As a pioneer in sustainability, AkzoNobel is given the royal seal of approval

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by KnowESG,

Akzo Nobel N.V.

AkzoNobel receives royal seal of approval as a leader in sustainability

AkzoNobel is honored to be one of the first recipients of the Terra Carta Seal, which His Royal Highness The Prince of Wales unveiled today at COP26.

The Terra Carta Seal is a significant new award that recognizes global corporations that are driving innovation and demonstrating their commitment to - and momentum toward - the creation of truly sustainable markets. It is part of the Terra Carta, a recovery plan for nature, people, and the planet unveiled earlier this year as part of HRH The Prince of Wales' Sustainable Markets Initiative.

As the only paints and coatings manufacturer to receive the prestigious award, AkzoNobel joins an elite group of companies recognized for industry leadership and having credible transition roadmaps supported by globally recognized, scientific metrics for achieving net zero by 2050 or earlier.

"The Terra Carta Seal recognizes those organizations that have made a serious commitment to a future that is much more sustainable, and puts nature, people, and the planet at the heart of the economy," HRH The Prince of Wales says of the inaugural awards. "We must all make changes if we are to leave a better world for our children and grandchildren, and these companies have pledged to make it easier for us all to do so."

Adds AkzoNobel CEO, Thierry Vanlancker, who was in Glasgow to accept the honor: “Having our efforts recognized by the award of the Terra Carta Seal is a source of great pride for everyone in our company. It’s a clear endorsement of all the work we’re doing across AkzoNobel and everything we’ve achieved so far. It also confirms the vital role that paints and coatings can play when you combine the precious and irreplaceable power of nature with the transformative power of paint – which lies at the heart of what we do for people and the environment.”

Continues Vanlancker: “There’s a clear and obvious link between the aims of the Terra Carta charter – which puts nature, people and planet at the heart of global value creation – and our own People. Planet. Paint. approach to sustainable business and innovative collaboration. So we’re honored to receive this recognition and are fully committed to continuing to lead our industry in pioneering a more sustainable future.” AkzoNobel’s sustainability ambitions highlight the extent of what the company is aiming to achieve with regard to transitioning to a more sustainable future. As well as aiming to cut carbon emissions by 50% by 2030, the company is also targeting 100% renewable electricity and zero non-reusable waste, also by 2030. In addition, AkzoNobel recently became the first paints and coatings company to have science-based sustainability targets officially validated by the Science Based Targets initiative (SBTi).

Source: AkzoNobel newsroom

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