Sulzbach / Pratteln, 27. April 2022 – CABB Group has become a member of the respected initiative “Together for Sustainability” (TfS). The initiative is a collaboration of internationally operating chemical companies that are committed to sustainability and wish to implement it by means of global standards for all the supply chains. CEO Valerie Diele-Braun says: “We are proud to be an active part of ‘Together for Sustainability’. This is another great step in our progressive sustainability strategy, which is hugely important to our business.”
By becoming a member of “Together for Sustainability” (TfS), CABB Group is committed to supporting the implementation of the high standards of this globally organized initiative, thereby making supply chains more sustainable, transparent, and resilient. “Together for Sustainability” was established in 2011 and defines global guidelines for the measurability of supply chains in the areas of environmental, social, and corporate governance (ESG). In accordance with this standard, the performance of partner organizations is assessed according to the clearly defined TfS program. As a result, CABB’s suppliers benefit from comprehensive feedback which also enables them to improve their own sustainability efforts.
Chariman of Tfs Bertrand Conquéret says: «On behalf of our community, I am very proud to welcome CABB to the TfS family, reaching now a total TfS membership number of 36 companies. Together and with our strategic partners we continue to expand the reach of TfS and the impact of our collaboration. This will contribute to further improving the sustainability performance in chemical supply chains in all regions and developing a better world.»
CEO of CABB Group Valerie Diele-Braun says: “Becoming a member of ‘Together for Sustainability’ marks an important milestone in our sustainability strategy. Besides the continuous improvements at our own sites, it is particularly important to set and implement the highest environmental, labor, and human rights standards for the products and services that we procure. We look forward to working together with all members of the initiative to develop and implement further measures in the area of sustainability. Our stated goal is to improve further through continued commitment in all areas of ESG.”
As a leading contract development and manufacturing company (CDMO) for starting materials, active substances, and intermediates, CABB is committed to its wide-ranging responsibilities. The company published its first Group-wide sustainability report in March 2022. CABB Group was able to reduce its emissions of CO2e equivalents (Scope 1 & 2) by 13,975 tons (-5.3%) in 2021 compared with 2019. The company has reaffirmed its target of reducing Scope 1 & 2 CO2e emissions by 30,000 tons per year by the year 2025 in comparison with 2019. Furthermore, Group-wide water consumption was cut by 2,948 megaliters (-8.5%) over the same period. The company also increased its proportion of women in management to 19.4%.
Download the 2021 Sustainability Report of CABB Group as PDF here.