Arkema
Chemicals
Created in 2004 when French oil major Total spun off its chemicals business. 3 business segments: high performance materials, industrial specialties, and coating solutions. Sales in 50 countries. Acquired Bostik in 2015.

Overall

Owned FRA
Rating C
About the Ratings
Arkema SA
FRA

Company Assessment

(Last updated Aug 2024)
Arkema SA
Praise
CDP Climate Change score of A-
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of A-.
Source: CDP (2023)
83/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 83/100 in the Chemicals category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
CDP Water Security score of B
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of B.
Source: CDP (2023)
Criticism
Supply chain practices in China
The Green Supply Chain Corporate Information Transparency Index (CITI) evaluates consumer-facing companies that have a sizeable supply chain in China. The evaluation uses government supervision data and public information to assess the environmental management of their supply chains in China. This company received a score of 12.54/100 (retrieved 24 Nov 2023).
Source: IPE (2023)
7/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2022 and received a score of 7/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
Information
Price fixing in Europe
In 2011 Europe's second-highest court upheld an EU antitrust fine totalling 78.66 million euros on this company and its former parent company for a bleaching chemicals cartel. The cartel had fixed prices for hydrogen peroxide and sodium perborate, divided up market volumes and shared sensitive information from 1995 to 2000.
Price fixing in Europe
In 2011 a European court reduced a fine imposed on Arkema to 113.3 milliion euroes. The company participated in an acyrylic glass cartel from 1997 to 2002.
Climate action commitments
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
CSR claims
This company has extensive corporate social responsibility claims on its website.
23.4% in Nature Benchmark
The Nature Benchmark ranks 816 companies across 20 industries on their efforts to protect our environment and its biodiversity. Companies were assessed in three phases between 2022 and 2024 using three measurement areas: governance and strategy; social inclusion and community impact; and ecosystems and biodiversity. This company was assessed in 2022 and is ranked #177/816, with a total score of 23.4/100.
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Company Details

Type:
Public company
Founded:
2004
Revenue:
9.5 billion EUR (2021)
Employees:
20,200 (2021)
Subsidiaries:
Bostik SA
Adhesives & sealants
Acquired by Arkema from Total Oil in 2015.
Bostik Australia Pty Ltd
Adhesives & sealants
In 1990, Bostik was purchased by TOTAL, the French petroleum oil company, who sold the company to French chemicals giant Arkema in 2015. Bostik is one of the world's largest makers of adhesives and sealants. Operates 3 production sites in Australia.

Contact Details

Address:
Colombes, France
Website:
www.arkema.com/en

Products / Brands

Bostik Australia
Blu Tack Stationery
Blu Tack Adhesives
Bostik Adhesives
Bostik Stationery
Clag Stationery
Clag Adhesives