Kraton Corporation, the Texas-based producer of specialty polymers and high-value bio-based products, announced on Monday the release of its 2023 Sustainability Report, "Working Together for a Sustainable Tomorrow." 

The company said its latest Sustainability Report showcases Kraton's commitment to "preserving the planet, building reliable partnerships, and empowering people" as they progress along their sustainability journey, according to a June 24 news release.

"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's CEO. "This approach fuels our long-term vision to create innovative solutions for a sustainable tomorrow." Boldrini added that its employees, stakeholders, communities, and the planet demand the company's commitment to strategic growth through responsible environmental stewardship. 

"Sustainability is at the core of everything we do at Kraton," said Rogier Roelen, Kraton's 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."

Highlights of "Working Together for a Sustainable Tomorrow" include:

  • Advancement in sustainability management strategies and progress on sustainability metrics.
  • Received an EcoVadis Platinum Sustainability Rating in 2023.
  • Awarded the 2023 Henkel Adhesives Technologies Supplier Award in the Sustainability category.
  • Outlined energy and resource efficiency improvements across Kraton's global operations, resulting in a notable decrease in absolute carbon emissions.
  • Achieved advancements in developing bio-based 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 our partners & suppliers adhere to the highest environmental and ethical standards.
  • Planted the company's '100,000th' tree through its Tree Nation partnership, which focuses on reforestation.

*Kraton's diversity tracking is based on race in the U.S. and based on gender outside the U.S.

The report delineates 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. 

Kraton's 2023 Sustainability Report was prepared following the Global Reporting Initiative Standards core option, the Sustainability Accounting Standards Board Standards, the United Nations Global Compact, and the Task Force on Climate-Related Financial Disclosures recommendations.

For those who would like to view the complete report, click HERE.

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