Smart science to improve lives™
Castor plant for crodas sustainability targets

Sustainability 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.

Sustainability goals and targets

Climate Positive by 2030

Climate impact report 23

Objectives Targets Milestones 2022 Progress

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.

SDGs: 7.2, 9.4. 13.2 

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.

Absolute scope 1 and 2 emissions have reduced by 19.8% since 2018.

Every Croda location, including non-manufacturing sites, has completed decarbonisation roadmaps demonstrating how they can achieve a 50% reduction in scope 1 and 2 emissions by the end of 2029.

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.

SDGs: 7.2, 7.3, 23.2

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.

687,926 tonnes CO2e were avoided through the use of ingredients attached to verified case studies giving a carbon cover ratio of 0.66 (2021: 0.4).

In 2022 we developed a framework which enabled further engagement with customers and identification of scope 3 savings, enhancing the quality of our product portfolio evaluation.

Sustainable Innovation:

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

SDGs: 12.2

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.
Our use of bio-based organic raw materials increased by two percentage points from 57% to 59.4%.

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