Transparency and action on the part of the global ingredient supplier continue
to contribute to the mitigation of climate change, earning an A- score in the
most recent assessment by the world's leading authority on environmental
reporting.
Corbion is continuing to play a leading role in advancing corporate
sustainability, according to the most recent assessment by global environmental
non-profit CDP. Following a review of data submitted by Corbion in response to
CDP's 2023 climate change, water and forest questionnaires, CDP commended the
company's continuing actions to cut emissions, mitigate climate and water risks,
and strengthen its forest-related policies. Within its sector, Corbion ranked
among the 26 percent of companies at the Leadership level (A- score) on climate
change that are implementing current best practices.
CDP's annual environmental disclosure and scoring process is widely recognized
as the gold standard of corporate environmental transparency. In 2023, 746
investors with over US$136 trillion in assets and 330+ large purchasers with
over US$6.4 trillion in procurement spend requested thousands of companies to
disclose their environmental data through CDP. More than 23,200 companies,
representing over 66% of global market value, responded to this year's
questionnaire. Disclosure through CDP provides a basis for measuring progress
toward a climate-safe, deforestation-free, water-secure future and a truly
sustainable economy.
Olivier Rigaud, CEO of Corbion, said: "We value the CDP's assessment as an
important gauge of how well we at Corbion are maintaining our focus, commitment
and leadership role in shaping a more sustainable future. Maintaining a high
level of performance over time is very challenging, as requirements increase
every year. We are proud of the work we've done to maintain momentum on our
sustainability journey, and look forward to what we can accomplish in the coming
year; that's the mindset we must hold onto over the long term because that's
what this journey requires."
"As CDP continually raises the bar for what represents environmental leadership,
the work of all companies should be celebrated, but is never complete," said
Sherry Madera, CEO of CDP. "We must see corporate ambition ramp up on climate
and nature-positive action. This has never been more crucial."
Corbion has committed to achieving net-zero value chain emissions by 2050, and
has received external validation of science-based targets aiming to limit global
temperature rise to 1.5?C.
The full list of publicly available company scores is available here:
https://www.cdp.net/en/companies/companies-scores
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