The CABB Group continued to keep its focus on sustainability also in the 2024 reporting year. As a global leader in fine chemistry and contract development manufacturing of customized, highly complex molecules for the Crop Sciences, Life Sciences and Performance Materials markets, our mission is to support continued growth in a resource-efficient manner, eliminate harmful emissions and ensure the safe use of chemicals throughout the value chain.

In 2024, the CABB Group reached a milestone in the sustainability journey by committing to the Science Based Targets (SBTi) initiative. As part of the alignment with the SBTi, the CABB Group has adjusted its near-term climate targets, committing to reduce Scope 1 and 2 emissions by 42% and indirect Scope 3 emissions by 25% until 2030 (base year: 2022) laying the foundation for the long-term goal of achieving net-zero emissions. By committing to the SBTi, the CABB Group has reinforced its ambition to exceed industry sustainability standards and concretely contribute to mitigating climate change. This commitment provides a clear roadmap to achieve measurable carbon reduction targets, including Scope 1, 2 and 3 emissions, and ensures the CABB Group’s climate action is aligned with the Paris Agreement. Moreover, it reinforces our vision to be the best-performing and sustainable partner in complex fine chemistry by 2028, a goal fully shared by our management and investors alike.

In 2024, the CABB Group expanded transparency on Scope 3 emissions, laying the foundation for a decarbonization strategy across its value chain. The CABB Group has also intensified its efforts to optimize resource use and recycling in production processes, while maintaining a safe and progressive working environment through innovative technologies and practices. Since the first Group-wide sustainability report for 2021, published in 2022, the CABB Group has continued to refine its approach to sustainability and improve its governance. A global scorecard tracks progress and identifies opportunities for improvement, while our Corporate ESG Policy, updated in 2023, ensures alignment across all sites in Switzerland, Germany, Finland, the US and China. To further enhance transparency in all ESG areas, in 2024, the CABB Group laid the groundwork for the Corporate Sustainability Reporting Directive (CSRD) by conducting the double materiality assessment and the GAP Analysis based on the ESRS (European Sustainability Reporting Standards) data points.

Read more in our Sustainability Report