AkzoNobel Named Leader in Sustainability
Recently, global coatings company AkzoNobel was named one of the first recipients of the Terra Carta Seal by His Royal Highness The Prince of Wales.
The new award was officially launched at the COP26 and aims to recognize global companies that are driving innovation and demonstrating their commitment to the creation of sustainable markets. The award is a part of the Terra Carta recovery plan for nature, people and planet, which was introduced early this year through HRH The Prince of Wales’ Sustainable Markets Initiative.
“The Terra Carta Seal recognizes those organizations which 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,” he said. “We all need to make changes if we are to preserve the planet for our children and grandchildren and these businesses have pledged to make it easier for us all to do so.”
According to AkzoNobel’s press release, the company is the only paints and coatings manufacturer to receive the prestigious honor. AkzoNobel stands with other companies, however, that share its sustainability goals and have credible transition roadmaps underpinned by globally recognized, scientific metrics for achieving net zero by 2050 or earlier.
“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,” said AkzoNobel CEO, Thierry Vanlancker.
“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.
“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.”
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).