Archroma secures gold EcoVadis sustainability rating
The company has set ambitious environmental operations targets for 2030.
Archroma, manufacturer of specialty chemicals, has been awarded a Gold rating by EcoVadis, the global rating agency for sustainability performance.
This consolidates Archroma’s position among the top 5 percent of the more than 130,000 companies from 180 countries and 220 industries assessed by EcoVadis against stringent criteria covering environmental performance, ethics, labor and human rights, and sustainable procurement.
Mark Garrett, group CEO, Archroma, said: ‘Archroma has a clear sustainability strategy that guides all of our efforts to develop and deliver innovative solutions that enhance people’s lives. This is encapsulated in the ambitious environmental operations targets we have just announced for 2030. Our enduring goal is to lead our industry towards a more sustainable future. By engaging with platforms like EcoVadis, we strengthen our commitment to partnership and transparency while retaining our focus on consumers and the environment.’
It extends to Archroma’s own operational targets. From 2023 to 2030, Archroma will work to reduce water intensity by 40 percent, energy intensity by 15 percent and waste intensity by 10 percent, with zero hazardous waste to landfill. It will also aim for an ambitious 20 percent reduction in absolute Scope 1 greenhouse gas (GHG) emissions from its own plants and processes and a 40 percent reduction in absolute Scope 2 indirect GHG emissions from the energy it consumes.
Martina Beitke, group sustainability director, Archroma, said: ‘We have been tracking our sustainability journey through the EcoVadis assessments since 2017 and it has been so motivating to chart our progress and to see how much the standard of sustainability management has also improved across industries over this time. At Archroma, we believe that strong leadership, shared goals and a culture that supports innovation and partnership are the keys to creating value for our stakeholders and a positive impact on people and planet.’
Stay up to date
Subscribe to the free Label News newsletter and receive the latest content every week. We'll never share your email address.