KRATON STRIVES TO MAKE A POSITIVE DIFFERENCE
Kraton strives to make a Positive Difference to our customers, in our jobs and to the world. We achieve this through a commitment to safe, compliant, socially, and environmentally-sound operations that help create long-term value in a resource-constrained world.
Sustainability is at the core of our company, as we deliver on our promise of Sustainable Solutions. Endless Innovation.™ It is embedded across the organization, allowing us to grow our business, improve productivity and manage risks – and enable our customers to do the same. Through a relentless focus on product quality and sustainability, we help meet market demands, advance the bioeconomy and promote a more sustainable future for everyone.
OUR SUSTAINABILITY JOURNEY
Our sustainability journey started in 2016, building on the foundations of two combined companies, Arizona Chemical and Kraton Polymers. As a joint effort, we progressed towards building a sustainability strategy incorporating sustainability throughout all functional areas, making it the heart of our business.
Kraton appointed a Sustainability Council responsible for developing and implementing the strategy, targets, and Sustainability Program. The council focuses on Strategic and Operational management sustainability, ensuring the long-term sustainability of Kraton. Additionally, to manage our short-term sustainability performance across Environmental, Social, and Governance (ESG) themes.
In 2018 we earned the Silver rating from EcoVadis, a global provider of business sustainability ratings. In 2019, we committed to the United Nations Global Compact’s Ten Principles and identified the United Nations Sustainable Development Goals (SDG) that are relevant to our business model.
We earned the EcoVadis Gold rating in 2020. Kraton became a member of Together for Sustainability (TfS), a joint initiative of chemical companies that uses the EcoVadis platform to improve supply chain sustainability for the chemical industry.
Additionally, in 2020, we achieved our 25 percent greenhouse gas (GHG) intensity reduction target, ten years ahead of our 2030 goal (compared to 2014). During that same year, we committed to further Diversity and Inclusion (D&I), updated our Code of Ethics, commenced diversity and inclusion training, and established a global D&I Council.
Responding to the growing need from customers to understand the Environmental Impact of our products, we met our target of completing 12 cradle-to-gate Life Cycle Assessments (LCA) for our key products by early 2021.
We are proud participants in the American Chemistry Council’s Responsible Care® initiative, and in early 2021, we met our goal to certify all US manufacturing facilities to Responsible Care 14001.
In 2021 we defined new long-term sustainability targets to make effectual progress in preserving water resources, addressing climate change, and the societal ambition to move to a circular and biobased economy. Our continued focus on improving our sustainability management system awarded us the EcoVadis Platinum rating, placing Kraton in the top 1% of more than 90,000 companies assessed by EcoVadis.
In 2022, we plan to continue building on our expertise by developing a more comprehensive understanding of the risks and opportunities associated with climate change and a transition to a low carbon economy aligned with the Taskforce for Climate-Related Financial Disclosures (TCFD) framework. We remain committed to the United Nations (UN) Global Compact’s principles and efforts contributing to the UN’s Sustainable Development Goals (SDG) relevant to our strategy, business model, and activities.