About the company
AkzoNobel has a long history of mergers and divestments but was originally founded in 1994. Today, it is a multinational company with activities in more than 150 countries. AkzoNobel is the world's third-largest paint manufacturer by revenue, producing and selling paints for the building industry as well as coatings used to protect ships, cars and aircraft. In 2018, a specialty chemicals unit was carved out from Akzo as an independent company operating under the name of Nouryon. The company has its headquarters in Amsterdam, Netherlands.
Transparency
4 out of 25 points
Action points
- Start disclosing revenue connected to hazardous chemicals
- Report on the company’s global hazardous substances portfolio (beyond EU/US) on a substance-by-substance basis
- Start publishing volumes of hazardous substances that leave the company’s facilities as emissions
Phase-out of persistent chemicals
2 out of 25 points
Action points
- Start reporting and/or limit the share of revenue from persistent chemicals considerably
- Stop producing persistent chemicals and set up a timed phase-out plan
- Stop buying/importing persistent chemicals and set up a timed phase-out plan
Product portfolio
5 out of 25 points
Action points
- Reduce the number of hazardous substances the company is using, producing and placing on the market
Safer solutions
2 out of 25 points
Action points
- Either start reporting the company’s share of safer solutions or increase it substantially. As a minimum, REACH candidate list substances must be excluded from such products
- Publicly commit not to develop or market new products containing hazardous substances. As a minimum, REACH candidate list substances must be excluded from such products
- Publicly commit to increasing the share of sales of safer solutions
Category breakdown