Overview
- Location
Netherlands
- Sector
Food, Beverage & Tobacco
- Organisation type
- Business
Company Information
Corbion is a publicly listed ingredients and biobased chemicals company, headquartered in Amsterdam, Netherlands. Corbion specializes in lactic acid and its derivatives and a supplier of emulsifiers, functional enzyme blends, minerals, vitamins, and algae ingredients. In 2021, the company reported a total workforce of 2,493 FTEs and a sales revenue of 1.1 billion Euro.*
Our progress towards decarbonization
GHG Emissions
Our actions – the Pathway
- Have an internal price on carbon
- Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
- Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
Energy
North Star
- Corbion has a company-wide target to consume 100% of electricity from renewable sources by 2030 from a baseline of 33.5% renewable electricity consumption in 2016
Pledge: Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
Forests
Our actions – the Pathway
- Set a quantifiable target for increasing the sustainable production and/or consumption of disclosed commodities as share of total
- Have at least 90% of commodities certified in a no-deforestation compliant certification
- Participate in jurisdictional approaches to promote the implementation of forests-related policies and commitments
- Work beyond first tier suppliers to manage and mitigate deforestation risks through supply chain mapping or capacity building
- Work with direct suppliers to support and improve their capacity to comply with our forests-related commitments, policies, and other requirements
- Publicly disclose data on forest-related impact to investors through a public platform
- Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making
- Have board-level oversight of forests-related issues
- Have forests issues be fully integrated in all parts of long-term strategic business plans
- Assess company and suppliers' compliance with forests regulations and/or mandatory standards when sourcing commodities from regions with high deforestation risk
- Have a system to control, monitor, and verify compliance with no-deforestation policies/commitments that covers all relevant operations and supply chains and shows more than 90% of total volume in compliance
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Forests 2022
Water
Our actions – the Pathway
- Publicly disclose data on water-related impact to investors through a public platform
- Integrate water-related issues into the company's financial planning
- Integrate water-related issues into the company's long-term business objectives
- Integrate water-related issues into the company's strategy to achieve long-term business objectives
- Regularly monitor and measure key water security metrics at least for 75% of the company's facilities
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Water 2022
Governance & Strategy
Our actions – the Pathway
- Publicly disclose climate and environmental data to investors and customers through a public platform
- Have a process for identifying, assessing, and responding to climate-related risks and opportunities
- Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022
Value chain engagement
Our actions – the Pathway
- Have an ongoing and transparent dialogue with our value chain around climate-related issues
MRV: Pact MRV in place
Status date: Submitted (28/07/2022)
Data source: CDP Climate Change 2022