Corbion has been recognized for leadership in corporate sustainability by global environmental non-profit CDP. Corbion was recognized for its actions to cut emissions, mitigate climate and water risks, and strengthen its forest-related policies, based on the data reported by the company through CDP's 2021 climate change, water and forest questionnaires. Within our sector, we are amongst 21% of companies that reached the Leadership level on Climate change, demonstrating that we are implementing current best practices.
CDP's annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2021, over 590 investors with over US$ 110 trillion in assets and 200+ major purchasers with US$4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP's platform. Over 13,000 responded – an all-time record. The consensus on what qualifies as climate leadership has evolved and CDP is raising the bar. In the coming years, CDP will develop its scoring methods to track against scientific benchmarks and pathways reflecting companies' historical, current and projected impacts; product portfolios; and investment and transition plans.
Olivier Rigaud, CEO of Corbion, said, "At Corbion, our purpose is to preserve what matters and we exist to champion preservation in all its forms, preserving food, health, and our planet. We are proud our efforts are recognized by CDP. This year we raised our scores on Water and Forests to B, our overall Climate score fell slightly from A to A-. This signals that to become - but more importantly: to stay - a sustainable frontrunner is not simply a journey of linear progression, but one of continuous improvement. A journey we are fully engaged with, as shown by our commitment to achieve net-zero value chain emissions by 2050 and to raise the ambition level of our Science-based target, which we will announce in the course of 2022."