Climate Change Data

Environmental Metrics

ESG Focus Areas

• Materials
• Safety of chemical ingredients
• Raw material sourcing and scarcity
• Disclosure & Transparency
• Public disclosure of information related to sustainability, governance, and products
• Climate Change / Greenhouse Gases
• Climate risks and opportunities
• Emissions of greenhouse gases
• Ecological Impacts
• Biodiversity
• Deforestation
• Environmental management
• Responsible agricultural practices
• Water
• Water use, waste water treatment, and water recycling
• Workplace Health & Safety
• Health and safety management
• Health and wellness training programs
• Waste
• Hazardous and non-hazardous waste
• Management of product end-of-life
• Energy
• Energy use
• Renewable energy
• Supply Chain Management
• Screening business partners on ethics and sustainability issues
• Compliance
• Compliance with environmental, health, and safety regulations

Environmental Achievements

• 21% reduction in water used per ton of production for the industry since 2009
• Alternative sources for energy increased 30%
• 18% improvement overall in waste reduction
• 9% decline in greenhouse gas emissions since 2009
• 22 percent reduction in water use over a five-year period

Social Achievements

• Over 6k hygiene kits put together for families and communities in need in 2014 and 2015
• $65k donated between 2014 and 2015 by ACI and our member companies to support free home cleanings for women battling cancer
• Hazard data publicly available for 80% of ACI members’ cleaning product ingredients

Governance Achievements

• 25 companies committed to improving their sustainability performance through participation in ACI’s Charter for Sustainable Cleaning
• First-ever cleaning product industry materiality assessment identifies top 10 issues for the industry

Climate Goals & Targets

Environmental Challenges

• Solid waste generation remains the most challenging metric to accurately capture for reporting purposes; in 2013, only 31 percent of waste could be categorized.
• It is often difficult to evaluate how humans may be exposed to asthma through cleaning products or chemicals.

Mitigation Strategies

• ACI’s Cleaning Product Ingredient Safety Initiative is intended to enhance industry disclosure of safety information by making data and assessments more readily available to the public.
• ACI supported research published in the journal Regulatory Toxicology and Pharmacology, assessing the quality of a number of current assessment schemes for predicting the ability of a chemical to trigger asthma or asthma-like symptoms.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Preserving food and food production (SDG 2)
• Preserving health (SDG 3)
• Preserving the planet (SDG 12, 13, 14)

Environmental Achievements

• Achieved 93% biobased raw materials in 2022 (target >95% by 2025 and >95% by 2030)
• Achieved 98% of raw materials covered by generic supplier code in 2022 (target >90% by 2025 and >90% by 2030)
• Reduced high-risk raw material/supplier combinations to 4% in 2022 (target <10% by 2025 and <10% by 2030)
• 100% of high-risk raw material/supplier combinations had mitigation plans in 2022 (target >90% by 2025 and >90% by 2030)
• Rayong site achieved 100% renewable electricity in 2023 (target 100% for all sites by 2025)
• Araucária facility achieved Zero Waste Certification in 2022
• Implemented new circular lactic acid manufacturing process reducing CO2 emissions

Social Achievements

• 100% of employees completed Code of Business Conduct training in 2022
• 100% of relevant employees completed anti-corruption and competition law training in 2022
• Social Value Assessments performed at manufacturing facilities in Blair, US (2021) and Rayong, Thailand (2022)
• Developed a family of next-generation antioxidant solutions, including a rosemary-based ingredient, increasing monetary value in the local economy of Morocco and decreasing carbon footprint

Governance Achievements

• Implemented a Speak Up/whistleblowing policy with 25 internal and 1 external contact in 2022

Climate Goals & Targets

Environmental Challenges

• Deforestation in agricultural supply chains
• High-risk raw material/supplier combinations
• GHG emissions
• Waste disposal

Mitigation Strategies

• Collaboration with GRAS for deforestation monitoring
• Supplier engagement, traceability investigation, SEDEX registration, SMETA audits, and identification of alternative raw materials or suppliers for high-risk combinations
• Science-based targets for GHG emission reduction
• Implementing zero-waste initiatives and new circular production technology

Supply Chain Management

Supplier Audits: Audits conducted by an external third-party auditor at least every three years; SMETA assessments

Responsible Procurement

• Supplier code of conduct
• Sustainable agriculture policy
• Palm Oil Policy
• Cane Sugar Code

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Transition Risks

• Regulatory changes

Opportunities

• Development of energy-efficient products
• Growth in biobased products

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), Science Based Targets initiative (SBTi)

Certifications: ISO 45001, Bonsucro, RSPO, Zero Waste Certification

UN Sustainable Development Goals

• SDG 2
• SDG 3
• SDG 12
• SDG 13
• SDG 14

Corbion focuses on these SDGs because it believes it can make the most significant positive impact given its business activities.

Sustainable Products & Innovation

• Next-generation antioxidant solutions
• AlgaPrime™ DHA
• FiberLive®

Awards & Recognition

• Ecovadis Gold Sustainability Rating
• CDP Climate Change A- score
• CDP Supplier Engagement A score
• CDP Forests B score (palm oil and soy)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circular Economy
• Biodiversity
• Water Stewardship
• Human Rights in the Supply Chain
• Consumer Health and Product Safety
• Human Capital
• Health and Safety
• Data Security

Environmental Achievements

• Reduced absolute Scope I and II emissions by 25% compared to 2021
• Reduced Scope III emissions by 37% per ton of product compared to 2021
• Increased use of renewable electricity at Gorinchem site to 100%
• Mechanically completed new circular lactic acid plant in Rayong, Thailand (lowest carbon footprint)
• 98-99% recycling of by-products

Social Achievements

• Reduced global Total Recordable Injury Rate (TRIR) to 0.51 from 0.68 in 2022
• Decreased employee turnover from 13.2% in 2022 to 10.2% in 2023
• Launched Global Well-Being Project Team
• Continued offering diverse training programs
• 100% of innovation projects contributed to preserving food and food production, health, and/or the planet

Governance Achievements

• Implemented a dedicated Anti-Retaliation Policy
• Revised Speak Up Policy to comply with EU Whistleblower Directive
• Strengthened the Regulatory Affairs organization
• Continued reinforcing the importance of our values through various initiatives
• Updated Diversity and Inclusion Policy for the Supervisory Board and the Executive Committee

Climate Goals & Targets

Environmental Challenges

• Customer destocking due to declining retail volumes and high inventories
• Softness in the market for PLA due to lockdowns in China, regulatory hurdles in the EU, high inflation, and pressures on plastics manufacturers
• Declining demand in the electronics segment
• High inventory levels in multiple industries
• Unfavorable weather conditions in 2023 slowing sales in agrochemicals
• Temporarily decreased demand in pharmaceuticals due to high stock levels
• Market-wide talent shortage
• Raw material, energy, and carbon price volatility and availability
• Changing consumer behavior toward food and changing product regulations

Mitigation Strategies

• Helped customers minimize recipe costs and replace synthetic ingredients with natural alternatives
• Expanded geographically with new distribution partnerships
• Increased capacity for manufacturing vinegar-based solutions
• Developed a restructuring program to drive positive free cash flows
• Implemented robust talent acquisition processes
• Developed adequate measures to secure contract positions and obtain financial instruments to minimize exposure to cost fluctuations
• Implemented a multiple-supplier sourcing policy
• Works closely with customers to identify trends and develop the right portfolio of solutions
• Monitors developments and includes changing consumer behavior in scenario analysis

Supply Chain Management

Supplier Audits: 100% of high-risk raw material/supplier combinations have mitigation plans

Responsible Procurement

• Supplier Code
• Cane Sugar Code
• SEDEX
• SMETA
• Bonsucro
• RSPO
• ProTerra

Climate-Related Risks & Opportunities

Physical Risks

• Reduced yields in agriculture
• Disruption of logistics and operations

Transition Risks

• Carbon pricing
• Changing consumer behavior
• Changing regulations

Opportunities

• Growth due to customers seeking low carbon products

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC, SBTi, CDP, EcoVadis, EU Taxonomy

Certifications: ISO 14001, ISO 45001, BRC, FSSC22000, SQF, GMP+, GMP Pharma (ICHQ7), RSPO, Bonsucro, ProTerra

Third-party Assurance: KPMG Accountants N.V.

UN Sustainable Development Goals

• SDG 2
• SDG 3
• SDG 12
• SDG 13
• SDG 14

69% of Corbion’s net sales contributed to preserving food and food production, health, and/or the planet in 2023

Sustainable Products & Innovation

• AlgaPrime™ DHA
• Lactic acid for PLA bioplastics
• Origin™ natural antioxidants
• PURAC® Sanilac solutions

Awards & Recognition

• CDP Supplier Engagement Leaderboard (top 8%)
• EcoVadis Gold rating