How will we live in 2030 and how will we shape our lifestyle according to sustainable principles when the world's population continues to grow as projected, the global standard of living improves, and resources diminish? Which products will meet these needs?
When translating this macro picture of the changing sustainability landscape into the reality of the specialty chemicals industry, the components of the challenge ahead are threefold: to deliver innovative and competitive solutions to meet very specific industry needs and applications (Performance), while committing to environmentally sustainable and market-leading products and services (Planet) and meeting the societal needs and demands of present and future (People). These questions inspired Clariant to launch the Sustainability@Clariant Portfolio Value Program at the end of 2012.
It is Clariant’s vision to become the globally leading company for specialty chemicals and to stand out for above-average value creation for all of our stakeholders. Sustainability therefore is one of the strategic pillars in the company’s strategy.
The Sustainability@Clariant Portfolio Value Program integrates these defining elements and represents an important milestone on the way to realizing Clariant’s vision. The program’s holistic approach provides a significant driver for sustainability progress not only within the company, but also across the value chain and ultimately the chemicals sector.
Based on thorough analysis of sustainability trends and needs, as well as on the input and views of external stakeholders the PVP system was developed with its core elements, a criteria catalogue and screening process. This process will ensure our sustainability performance, bring forward verifiable claims and drive continuous improvement of our product portfolio. The system allows us to continuously identify and strengthen opportunities for value chain collaboration, engage in dialog with customers and stakeholders and further add value with sustainability.
The PVP screening process is the basis to identify possible EcoTain® products and solutions, assessing them against market standards and for their overall sustainability contribution and impact. Company experts carry out the PVP screening process by reviewing each product and solution across its entire life cycle. Offerings that meet our sustainability excellence standards are put forward and confirmed by a corporate review panel.
Using criteria that cover a comprehensive set of sustainability topics, the impact and benefits of our products and solutions are measured across the Triple Bottom Line perspective that reflects the three brand values: People, Planet and Performance. more...