THE WOODLANDS, Texas, June 26, 2025 /PRNewswire/ -- Kraton Corporation, a leading global producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, proudly announces the release of its 2024 Sustainability Report, titled "Innovating with Purpose." The report highlights Kraton's continued progress across key categories, including climate action, product circularity, and value chain collaboration, underscoring Kraton's vision to deliver innovative solutions for a sustainable tomorrow.

"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. "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."

"We have established new processes to scale credible, data-driven sustainability across our business," added Rogier Roelen, Kraton Chief Sustainability Officer. "In 2024, we enhanced our ESG reporting through a data harmonization program and completed a Double Materiality Assessment to better align with the Corporate Sustainability Reporting Directive (CSRD). We also expanded our Life Cycle Assessment (LCA) data to cover almost 90% of our product portfolio, providing customers with greater transparency into the environmental impact of our products. These efforts reinforce our ability to identify where we can make the most impact and support more informed, strategic decision-making."

2024 report highlights include:

• Achieved a 41% reduction in Scope 1 & 2 greenhouse gas emissions since 2014 and a 35% drop in emissions intensity
• Earned EcoVadis Platinum sustainability rating for the fourth consecutive year
• Awarded the 2024 Nitto Supplier Sustainability Award
• Completed Double Materiality Assessment to guide ESG priorities and support CSRD alignment
• Launched a data excellence program to enhance ESG data quality, automate reporting, and develop new decarbonization targets
• Finalized a $35 million investment to improve crude tall oil (CTO) biorefinery towers at Panama City, Florida facility
• Expanded LCA data to cover nearly 90% of our product portfolio, offering customers greater visibility of product environmental impact

Kraton's 2024 report is anchored in its sustainability pillars: Being Reliable Partners, Preserving Planet, and Empowering People. It 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).

The full 2024 Sustainability Report is available on Kraton's website at sustainability.kraton.com.

About Kraton Corporation
Kraton Corporation is a leading global producer of specialty polymers and high-value performance products derived from renewable resources. Kraton's polymers are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants, and lubricants, and medical, packaging, automotive, paving and roofing products. As the largest global provider in the pine chemicals industry, the company's pine-based specialty products are sold into adhesive, road and construction and tire markets, and it produces and sells a broad range of performance chemicals into markets that include fuel additives, oilfield chemicals, coatings, metalworking fluids and lubricants, inks, and mining. Kraton offers its products to a diverse customer base in over 70 countries worldwide. 

*Kraton, the Kraton logo and design are all trademarks of Kraton Corporation, or its subsidiaries or affiliates, in one or more, but not all countries. 

Media Contact: Mariam Stevens; T: (346) 435-8042

 

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SOURCE Kraton Corporation