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Corbion receives strong sustainability ratings in multiple categories from CDP
Globenewswireยท 2025-07-23 05:00
Core Insights - Corbion has demonstrated a strong commitment to sustainability, achieving high scores in climate, water, and supplier engagement according to CDP's Disclosure Cycle 2024 [1][3][5] Group 1: Climate Performance - Corbion received an A- rating in Climate, reflecting its science-based approach and aggressive emission reduction targets, including a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions and a 25% reduction in Scope 3 emissions by 2030 compared to 2021 [3][7] - The company aims to achieve net-zero emissions across its value chain by 2050 [3] Group 2: Water Management - Corbion earned a B rating in Water, having established minimum water management requirements across all manufacturing sites, including compliance with local water permits and pollution control protocols [4] Group 3: Supplier Engagement - The company achieved an A- rating in Supplier Engagement, indicating strong engagement with suppliers, particularly for high-impact raw materials, and has implemented a multi-supplier sourcing policy [5][6] - In 2024, Corbion collected primary emissions data covering approximately 65% of the GHG emissions from raw materials within the target scope [5] Group 4: Transparency and Accountability - Corbion has been participating in CDP's Climate Change and Supply Chain programs since 2016 and has made its submissions public since 2019 for Climate Change and 2021 for Water [6][8] - The company emphasizes that CDP is more than a reporting framework, as it drives performance and accountability, affirming progress in critical areas [8]