Kraton Corporation, a global producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, announced it achieved a 41% reduction in Scope 1 and 2 GHG since 2014 and a 35% drop in emissions intensity.

The company also completed a double materiality assessment to guide ESG priorities and support its Corporate Sustainability Reporting Directive (CSRD) alignment, according to its 2024 Sustainability Report.

Kraton launched a data excellence program to enhance ESG data quality, automate reporting, and develop new decarbonization targets and expanded Life Cycle Assessment (LCA) data to cover nearly 90% of its product portfolio, offering customers greater visibility of product environmental impact.

The company also earned the EcoVadis Platinum sustainability rating for the fourth consecutive year.

“2024 marked a pivotal year in Kraton’s sustainability journey. We turned ambition into action, significantly reducing our Scope 1 and 2 emissions by 41% from our 2014 baseline and earned an EcoVadis Platinum rating for the fourth consecutive year,” said Marcello Boldrini, Kraton Chief Executive Officer, in a statement. “We accelerated our decarbonization strategy, advanced biobased innovation, and partnered with customers such as WJ Group and Henkel to help address global sustainability challenges. As demand for sustainable chemicals grows, our focus remains on developing the right solutions, fostering strong partnerships, and cultivating the culture necessary to lead this transformation responsibly and competitively.”

Kraton’s 2024 report was prepared in accordance with the Global Reporting Initiative (GRI) Standards, the Sustainability Accounting Standards Board (SASB), the United Nations Global Compact, and the Task Force on Climate-related Financial Disclosures (TCFD).