EcoVadis, a worldwide grading agency for sustainability performance, has given Archroma, a pioneer in specialty chemicals toward sustainable solutions, a Gold grade.
This strengthens Archroma’s standing in the top 5% of the more than 130,000 businesses from 180 nations and 220 industries evaluated by EcoVadis based on strict standards pertaining to labor and human rights, environmental performance, ethics, and environmentally friendly purchasing.
“Everything we do at Archroma is guided by a well-defined sustainability strategy that aims to create and provide cutting-edge solutions that improve people’s lives. The ambitious environmental operations objectives we have outlined for 2030 encompass this. Mark Garrett, CEO of Archroma Group, stated. “Our constant objective is to guide our sector toward a a future with greater sustainability. Through interacting with websites such as EcoVadis, we reinforce our dedication to cooperation and openness while keeping our eyes on the needs of customers and the surroundings.
It also includes Archroma’s internal operating goals. With no hazardous waste going to landfills, Archroma aims to cut water intensity by 40%, energy intensity by 15%, and trash intensity by 10% between 2023 and 2030. Additionally, an aggressive 20% reduction in absolute Scope 1 emissions of greenhouse gases (GHGs) from its own facilities and operations and a 40% decrease in the energy’s absolute Scope 2 indirect greenhouse gas emissions absorbs.
Since 2017, we have been monitoring our sustainability journey through the EcoVadis audits, and it has been really inspiring to see how far we have come as well as how much the industry standard for sustainability management has evolved over this period. Archroma’s Group Sustainability Director, Martina Beitke, stated. Here at Archroma, we think that effective leadership, common objectives, and a climate that encourages creativity and collaboration are essential for generating value for our stakeholders and having a favorable influence on individuals. planet.
See our EcoVadis badge here and the Archroma FY2023 Sustainability Report here for further details.
