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Clariant unveils new targets & sustainability commitments

07 Sep '15
2 min read

Clariant, a world leader in specialty chemicals, chose its inaugural Sustainability Dialog on September 2, 2015 to announce new company-wide commitments and latest milestones in its proactive sustainability strategy.

Hosted together with guest sustainability experts at the Clariant Innovation Center in Frankfurt, Germany, Clariant welcomed important stakeholders from customer industries, politics, NGOs and the media to its new event aimed at fostering open dialog and future cooperation.

Clariant's major announcements at the event emphasized its commitment to the on-going process of anchoring sustainability in its strategy. These included setting up of a zero-deforestation policy with focus on traceability across the value chain and obtaining Roundtable on Sustainable Palm Oil (RSPO) supply chain certification, proactive encouragement of value chain collaboration with customers, suppliers and other third parties to improve Clariant's sustainability and that of its customers, and replacement of heavy-metal based pigments in masterbatches and Chromium (VI) catalysts in the near future, according to a press release.

Clariant CEO Hariolf Kottmann said, “Only with specialty chemistry will we find new ways into a sustainable future. We must create long-term value. And we can only achieve this through innovative strength and strict sustainable practices. It is the only way to establish a leading position in our businesses. We have, therefore, set up a clear sustainability strategy for the future.”

The latest results of the company's Portfolio Value Program were presented by Joachim Krüger, senior vice-president corporate sustainability and regulatory affairs department. The Portfolio Value Program is a systematic, in-depth screening process using 36 sustainability criteria in all three sustainability dimensions – social, environmental and economic – and on all aspects of a product life-cycle. The on-going screening process being implemented across the company identifies product groups for improvement through innovation, replacement or removal from the portfolio.

The keynote presentation of Klaus Töpfer, executive director of the Institute of Advanced Sustainability Studies (IASS) and former director of the United Nations Environment Program, provided a key highlight in emphasizing the link between the specialty chemicals industry, stakeholders and wider society. He elaborated on sustainable development trends in the specialty chemicals industry and set a framework to larger societal context. (GK)

Fibre2Fashion News Desk – India

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