Sustainability is Our Strategic Ambition
Sustainability is at the core of our business. As a leading fine chemistry and contract development manufacturer of customized, highly complex molecules for the Crop Science, Life Science and Performance Materials market it is our mission to balance people, planet, and performance. It is our responsibility to ensure a sustainable, highly efficient, and secure production and supply chain for our customers. It is the CABB Group’s clear ambition to be the partner of choice in our target markets – a commitment that is deeply embedded in the corporate vision of being the most performing and sustainable partner in complex fine chemistry by 2028, and fully endorsed by CABB’s management and its investors.
This commitment means that the CABB Group is continuously working on surpassing sustainability standards in every aspect possible. In 2021, the CABB Group revised its complete sustainability reporting structure, resulting in the first Group-wide Sustainability Report across all sites and locations in Switzerland, Germany, Finland, the United States, and China. The CABB Group also established a global scorecard, which is utilized to track progress and quickly identify potential areas for
further improvement. To ensure that all targets, responsibilities, policies, and guidelines are well aligned, the Corporate ESG Guideline was updated in March 2023.
In 2023, the CABB Group further intensified its effort of greatly reducing the carbon footprint by extending the transparency on its Scope 3 emissions and improving the use and reuse of resources in production units, as well as maintaining a safe and future-proof workplace environment through innovative solutions and processes. Generating continuous growth in a resource-efficient manner, not putting harmful emissions into the environment, and ensuring the safe handling of chemicals along the value chain are therefore at the core of the CABB Group’s business responsibility. In 2023, the CABB Group has also adopted a structured approach in all other ESG areas to become a champion, starting with defining a compelling vision and mission as well as the corresponding core values, strengthening diversity and management skills at all levels, standardizing processes, making the IT infrastructure more robust and fit for the future, and strengthening its governance.
To further enhance transparency in all ESG areas, in 2023, the CABB Group started preparations to fully align its sustainability reporting with the upcoming Corporate Sustainability Reporting Directive (CSRD).
Read more in our Sustainability Report