Coatings World staff10.16.20
Arkema climbed to No. 11 – clinching top spot in the chemical sector – in the Wall Street Journal's ranking of the 100 most sustainably managed companies, in recognition of its ability to create value over the long term.
In ranking the 165 global companies from the 5,500 on the shortlist, Wall Street Journal analysts evaluated four key areas: Business model and innovation capacity, environment, social capital (external social and product issues), and human capital (internal employee and workplace issues).
"We are particularly proud of this recognition which acknowledges our proactive and ambitious approach to corporate social responsibility since Arkema's creation," said Thierry Le Hénaff, chairman and CEO of Arkema. "Companies today are poised to play a major role in the ecological transition and the evolution of society: Our mission as a chemical manufacturer is more than ever to engage in leveraging our expertise and innovation in materials science to contribute to the transition to a more sustainable world. Being the leading chemical manufacturer in this ranking bears testimony to the merits of our societal commitment, the real foundation of our development strategy."