- High inflation and extended destocking impacted Croda’s business.
- Challenges in quantifying upstream scope 3 emissions.
- Slow market progress in Asia for completing RSPO certification for palm oil derivatives.
- Challenges in achieving gender-balanced shortlists for new roles.
Croda International Plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Croda International Plc disclosed greenhouse gas emissions of 101.2K tCO2e/year (Scope 1 & 2). By scope: Scope 3: 674.2K tCO2e/year (upstream). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
101.2K tCO2e/year (Scope 1 & 2)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 674.2K tCO2e/year (upstream) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 101.2K tCO2e/year (Scope 1 & 2) |
| 2022 | 121.1K tCO2e/year (Scope 1 & 2) |
| 2020 | 148.0K tCO2e/year |
| 2017 | 67.3K tCO2e/year |
| 2015 | 183.3K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emissions by 33% since 2018.
- Reduced upstream Scope 3 emissions by 22% since 2018.
- Avoided 812,620 tonnes CO2e through the use of ingredients.
- Saved 58,815 hectares of land (versus 2019 baseline).
- Reduced water usage by 35% versus 2018 baseline.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute scope 1 and 2 emissions by 25% by the end of 2024.
- Deliver two million tonnes of CO2e emissions savings through product use by the end of 2024.
- Achieve 71% bio-based organic raw materials by the end of 2024.
- All key suppliers to achieve minimum EcoVadis score or have action plan by end of 2024.
- Key suppliers representing at least 50% of raw material volumes to sign up to SBTi or equivalent by end of 2024.
📅 Medium-term
- Achieve SBTs by 2030, reducing scope 1 and 2 emissions by 46.2% from a 2018 baseline and reducing upstream scope 3 emissions by 13.5%.
- Achieve 75% bio-based organic raw materials by 2030.
- Reduce water use impact by 50% from 2018 baseline by 2030.
- Achieve 4:1 Carbon Cover by 2030.
🔭 Long-term
- Become a Net Zero organisation by 2050.
🌱 ESG Focus Areas
Climate ChangeNaturePeople