CRODA INTERNATIONAL PLC.
CRDA.LSE | Manufacture of other chemical products n.e.c.
Croda International Plc is a specialty chemicals company. It operates through four segments: Consumer Care, Life Sciences, Performance Technologies, and Industrial Chemicals. The Consumer Care segment provides ingredients and formulations for skin care, hair care, sun care, and fragrance products. T...Show More
Better Health for All
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Croda Pharma, formed in 2022, supports over 250 new programs in 2021 targeting therapeutic areas such as oncology, malaria, HIV, and diabetes
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. The company is an exclusive cGMP manufacturer for novel vaccine adjuvants for phase 3 clinical trials and commercial use
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, and was recognized as 'Best Supplier for COVID-19 Vaccine Development' in 2022
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. Its core business focuses on health-positive products like vaccine ingredients and drug delivery systems, with no evidence of revenue from products with significant negative health outcomes. The Croda Foundation's £500,000 grant led to 22 million people being vaccinated in India during the second COVID-19 wave
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, and a £2 million grant supported projects in South Asia, Africa, and Brazil, aiming to improve the lives of over 50 million people in underserved regions
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. These initiatives included training 22,300 personnel and staffing 3,700 vaccination centers in India
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, training 1,000 village-based health workers in Uganda
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, and addressing vaccine hesitancy among 7,400 individuals in Brazil
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. Croda also expanded its U.S. manufacturing capacity for lipid systems used in mRNA vaccines with up to $58 million investment
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. The company is a specialty chemicals company and does not produce or sell food or nutritional products.
Fair Money & Economic Opportunity
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Croda International PLC is a specialty chemicals company and does not operate as a financial institution. The provided articles do not contain any evidence that the company offers lending, insurance, or other financial products and services to consumers or businesses. Therefore, all KPIs related to financial services, such as customer share in underserved segments, pricing fairness, revenue from high-cost products, loan inclusion initiatives, customer data accessibility, fair lending compliance, wealth building outcomes, financial literacy programs, debt burden ratios, geographic inclusion, and product simplicity, are not applicable to its core business model. While the company engages in philanthropic activities and has a commitment to fair wages
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, these efforts fall outside the scope of the specific financial services criteria for this ethical value.
Fair Pay & Worker Respect
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All Croda employees globally have been paid a Living Wage since 2021
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, with external accreditation received in early 2025.
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All regularly employed contractors were targeted to be paid a Living Wage by the end of 2024.
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The Total Recordable Injury Rate (TRIR) for 2024 was 0.47.
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Croda reported a median hourly gender pay gap of 7.9% in 2023.
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In 2024, 55% of responses in the Global Employee Culture Survey were positive regarding wellbeing.
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No substantiated labour-law or human-rights violations were reported in the past three years, and the company conducted human rights risk assessments and social audits in 2024.
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Fair Trade & Ethical Sourcing
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Croda has achieved 55.5% traceability of its palm derivative supply chain volumes to plantations as of 2024, with 94.3% traceable to mills and 95.2% to refineries for these volumes.
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The company revised its Supplier Code of Conduct in 2022
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and partners with EcoVadis for supplier sustainability assessments.
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Croda is a founder member of Action for Sustainable Derivatives (ASD)
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and a member of Together for Sustainability (TfS), initiatives aimed at improving supply chain sustainability.
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In 2024, Croda conducted a human rights risk assessment in Brazil
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and commits to taking immediate action if any evidence of forced, trafficked, or child labor is found.
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Honest & Fair Business
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Croda International Plc demonstrates strong performance in managing ESG controversies, achieving a Sustainalytics ESG Risk Score of 18.5 in May 2024, placing it in the 5th percentile for the Chemicals Industry.
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The company maintains a robust anti-corruption program with a zero-tolerance policy, overseen by an Ethics Committee that meets quarterly.
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This program includes an anti-bribery and corruption procedures manual, specific policies for gifts, hospitality, and donations, and extensive third-party due diligence.
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By January 2023, 100% of agents and distributors in China had undergone due diligence, and two third parties in China were terminated in 2021 due to bribery concerns.
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Employee training is conducted, with 3,873 employees completing Code of Conduct eLearning by the end of 2022.
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Croda also has a comprehensive whistleblowing policy, including a web-portal for anonymous external reporting and local speak-up lines in over 30 countries, with reports handled by independent experts.
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,
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Usage of the speak-up line increased from 5 reports in 2021 to 30 reports in 2022.
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Kind to Animals
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Croda has a policy committed to the reduction, refinement, and replacement of animal testing across its portfolio, allowing exceptions only for legal requirements or specific pharmaceutical applications where no accepted alternatives exist.
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As of 2024, 56% of the company's organic raw material volume was from bio-based origins.
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Over 90% of key suppliers are assessed for sustainability progress via EcoVadis, which includes animal welfare.
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In 2024, Croda launched biotechnology-sourced squalene to protect shark populations and marine ecosystems.
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Additionally, a £92,000 grant from the Croda Foundation in 2021 contributed to the restoration of 3,300 hectares of rainforest.
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No War, No Weapons
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Croda International Plc's core business is in specialty chemicals for consumer care, life sciences, performance technologies, and industrial chemicals.
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No evidence indicates any revenue derived from arms or defense contracts.
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The company's contracts for lipid systems are for mRNA vaccines and novel therapeutic drugs, which are civilian medical applications, indicating no development or sale of dual-use technologies with military applications.
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Planet-Friendly Business
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Croda has Science Based Targets (SBTs) validated in 2021, aligned with a 1.5°C pathway.
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In 2024, over 99% of process waste was diverted from landfill, with zero process waste sent to landfill from manufacturing sites.
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Supplier-specific carbon data has been obtained for 23% of the total volume of materials supplied.
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Additionally, 45% of raw material volumes are from suppliers with either a verified SBT approved target or following SBT guidelines.
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The company reports that 88.2% of its palm derivatives globally are certified RSPO mass balanced
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and it complies with EU Deforestation Regulations.
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Croda received an A- score in its 2024 climate disclosure from CDP.
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Respect for Cultures & Communities
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Croda has established 3-5 formal partnerships with indigenous or local community groups, including Instituto Amazonas, Kaleka, and Sinter Futura.
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,
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,
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The company has no reported cultural appropriation incidents. The average time to resolve complaints is aimed at three months (90 days).
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Croda supports the Instituto Amazonas project, which resulted in the restoration of 3,300 hectares of rainforest,
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and no incidents disrupting cultural or heritage sites have been reported.
Safe & Smart Tech
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Croda recorded no major cybersecurity incidents in 2023.
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Its information security program strengthened key fundamentals in 2024, including patching, vulnerability management, access control, and security testing.
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Enhanced threat detection and vulnerability management within OT security is an ongoing initiative through 2025, and regular failover and penetration testing are undertaken.
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Croda has instituted a multidisciplinary AI Steering Committee, overseen by the Executive Committee.
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The company commits to complying with all relevant data protection laws and regulations, setting its own demanding internal standards, and is actively involved in shaping regulations and standards.
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Croda only gathers and processes information required for legitimate business reasons and destroys or anonymizes personal information when no longer needed.
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There are no documented incidents of unauthorized data use, with commitments to only allow access for valid business reasons and not share information without legitimate reasons.
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Users have comprehensive data control options, including managing cookie settings, self-serve data, managing email preferences, and exercising rights to access, rectify, erase, restrict, transfer, and object to the processing of their personal information.
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Croda advises users to choose strong, complex, and secure passwords, and takes reasonable precautions for secure storage of account information.
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Zero Waste & Sustainable Products
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Croda achieved a significant waste diversion rate, diverting over 99% of process waste from landfill in 2024.
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This aligns with its ambitious target to eliminate process waste to landfill across operations by the end of 2024.
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The company has implemented numerous waste reduction initiatives, including a 90% reduction in solvent use in LNP production, process innovation saving 360 tonnes of water and 86 tonnes of CO2e annually, energy recovery from waste at its Chocques site, and the development of microplastic-free seed coatings.
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For its supply chain, Croda requires all key suppliers (representing 80% of raw material volumes) to achieve a minimum EcoVadis score or have an action plan, with 90.5% meeting this standard in 2024.
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In terms of circular design, Croda is finding value for co-streams as feedstocks and understanding biodegradability for its ingredients.
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However, hazardous waste management shows areas for improvement; in 2023, only approximately 29.52% of hazardous waste was recovered, and its share of total waste increased by 43.53% from 2019-2023.
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