This Platinum award sees Croda not only placed in the top 1% of all – companies in the chemical sector, but also in the top 1% of all companies assessed by the platform. The rigorous EcoVadis methodology assesses over 75,000 companies in 160 countries across 200 industries, providing an evaluation of how well a company has integrated the principles of sustainability/CSR into its business and management system.
The methodology for assessment is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000. The evidence-based methodology covers assessment against four themes: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement, with Croda identified as having advanced CSR practices in three of these categories.
Commenting on the assessment Stuart Arnott, President Sustainability at Croda said: “We have been assessed by EcoVadis for almost 10 years, first achieving a Gold status in 2012. Since then, we have consistently improved and we are determined to go even further, targeting to score of at least 85/100 by end of 2023 and to be ‘outstanding’ in all four themes by 2030. This ambition underpins our leadership position and commitment to being the most sustainable supplier of innovative ingredients.
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