Kraton Publishes 2023 Sustainability Report Highlighting Key Achievements
Last update on Jun 27, 2024
Kraton Corporation, a sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping by-products, announces the release of its 2023 Sustainability Report. The report titled 'Working Together for a Sustainable Tomorrow' showcases Kraton's commitment to preserving the planet, building reliable partnerships, and empowering people as they progress along their sustainability journey.
Minimize Environmental Impact
The report outlines Kraton's sustainability initiatives, including progress on its sustainability strategy and long-term waste, water, and GHG emission targets. It also shares Kraton's performance vs. critical targets and commitment to key United Nations Sustainable Development Goals (SDGs).
'At Kraton, we're focused on minimizing our environmental impact, best-in-class performance, and collaborating across the value chain to meet our customers' intricate needs,' said Marcello Boldrini, Kraton CEO.
'This approach fuels our long-term vision to create innovative solutions for a sustainable tomorrow. We're committed to strategic growth through responsible practices, operational excellence, and innovation that benefit our stakeholders, communities, and the planet. As we continue our journey, we're excited to build on our progress and address new challenges as we contribute to a more sustainable world.'
'Sustainability is at the core of everything we do at Kraton,' said Rogier Roelen, Kraton chief sustainability officer. 'Integrating sustainable practices across our business enables us to address global challenges such as climate change, water scarcity, and efficient use of resources. It also means we're dedicated to improving the well-being of our employees, prioritizing diversity & inclusion, and supporting our local communities. This report highlights our commitment to transparency and continuous improvement as we work towards achieving our sustainability goals and contributing to a better society.'
2023 Report Highlights
2023 report highlights include:
- Advancement in sustainability management strategies as well as progress on essential sustainability metrics.
- Received an EcoVadis Platinum Sustainability Rating in 2023.
- Awarded the 2023 Henkel Adhesives Technologies Supplier Award in the Sustainability category.
- Outlined improvements in energy and resource efficiency across Kraton's global operations, resulting in a notable decrease in absolute carbon emissions.
- Achieved advancements in developing biobased and circular alternatives to fossil-based products to minimize environmental impact and enhance product life cycles.
- Improved diversity and inclusion efforts, with 56% of new hires being diverse.
- Increased supply chain transparency and accountability, ensuring that the partners & suppliers adhere to the highest environmental and ethical standards.
- Planted our 100,000th tree through Tree Nation partnership focused on reforestation.
Kraton's 2023 Sustainability Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards core option, the Sustainability Accounting Standards Board (SASB) Standards, the United Nations Global Compact, and the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).
Source
Kraton Corporation