive to adopt best practices with regard to the environment, labour and human rights, ethics and sustainable procurement. Through our Fundamentals, we will directly contribute towards the following UN SDG targets:
By being a responsible business, we are contributing to a wide range of SDGs, as determined by our specific actions and projects.
SDG 3.4, SDG 3.9, SDG 4.3, SDG 6.3, SDG 6.4, SDG 8.5, SDG 8.8, SDG 12.2, SDG 12.5, SDG 12.6, SDG 12.7, SDG 14.1
- In 2020 we achieved an OSHA recordable injury rate of 0.54, excluding acquisitions and COVID-19
- 9.7% reduction in total water consumption since 2018
- Partnering with the Fair Wage Network, with assessments under way globally
- Achieving a platinum medal in EcoVadis, the world’s most trusted business sustainability ratings - confirming our position in the top 1% of all companies assessed by EcoVadis in our industry
Examples of progress
Case study: Digitalisation and manufacturing
We can see the potential of big data, robotics, analytics and the Internet of Things to drive manufacturing excellence and contribute to our right first time agenda. We have several projects running to explore the potential of these tools and how we might quickly scale them across the group. This work is laying the foundations for digital integration between factory floor and supply chain, with improved resource efficiency a key output.
For example, advanced analytics is providing new insights from the vast array of data at our manufacturing site in Mevisa, Spain. We are identifying patterns and connections that would be impossible manually due to the data volumes. The team has already seen results including reduced cycle times, improved yield and lower energy consumption.
In another example, our complex chemistries have historically used traditional methods for quality analysis and control, taking samples during manufacture, conducting laboratory analysis then adjusting operating parameters. This cycle is often repeated several times to meet precise customer specifications, which can be time consuming and increase resource consumption. Our manufacturing site in Gouda, Netherlands addressed this issue through innovative process design and adopting the latest near-infrared analytical capabilities. This enables real-time quality measurement coupled with predictive control, reducing batch cycle times, optimising utility consumption, and eliminating the need to take and destroy samples. Validation in 2021 will be followed by rollout to other Croda sites.
Case study: Water impact
In the next few years, two thirds of the world’s population may face water shortages and ecosystems around the world will become even more stressed. We have set a target to halve our water impact by 2030, reducing it by 25% by the end of 2024. We are moving beyond simply measuring and reducing water use to conducting in-depth studies on the impact of our activities, prioritising the actions required to safeguard water.
In 2020, we worked with Sabrina Ledke, an MSc student at the UK’s University of York on a methodology that takes a holistic approach, incorporating considerations such as water quality, displacement effects and water stress projections on an individual location basis. During 2020-21 we used one of our UK manufacturing site as a case study, and identified six sites in water stressed regions around the world to pilot the methodology. These sites were used to define a water impact metric to enable us to measure our water stewardship progress effectively.
Read more about sustainability being at the heart of what we do:
Croda calls on the UK Government to deliver a clean and just recovery planCorporate
We are proud to be one of 200 UK businesses that have called on the UK Government to deliver a ‘clean and just’ recovery planRead more
Croda donates solar panel modules to non-profit organisationsCorporate
We have donated 1,000 SunPower solar panels to three non-profit organizations for use in low-income housing and crop generation.Read more