Clariant Wins Corporate Social Responsibility Award in China

Through its commitment to plastic recycling in the value chain and sustainable products, solutions and partnerships, Clariant, which launched the EcoCircle initiative, won the 2020 China GoldenBee Corporate Social Responsibility Award.

Clariant, recognized as GoldenBee Enterprise (Single Star)[1], was deemed worthy of this award by contributing to the transition of the plastic industry to circular business models and the infrastructure necessary for advancing sustainability in line with GoldenBee's sustainability and CSR philosophy. Additionally, detailed information about how Clariant's EcoCircle initiative and the company's other related solutions and products contribute to a circular plastic economy was included in the "2020 GoldenBee CSR Competitiveness Case Study Compilation". Clariant China Regional Head Andy Walti stated on the subject: "Clariant has a deep-rooted history of commitment to sustainability. Most of our strategies and solutions are structured in light of this mission. Through initiatives like EcoCircle, we have addressed the plastic recycling issue not only by putting forward our own solutions, but also by working together with our partners in the chemical industry.

We aimed to create stronger synergies for a circular plastic economy by helping to reduce, reuse and recycle plastics."

Under Clariant's EcoCircle initiative, the entire process across the circular plastic value chain is being addressed. The company brings together its expertise and technology across all business areas to examine and develop products with exceptional circular advantages. Additionally, the EcoCircle Centre of Excellence provides a platform that facilitates knowledge exchange on specific circular topics with a broad range of external partners, from consumers to brand owners, recyclers, resin producers and academics, enabling collaboration with customers and joint value chain thinking. The GoldenBee Award was presented on 6 August 2020 at the 15th China CSR International Forum, also known as the GoldenBee CSR China Honor List, held in Beijing. China Sustainability Tribune and Goldenbee, which consist of a series of Chinese enterprises committed to advancing sustainable development and represent one of the leading networks in the field of CSR and sustainable development in China, hosted the annual event. This award, recognized by China's CSR and sustainable development community, further strengthens Clariant's commitment to sustainability. The company also qualified for the DJSI—Dow Jones Sustainability Index listing for the seventh consecutive year. This demonstrates that Clariant is one of the world's most sustainable chemical companies. [1] About the "Golden Bee Enterprise" Star: Under the GoldenBee China List framework, it provides a platform for more select companies. Companies admitted to the list are not subject to re-evaluation for three years, while companies that re-enter the list after three years receive the "Golden Bee Enterprise" award; this award is referred to as the "Single Star". Companies are eligible to receive a single star every three years from the time they begin appearing on the list.