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Croda Awarded For Innovation in UK

December 10, 2014 | Contact Author | By: Katie Anderson
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Keywords: innovation | Croda | Management Today

Abstract: Croda International Plc has just been awarded first place in the innovation segment, second in the chemical sector category and eighth place overall in Management Today's 2014 Britain’s Most Admired Companies Awards.

Croda International Plc has just been awarded first place in the innovation segment, second in the chemical sector category and eighth place overall in Management Today's 2014 Britain’s Most Admired Companies Awards.

The renowned Management Today awards are the largest awards of their kind in the UK; they highlight corporate reputation by recognizing key factors critical to business success, with winners identified by means of peer review.

“To be named Britain’s most innovative company is a fantastic accolade and we are hugely proud to collect this award. Innovation runs through every part of our business and for this to be recognized by industry peers, and the investment community, is testament to the dedication and hard work of our employees across the globe,” noted Steve Foots, chief executive of Croda.

Organizations are scored against nine performance areas; from quality of management, financial soundness and quality of goods and services, to the ability to attract, develop and retain top talent, the capacity to innovate and commitment to community and environmental responsibility. Opinions on these areas are sought from more than 200 board members at some of the UK’s largest companies, as well as analysts and city commentators.

“Croda took the 2014 criteria award for Capacity to Innovate, in recognition of its world-class reputation for generating new ideas for its customers and bringing them to market," commented on Matthew Gywther, editor of Management Today.