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Company News

Arkema Tops List of Chemical Companies Assessed by V.E Rating Agency

CompanyNews-95996740.jpg
September 21, 2021

COLOMBES, France — Arkema received an ESG score of 67/100 from the Vigeo Eiris (V.E) rating agency in 2021, placing it at the top of the 42 chemicals companies assessed worldwide and in the top percentile of companies across all sectors. The listing recognizes Arkema’s performance in corporate social responsibility.

The V.E rating agency assesses companies according to an in-depth questionnaire on environmental, social and governance (ESG) dimensions. Arkema has made significant progress across the whole assessment, in particular regarding environment and governance, and obtained a balanced performance in all three dimensions. Besides ranking in first place out of the 42 companies assessed in the chemicals sector worldwide, Arkema ranked 49th out of 4,952 companies in all sectors included, placing it in the first percentile.

Arkema is committed to creating value for its entire ecosystem of stakeholders, thanks to its offering of sustainable solutions driven by innovation; its initiatives covering safety, health and the environment; and an open and close dialogue with its suppliers, customers, employees and partners. This V.E rating is a recognition that values the commitments and progress made by Arkema in terms of corporate social responsibility, which is integrated into the group’s governance with a roadmap, performance indicators, and objectives that are defined and validated by Arkema’s Executive Committee.

Arkema has been committed to taking action for the environment for many years. With regards to the major issue of climate change, the group has set 2030 objectives that are in line with the Paris Agreement, including a 38% reduction in its greenhouse gas emissions.

Since 2015, Arkema has been listed on the Euronext V.E Eurozone 120 and Euronext V.E Europe 120 indices, which bring together the 120 best-performing listed companies in terms of social responsibility in the Euro zone and in Europe. In 2021, Arkema joined the CAC® 40 ESG on the Paris Stock Exchange, a new index based on V.E ratings and which lists the 40 companies that have demonstrated best ESG practices.

KEYWORDS: corporate social responsibility specialty chemicals

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