Eco-Premium Solutions and Eco-Solutions
Eco-Premium Solutions and Eco-Solutions
What is an Eco-Premium Solution?
Eco-Premium Solutions are products that offer substantial sustainability benefits over mainstream alternatives in the market, while still delivering the same or superior product performance. When an impact can be quantified, we classify our products as Eco-Premium Solutions if an underlying sustainability benefit demonstrates at least a 10% lower impact on a given criterion when assessed along the total product life cycle.
The sustainability benefits of our Eco-Premium Solutions can include:
In 2023, 32% of revenue came from our Eco-Premium Solutions.
Among others, our Eco-Premium Solutions include:
Eco-Premium Solutions based on end-market needs
Solutions for crop protection, including biodegradable co-formulants and green solvents. Water conservation solutions.
We offer naturally based and biodegradable products used in cleaning and personal care solutions.
We favor natural materials over fossil based. We support recyclability/secondary use.
We target the faster-growing applications, including cool roof coatings. Our environmentally friendly antimicrobial agent enables the formulation of a robust and tintable anti-viral paint.
This includes: PVC (polyvinyl chloride) window profiles, Insulation panels, solar panels, composites for end-products such as wind turbines
This includes recyclable packaging, pulp, paper, textiles and apparel.
We have introduced a new metric for our product innovation pipeline, named Eco-Solutions. These are product and product line innovations that we plan to introduce in the future based on success. They emphasize key sustainability drivers such as whether product innovations in our research and development (R&D) pipeline are bio-based or biodegradable, as these are vital components of product sustainability in our end-markets
Eco-Solutions have either:
In 2023, 74% of our R&D product pipeline included Eco-Solutions.
Our product innovations are increasingly focused on bio-based, biodegradable, and circular solutions, including natural polymers in Home and Personal Care and cellulose-based raw materials in Paints and Coatings. Other innovations include our range of biodegradable and bio-based products, such as chelating agents, surfactants, and polymers based on natural materials. Many of the products we offer are recognized in our industry for product safety and sustainable benefits, including by EU Ecolabel, Nordic Swan, COSMOS APPROVED, and US Environmental Protection Agency Safer Choice.
In recent years, we received the Cosmetic & Toiletries Allē Award in the category of Base Ingredients for our SolAmaze® Natural. This is a novel bio-based, biodegradable product containing a film-forming polymer that offers superior water resistance and pleasing aesthetics for a broad spectrum of sunscreen applications.
More about our sustainable solutions