Sustainability


A key element that has always guided our innovation and business strategy and characterized every aspect of our work

We are a Benefit Company certified B Corporation, and one of the global leaders in the field of biodegradable and compostable bioplastics, as well as in the development of bioproducts and biochemicals that are wholly or partially derived from renewable, plant-based sources. Our solutions are designed to help address specific environmental, economic, and social challenges.

Our mission is to develop materials and bioproducts by integrating chemistry, the environment, and agriculture, leveraging our integrated biorefineries and providing application-driven solutions that ensure efficient resource use throughout the product life cycle—delivering systemic social, economic, and environmental benefits.

Our development model, focused on territorial regeneration, aims to build bridges across sectors by fostering collaboration among all actors in the value chain—from agriculture to research, from industry to waste management, from local institutions to civil society.

Guided by these principles, we promote a circular bioeconomy approach that goes beyond traditional recycling. We aim to redesign the way products and applications are created, used, and recovered, while encouraging the growth of virtuous, localized value chains.

 

SUSTAINABILITY POLICY AND COMMITEE

In 2020 we adopted a Sustainability Policy, the document that formalises the principles and actions through which we aim to "make a significant contribution to the circular economy, by promoting a bioeconomy model with roots in the territories, the goal of which is to protect and regenerate soil and waters”.
 
For further information please read NOVAMONT’s Sustainability Policy.
 
At the same time, in order to ensure an increasingly integrated sustainability management in our business, we have established the Sustainability Committee. The Committee works in synergy with all corporate functions and contributes to raising strong awareness and integration of sustainability issues in all business activities.


OUR COMMITTMENT TO SUSTAINABLE DEVELOPMENT

Since 2017 our principles and committments are guided by the wider and challenging framework of the United Nations 2030 Agenda, the global action plan launched in 2015 to promote a fully sustainable development of our planet by 2030 and articulated in 17 Sustainable Development Goals (SDGs). Its goals have become ours and guide all our concrete actions.


SUSTAINABILITY REPORT

Since 2008 we have published the Sustainability Report, the way we present ourselves to internal and external stakeholders through our commitments, strategy, management approach and the results of our corporate activity, broken down into its three main dimensions: economic, environmental and social.

This document outlines our approach to sustainability, highlighting the key themes that guide our organization. We follow the GRI Standards for our reporting framework. The latest edition has been enriched with a comprehensive glossary, offering in-depth explanations of key terms in our sector. Additionally, we have updated the reporting of activities that may be considered environmentally sustainable under the EU Taxonomy, and assessed their alignment in accordance with the disclosure requirements of Regulation (EU) 2020/852 and Delegated Regulation (EU) 2021/2178.
 
The Sustainability Report is complementary to the Impact Report, the document that Novamont publishes each year as a Benefit Company. It also summarises the evolution of the multi-year Improvement Master Plan based on the B Impact Assessment (BIA) developed by B Lab, which Novamont adopted in 2021, and the relative score (the result of a self-assessment which is not verified and certified by B-Lab). 

For further information, please write to csr@novamont.com
 

Sustainability Report

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UN Global Compact 

Since 2020 we have been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labour, the environment and anti-corruption.
NOVAMONT's commitment is stated in the Letter of Commitment and at www.unglobalcompact.org.
Download our Communication On Progress (COP) Advanced, through which companies, that have joined the UN Global Compact, provide annually valuable information to stakeholders about their activities and achievements in regards to the integration of the Ten Principles.

 

EcoVadis

Founded in 2007, EcoVadis is an independent CSR rating agency committed to fostering improvements in sustainable supply chain management. EcoVadis' main tool is an online platform that allows companies to monitor and evaluate their sustainability practices and share the results. The assessment methodology includes several international sustainability standards (Global Reporting Initiative, UN Global Compact, ISO 26000) and is based on 21 CSR criteria grouped into four categories: Ethics, Environment, Labor Practices and Human Rights, and Sustainable Procurement.
NOVAMONT has been using the EcoVadis platform since 2015, renewing the assessment of its sustainability practices annually. In 2024, the rating was renewed to the group level and resulted in a score of 83/100: an excellent result that confirms the group among the top 1% performers in its sector. For this reason, NOVAMONT has been awarded the Platinum medal, one of the most prestigious recognitions in the scope of EcoVadis CSR assessment.
 

PROGRAMS AND INITIATIVES

We believe that sustainability is possible only if shared and that the interconnections between companies, associations, research institutes, institutions and civil society are fundamental to accelerate the development model. Therefore, we decided to join some of the key national and international Corporate Social Responsibility initiatives.
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