NatureWorks wins Leader of Change Award
NatureWorks was recently honored with the 2011 Leader of Change Award from The Foundation for Social Change and the United Nations Office for Partnerships (UNOP).
The Leader of Change award recognizes visionary executives of companies, financial institutions, and advocacy groups that have demonstrated an exemplary commitment to the pursuit of sustainability whereby environmental and social performance are embedded in the competitive strategy of the organization.
"We named NatureWorks a leader of change, because the company demonstrates several compelling proof points," explained Louise M. Guido, CEO of the Foundation for Social Change. "NatureWorks is not a longstanding, conventional company that decided to 'go green,' this is a company actually founded – just 10 years ago – on the simple principle of selling sustainable performance products, giving contemporary industry a new way to do business and today's consumer a new choice. And, as the Ingeo Earth Month project demonstrated, NatureWorks' early bet on environmental performance is clearly paying off."
NatureWorks joins a prestigious group of other 2011 Leader in Change award recipients, including Billabong, Domini Social Investment Fund, DSM, Green Mountain Coffee Roasters, Marks & Spencer, Philips Lighting, Seventh Generation and Unilever.
"NatureWorks is founded on the very principles recognized by the 2011 Leader of Change Award," said Steve Davies, marketing and public affairs director for NatureWorks. "Ingeo allows companies to do business differently – by opening the way for brands to bring innovative and sustainable products to their customers without compromising performance and appeal."
Ingeo plastics and fibers are derived from plants, not oil, and provide brands and manufacturers access to innovative and unique materials with consolidated green credentials and positive environmental impact. Manufacturing Ingeo produces 60 percent less greenhouse gases and uses 50-percent less non-renewable energy than traditionally oil based polymers, such as PET and polystyrene.
NatureWorks' Ingeo Innovation Gallery illustrates a small sample of the hundreds of brands using Ingeo in everyday consumer products.
NatureWorks LLC is a company dedicated to meeting the world's needs today without compromising the earth's ability to meet the needs of tomorrow. With Ingeo, NatureWorks LLC was the first company to offer a family of commercially available low-carbon-footprint biopolymers derived from 100 percent annually renewable resources with performance and economics that compete with oil-based plastics and fibers.
The production of Ingeo uses less fossil fuel and emits fewer greenhouse gases than conventional plastics, and Ingeo offers new options for cradle-to-cradle product design and after-use treatment. In October 2011, Thailand's largest chemical producer, PTT Chemical Public Company Limited, made a $150 million equity investment in NatureWorks.