Colorcon Inc — full event log
Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.
← back to Data by year2024· 32 events
Colorcon committed to the Science Based Targets initiative, aiming to reduce GHG emissions by 50% by 2030. Target validation including Scope 3 emissions calculations to be completed by June 2026.
sustainability_report p.7
Climate action goal to achieve a minimum of 90% renewable electricity usage by 2030.
sustainability_report p.7
Colorcon aligns its sustainability priorities with UN SDGs: 3 (Good Health & Well-being), 4 (Quality Education), 6 (Clean Water and Sanitation), 8 (Decent Work and Economic Growth), 12 (Responsible Consumption and Production), 13 (Climate Action), and 15 (Life on Land).
sustainability_report p.5
Colorcon awarded EcoVadis Silver medal (Nov 2024), placing in top 15% of reporting companies. Carbon management score classified as 'intermediate'. Targeting Gold for 2025.
sustainability_report p.4
Water audits will be conducted with a goal to reduce cleaning water usage by 30% by 2027. Recycling water at India and China sites in water-scarce locations.
sustainability_report p.8
Goal to achieve a 20% reduction in waste generation by end of 2026 through waste audits and action planning. New product development to integrate life cycle design by end of 2025; 100% of new controlled atmosphere packaging products tested for recyclability starting 2025.
sustainability_report p.8
By 2026, Colorcon will identify and support at least one positive biodiversity project at each manufacturing site, partnering with local communities to protect sensitive ecosystems and native species.
sustainability_report p.8
Goal: percentage of women in leadership to reflect male-to-female ratio in organization by 2030. Plans to develop a living wage analysis plan for all sites; 50% of manufacturing sites to complete salary benchmarking by end of 2027. Human rights reviews planned for 100% of manufacturing sites by end of 2028.
sustainability_report p.10
Colorcon plans to pursue third-party validation of its sustainability program by 2026. Currently no external assurance.
sustainability_report p.4
Scope 3 emissions reported are very small (554 tCO2e in 2024) suggesting partial coverage only. SBTi target validation including full Scope 3 calculation to be completed by June 2026.
sustainability_report p.7
The report does not discuss durable carbon removals (DAC, BECCS, biochar) or nature-based removal credits. Decarbonisation strategy relies on direct emissions reduction (renewable electricity procurement, energy efficiency, HVAC upgrades) rather than removals or offsets.
sustainability_report p.7
Since 2021, natural gas consumption has declined 23% (from 2,503,509 m³ to 1,933,328 m³), contributing to a 39% reduction in Scope 1 emissions through upgrades such as new HVAC systems. Energy audit plan to be developed by end of 2025 followed by comprehensive action plan.
sustainability_report p.7
Scope 2 market-based emissions reduced 14% vs 2021 baseline despite adding 8 new sites, driven by 24% renewable electricity sourcing in 2024. Plans for additional PPAs and on-site solar at India sites (30% and 5% of electricity already supplied at two sites). Target 90% renewable electricity by 2030.
sustainability_report p.7
All suppliers assessed for CSR risks (corruption, slavery, child/forced labor, environmental). Goal: 100% supplier Code of Conduct signatures by 2030; physical audits for all high-risk suppliers by 2030. New/renewed contracts to contain formal environmental, labor and human rights clauses by 2027. Colorcon has conducted webinars and developed supplier engagement plan targeting highest CSR-risk suppliers.
sustainability_report p.15
Life cycle assessment process to be implemented in 2025; target of LCAs for 25% of products by 2026. 100% of new controlled atmosphere packaging products to be tested for recyclability starting 2025. Assessing use of recycled materials in packaging where regulatory limits (pharmaceutical/food contact) allow.
sustainability_report p.9
Climate action goal to achieve a minimum of 90% renewable electricity usage by 2030.
sustainability_report p.7
Colorcon's footprint expanded by eight new sites since the 2021 baseline, yet Scope 1+2 emissions still fell 21%. Notes 4 sites added in narrative on electricity but ESG data references 8 new sites.
sustainability_report p.7
Mapped stakeholder priorities to UN SDGs including Good Health & Well-being, Quality Education, Clean Water, Decent Work, Climate Action, Responsible Consumption, and Life on Land.
sustainability_report p.5
Water audits will be conducted with a goal to reduce cleaning water usage by 30% by 2027.
sustainability_report p.8
Awarded a Silver medal by EcoVadis in November 2024, placing Colorcon in the top 15% of reporting companies. Carbon management score classified as 'intermediate'.
sustainability_report p.4
Starting 2025, 100% of new controlled atmosphere packaging products will be tested for recyclability. Life cycle assessment for 25% of products by 2026.
sustainability_report p.9
Since 2021, natural gas consumption has declined 23% (from 2,503,509 m³ to 1,933,328 m³), contributing to a 39% reduction in Scope 1 emissions. Achieved through HVAC upgrades and resource-efficient operations including energy, compressed air, lighting and water systems mandated for all new facilities.
sustainability_report p.7
Life cycle assessment program launching 2025, targeting LCA for 25% of products by 2026. 100% of new controlled atmosphere packaging products tested for recyclability starting 2025. Colorcon assessing use of recycled materials in packaging within regulatory constraints for pharma/food contact.
sustainability_report p.9
Colorcon committed to the Science Based Targets initiative, aiming to reduce GHG emissions by 50% by 2030, with target validation including Scope 3 by June 2026.
sustainability_report p.7
Goal to achieve a 20% reduction in waste generation by end of 2026 vs 2021 baseline through waste audits and action planning.
sustainability_report p.8
By 2026, Colorcon will identify and support at least one positive biodiversity project at each manufacturing site.
sustainability_report p.8
In India and China (water scarcity risk areas), Colorcon recycles water where possible — 23,627,874 L recycled in 2024 vs zero in 2021. Municipal water use down 38% vs 2021 baseline. Water audits planned with goal to cut cleaning water use 30% by 2027.
sustainability_report p.8
All suppliers assessed for CSR risk including environmental risk. Supplier Code of Conduct signature target 100% by 2030. High-risk suppliers undergo physical audit by 2030. New/renewed contracts will include formal environmental, labor and human rights clauses by 2027.
sustainability_report p.15
Colorcon sources 24% of electricity from renewables in 2024 (up from 0% in 2021 baseline) through a mix of on-site solar generation and renewable energy credits. India locations have implemented on-site solar providing 30% and 5% of electricity at two sites respectively. The remainder is from purchased renewable energy credits. Climate action goal is to achieve a minimum of 90% renewable electricity usage by 2030.
sustainability_report p.7
All new Colorcon facilities required to incorporate resource-efficient operations including energy, HVAC, compressed air, lighting and water systems. Corporate HQ in Harleysville, PA has LEED Gold certification; LEED Silver is minimum standard for new construction. Optimizing airflow and upgrading air conditioning has lowered electricity consumption 1.6% since 2021 despite four additional sites.
sustainability_report p.7
Measures such as optimizing airflow and upgrading air conditioning systems have helped lower electricity consumption by 1.6% since 2021 even with additional sites added. All new construction must meet LEED Silver minimum (HQ in Harleysville is LEED Gold). Energy audit plan to be developed by end of 2025.
sustainability_report p.7
Colorcon now sources 24% of its electricity from renewable energy in 2024, up from 0% in 2021. Approach combines partnering with renewable energy providers, on-site solar generation (India sites at 30% and 5% of site electricity), and purchase of renewable energy credits. Target: minimum 90% renewable electricity by 2030.
sustainability_report p.7