Basel, Switzerland—September 12, 2023—Arxada, a global, science-based leader in innovative specialty chemicals, today announced that it has been awarded a bronze medal for its 2023 Ecovadis assessment for achievements regarding sustainability and corporate social responsibility (CRS). This recognition highlights Arxada’s commitment to creating better science to solve the world’s toughest preservation challenges as well as a “people first” culture and work environment.
Ecovadis is an independent rating agency that assesses sustainability and CSR practices across a multitude of industries worldwide. Their evaluation process is comprehensive and examines four key areas including environment, labor and human rights, ethics and sustainable procurement. Arxada has earned a bronze medal rating, with a score of 55/100, placing Arxada in the 62nd percentile. The strongest performance is in the environmental dimension with a score of 70/100. This result recognizes Arxada as a company with best-in-class greenhouse gas (GHG) management system and strong decarbonization ambition with approved science-based targets.
“Arxada’s Ecovadis achievement is a testament to our foundational sustainability mission of leading the specialty chemicals industry through its transition to cleaner, greener solutions,” said Marc Doyle, CEO (Chief Executive Officer), Arxada. “The company has implemented numerous initiatives to reduce its environmental footprint and to support a diverse and inclusive workplace, while ensuring ethical business practices. Arxada’s commitment to sustainability is deeply engrained in our culture and this achievement validates our continued pursuit of excellence in this area.”
In May 2023, Arxada issued its inaugural sustainability report, The Power of Science & Sustainability. The report outlines three strategic pillars (Planet, Preservation and People), reinforcing the Company’s commitment to building a sustainable future. The report highlights progress made to date and establishes important metrics and initiatives that will contribute to the company’s long-term success. Arxada manufactures a broad range of innovative chemistries that address the growing need for more sustainable protection of human health and wellbeing, infrastructure and our planet.
For more information about Arxada and its sustainability journey and to read the full sustainability report, visit https://sustainability.arxada.com/
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Arxada is a global science-based specialty chemicals business creating innovative chemistry and solutions. With customers in more than 100 countries, it achieved sales of Chf 2.4 billion in 2022. The company aims to solve the world’s toughest preservation challenges by enhancing sustainability with cleaner, greener solutions. Arxada focuses on multiple end-markets, primarily in: Human Health & Nutrition, Home & Personal Care, Paints & Coatings and Wood Protection, providing a broad portfolio of differentiated products and solutions, supported by its science and innovation capabilities, in-depth regulatory know-how and track record in manufacturing and process development. Headquartered in Basel (Switzerland), the company’s 3,600 employees contribute to the success of its customers, spanning 24 production sites and 14 R&D centers.