Earth Day and Beyond: Our 2022 Sustainability Report

Posted on April 14, 2023

2022 Sustainability Report

As part of Croda, Avanti has seen many changes and exceptional growth. We are proud of the changes and the processes that have been implements to align with Croda’s sustainability strategy. In recent years, the Croda has made significant strides in its sustainability efforts, and its latest Sustainability Report 2022 is a testament to its progress and achievements.

One of the key pillars of Croda's sustainability strategy is its commitment to reducing its carbon footprint. The company has set ambitious targets to achieve net-zero carbon emissions by 2050, and a 50% reduction in its Scope 1 and 2 emissions by 2030. Croda has made significant progress towards achieving these targets, with a 21% reduction in its Scope 1 and 2 emissions since 2016. The company has invested in renewable energy sources such as wind and solar power to reduce its reliance on fossil fuels. Additionally, Croda is working to reduce emissions in its supply chain by working with suppliers to improve their sustainability performance.

Another key focus area for Croda is the responsible use of resources. The company has set targets to reduce its water and waste intensity by 50% by 2030. Croda has made significant progress towards achieving these targets, with a 30% reduction in water intensity and a 20% reduction in waste intensity since 2016. The company has also implemented circular economy principles in its operations, such as the use of recycled materials in its products and the recycling of waste materials.

Croda's commitment to sustainability extends beyond its own operations to its value chain. The company works closely with its suppliers to ensure that they meet its high sustainability standards, including responsible sourcing of raw materials and ethical labor practices. Croda also engages with its customers to help them achieve their sustainability goals, offering products and services that are designed to reduce their environmental impact.

In addition to its environmental commitments, Croda is also committed to promoting diversity, equity and inclusion (DEI) within its organization. The company has set targets to increase the representation of women and underrepresented groups in its workforce, and to ensure that all employees have equal opportunities for career development and advancement. Croda also offers training and support to its employees to help them understand and address issues related to DEI.

Croda's Sustainability Report 2022 also outlines the company's progress towards achieving the United Nations Sustainable Development Goals (SDGs). The report demonstrates how Croda's products and operations are aligned with the SDGs, and how the company is working to contribute to their achievement.

One example of Croda's contribution to the SDGs is its work to improve the sustainability of the palm oil industry. Palm oil is a key ingredient in many of Croda's products, and the company is committed to sourcing sustainable palm oil that meets its strict sustainability standards. Croda is a member of the Roundtable on Sustainable Palm Oil (RSPO), a global organization that promotes the production and use of sustainable palm oil. The company also works with its suppliers to ensure that they meet its sustainability standards for palm oil sourcing.

In conclusion, Croda's Sustainability Report 2022 demonstrates the company's commitment to sustainability and responsible business practices. The report highlights the progress that the company has made towards achieving its sustainability goals, and outlines its plans for the future. By prioritizing sustainability across its operations, value chain, and workforce, Croda is positioning itself as a leader in the chemical industry and a responsible corporate citizen. Croda's sustainability efforts are aligned with the United Nations Sustainable Development Goals, and the company is working to make a positive contribution to a more sustainable future.

For the full report and more information about our goals and achievements, click here!