HOUSTON – May 3, 2019 Kraton Corporation (NYSE: KRA), a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products, announces that it received a Silver recognition medal for its sustainability rating from EcoVadis. This is the seventh consecutive year the company was recognized for commendable sustainability performance.
“This continuous recognition demonstrates Kraton’s commitment to sustainability at every level of our organization,” said Nella Baerents, Kraton’s Sustainability Policy Director. “We believe sustainability will help us to grow, improve productivity and manage risks.”
Kraton works with more than 6,000 suppliers globally. Kraton’s Supplier Code of Conduct, Conflict Minerals Policy, and Slavery and Human Trafficking Statement guides suppliers on Kraton’s expectations. This includes high integrity and ethical behavior regarding human rights, material supply sourcing and fair competition. In 2018, Kraton began rolling out its responsible procurement program and became an Enterprise user of EcoVadis ratings to further improve sustainability performance and reduce risks in the supply chain.
“Our direct engagement with customers, and especially suppliers, through the EcoVadis platform is an example of risk management in action,” said Suzanne Pesgens, Kraton’s Vice President and Chief Procurement Officer. “At the end of the day, we have to progress and build a sustainable economy together with all actors in the value chain. No company can do it alone.”
EcoVadis is a global provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. The EcoVadis platform and sustainability scorecards provide insight into environmental, social and ethical risks across 198 purchasing categories and 155 countries. Their methodology provides a single framework to evaluate, collaborate and improve sustainability performance in order to protect brands, foster transparency and innovation and accelerate growth.
About Kraton Corporation
Kraton Corporation (NYSE: KRA) is a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products. Kraton's polymers are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants and lubricants, medical, packaging, automotive, paving and roofing applications. As the largest global provider in the pine chemicals industry, the company's pine-based specialty products are sold into adhesive, road and construction and tire markets, and it produces and sells a broad range of performance chemicals into markets that include fuel additives, oilfield chemicals, coatings, metalworking fluids and lubricants, inks and mining. Kraton offers its products to a diverse customer base in numerous countries worldwide. Kraton, the Kraton logo, SYLFAT, SYLVALITE and SYLVARES are all trademarks of Kraton Corporation, or its subsidiaries or affiliates.
Media Contact: Thao Pham; T: (281) 770-1380