Archroma, a color and specialty chemical company based in Switzerland, said today it has become a signatory of the United Nations Global Compact, a voluntary corporate social responsibility initiative. There are more than 9,500 participating companies, spanning 160 countries.
The firm said it pledges to support and promote the U.N. Global Compact’s 10 principles in the areas of human rights, labor, the environment and anti-corruption, which are “fully aligned” with Archroma’s Sustainability Policy and Code of Conduct.
Alexander Wessels, the chief executive officer of Archroma, said the firm “shares the U.N. Global Compact goal to contribute to a more stable and inclusive global market and help build prosperous and thriving societies. We also believe that advancing the cause of sustainability is an ongoing effort, and that being a participant to the U.N. Global Compact will help us to walk further down this path and to convince those in our sphere of influence to join along.”
Archroma’s sustainability efforts have been adopted by many brands in the industry, with products such as its biomass-based Earth colors range and non-fluorinated Smartrepel, a water-repellent finish. The firm employed resource-saving processes at a number of its production facilities, namely its zero-discharge facility in Jamshoro, Pakistan, which promotes local energy production, builds materials from waste and improves water quality in the region.
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