乐天堂游戏网站

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Sustainability Statement 2024

乐天堂游戏网站's Sustainability statement is structured based on the order and requirements of the European Sustainability Reporting Standards (ESRS). It includes General disclosure and three main topical standard sections: Environmental information, Social information and Governance information. General disclosure includes e.g 乐天堂游戏网站’s materiality assessment process, threshold and identified material impacts, risks and opportunities. Material impacts, risks and opportunities and a management summary are presented at the beginning of each material topic section, these are then followed by 乐天堂游戏网站’s policies, actions, targets and metrics which are connected in each instance.

Explore the Sustainability Statement

乐天堂游戏网站 rates amongst the top performers in the chemical industry

Our stakeholders share an interest in our sustainability performance, so we actively report our progress to external rating offices to increase transparency around sustainability topics. 乐天堂游戏网站 is clearly positioned as a top performer.

EcoVadis

EcoVadis is a comprehensive business sustainability rating tool based on international sustainability standards. Its methodology uses indicators across four main pillars: Environment, Labour and Human Rights, Ethics and Sustainable Procurement. 乐天堂游戏网站 holds The EcoVadis gold level rating, making us in the top 2% of companies worldwide.

CDP

Disclosure via CDP increases transparency toward the investor community and our partners along the value chain. 乐天堂游戏网站 has a B score in the CDP Climate rankings and CDP Water Security. 乐天堂游戏网站 has been reporting to CDP since 2010.

MSCI

MSCI ESG Ratings aim to identify the management of significant ESG risks and opportunities. 乐天堂游戏网站’s rating with MSCI is on the highest level, AAA, meaning we are on the leading level in chemical industry in regards of managing the most significant ESG risks and opportunities. This rating places us amongst the top 5% of companies worldwide.

Sustainalytics

Sustainalytics’ ESG Risk Ratings assess industry-specific material ESG risks and their management. In Sustainalytics we have a score of 22.7, making us place in the top 16% of companies worldwide.

ISS ESG

For ISS ESG Rating companies are rated based on their sustainability performance. 乐天堂游戏网站 is rated on the C level by ISS ESG.

Guidelines

Resources

乐天堂游戏网站 holds multiple ISO Certificates

Membership

乐天堂游戏网站 is a member of Cefic, the European Chemical Industry Council, the Renewable Carbon Initiative and Kemianteollisuus ry, which is a national chemical industry association in Finland.

乐天堂游戏网站’s latest sustainability ratings

 

Frequently asked questions

Global, pressing challenges drive 乐天堂游戏网站’s strategic agenda. Climate change, water scarcity, and the responsible use of limited resources to meet the needs of a growing global population are some of the defining challenges of our times.

Our strategic agenda is heavily focused on our sustainability transformation

  • Expand in water
  • Build a leading renewable solutions portfolio
  • Create a significant digital services business

 

乐天堂游戏网站 is a leading provider of sustainable chemical solutions for water-intensive industries

We enable more sustainable processes and products for our customers

We aim for long-term growth

We continue to drive profitability and operational excellence

乐天堂游戏网站 has a set of sustainability targets in place that can be seen below.

Theme Sustainability Target
Safety TRIF* 2.2 by the end of 2025 and 1.5 by the end of 2030*TRIF = total recordable injury frequency per million hours, 乐天堂游戏网站 + contractors, year-to-date
People Reach top 10% cross industry norm for diversity & inclusion by the end of 2025
Circularity Reduce waste intensity by 15% by the end of 2030. Renewable solutions > 500 million EUR revenue by the end of 2030
Water Continuously improve freshwater use intensity. Achieve leadership level in world-class water management measured by CDP by the end of 2025
Climate Reducing scope 1 & 2 emissions by 52% by the end of 2030 and reduce scope 3 emissions by 33% by the end of 2033

乐天堂游戏网站 holds the following certifications and acknowledgements:

Standard/Rating Description
ISO 14001 Environmental management
ISO 45001 Health & safety management
ISO 50001 Energy management
ISO 9001 Quality management
EcoVadis Gold level, top 2%
CDP, Climate and Water Security B
MSCI AAA
Sustainalytics 22.7
ISS ESG Rating C

乐天堂游戏网站’s Code of Conduct is the foundation for doing business in the right way and functions as an umbrella commitment for the entire company. Global policies are in many cases extensions of the Code of Conduct commitments. Below are highlighted some of 乐天堂游戏网站’s policies and their key contents:

Key policies Description of main policy commitments
Code of Conduct 乐天堂游戏网站 Group Code of Conduct is the foundation for doing business the right way. The Code reflects 乐天堂游戏网站’s values and the principles set out in the OECD Guidelines for Multinational Enterprises. The Code of Conduct includes 19 statements covering commitments to work with community, customers, suppliers, markets, society, and investors. Commitments relate to economic, environmental, people, and human rights topics. More information on the specific human rights commitments can be found in the human rights section in the Sustainability Report. Available in 19 languages.
Code of Conduct for Business Partners Document reflects 乐天堂游戏网站’s values and the principles set out in the 乐天堂游戏网站 Group Code of Conduct. Available in 19 languages.
Product Stewardship Policy

Trade Compliance Policy

 Compliance with chemical regulatory requirements, to assess human health and safety and environmental protection aspects, identify and manage chemical risks, and share information about the above-mentioned themes. To protect human health and safety with different measures. Main stakeholders considered are employees and customers. Compliance with laws and regulations regarding exporting and importing of products; compliance with international trade sanctions.
Sustainability Policy Safe working conditions, preventing incidents, respecting human rights in operations, diversity, equity, and inclusion, protecting the environment, enabling circular economy, and protecting biodiversity. Main stakeholders are our employees and value chain partners. Available in several languages.
Sourcing and Procurement Policy All activities being aligned with 乐天堂游戏网站 CoC, company values and sustainability goals, key supplier selection and supplier risk assessment criteria including sustainability performance both in social and environmental topics. Social sustainability performance expectations mainly regarding our upstream value chain partners.
Logistics and Transportation Policy Transportation and chemical safety, minimization of environmental impacts on transportation operations and sustainable logistics. To provide safe working conditions in supply chain and reduce environmental impacts. Main stakeholders are suppliers, employees, and customers.
Recruitment Policy In all recruitments, respect of diversity, equal opportunity, and treatment regardless of race, color, gender, sexual orientation, creed, political persuasion, age, social status, origin or any status protected under the laws, respect of fundamental human rights, and no use of any form of forced or child labor. Particular attention is given to our own employees and subjects of recruitment, which are also the main stakeholders.
Global Competition Law Compliance Policy

Gifts, Entertainment, and Anti-Bribery Policy

 Fair and ethical competition, within framework of applicable laws. No anti-competitive activities. Zero tolerance towards bribery and corruption.
Tax policy Conducting our business in compliance with all applicable tax, customs, and transfer pricing laws and regulations and according to high ethical standards.
Sponsorship and Donation Policy Securing that our sponsorship activities are aligned with 乐天堂游戏网站 strategy. Supporting initiatives to innovate sustainable solutions that create a better everyday for us all and support initiatives for building good relationships with communities in which we operate.
Misconduct Reporting Policy Policy encourages everyone working for or with 乐天堂游戏网站 to report any suspicion of misconduct confidentially and without fear of retaliation. Policy sets out the procedures applicable when reporting misconduct to 乐天堂游戏网站, including how these reports will be followed up, and how the reporters are protected. 乐天堂游戏网站 supports an open culture that encourages everyone to speak freely and without fear of harassment. 乐天堂游戏网站 provides a channel for reporting any suspicion of misconduct confidentially and without fear of retaliation. A reporting person will not be dismissed, bullied, discriminated against, or otherwise retaliated against for making a report or complaint. Any person, regardless of position, who engages in retaliatory behavior will be subject to disciplinary action.乐天堂游戏网站 is committed to the following international sustainability principles and commitments:

乐天堂游戏网站 is committed to the following international sustainability principles and commitments:

  • The Universal Declaration of Human Rights
  • Core conventions of the International Labor Organization (ILO)
  • United Nations Guiding Principles
  • UN Global Compact
  • UN Forward Faster initiative
  • Science-Based targets initiative
  • Renewable Carbon Initiative
  • Responsible Care?

Additionally, 乐天堂游戏网站 has a Group Statement for Slavery and Human Trafficking.

We report on scopes 1, 2 & 3. Our methodology for calculating GHG emissions is aligned with the GHG protocol.

Since 2022, we have been committed to reducing emissions from our own operations by 52% (scope 1 and 2) by 2030 from a 2018 baseline, in line with the Science-Based Targets initiative (SBTi). For scope 3, 乐天堂游戏网站 is committed to reducing absolute scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution and downstream transportation and distribution 33% by 2033 from a 2021 base year.

乐天堂游戏网站 has an integrated management system which is a set of standards, procedures, and practices to achieve environmental goals through continual planning, implementation, evaluation, and review of environmental performance. One of the primary goals of 乐天堂游戏网站’s management system is compliance with legal requirements. We have identified our legal compliance obligations and have implemented an auditing process to verify conformance through internal and external audits and the ISO 14001 verification process.

乐天堂游戏网站 regularly conducts EHSQ compliance audits at manufacturing sites, research and development laboratories, and offices. Additionally, third-party legal compliance audits are conducted annually at a sampling of sites. Verification of legal compliance is also provided annually by all sites as part of the environmental performance data collection and reporting processes. 乐天堂游戏网站’s integrated management system requires all sites to report non-compliance to the group’s Global EHSQ Team using our incident reporting program.

Safety and safe working conditions are a priority at 乐天堂游戏网站. 乐天堂游戏网站 has a Sustainability Policy which can be read here. This policy outlines the commitment and management of sustainability requirements within 乐天堂游戏网站. It states the 12 commitments with respect to stakeholders, environment, and governance.

Additionally, 乐天堂游戏网站 has an internal Product Stewardship Policy in place. 乐天堂游戏网站’s Product Stewardship Policy ensures that our products can be safely used by our stakeholders, that they are safe for environment, and that chemical risks and their impacts are incorporated into decision-making relating to 乐天堂游戏网站’s operations, strategy implementation, and long-term strategic development.

乐天堂游戏网站’s safety target is TRIF 1.5 or less for 2030. Annual TRIF is disclosed in our sustainability report.

Every employee receives mandatory, regular training on our Code of Conduct. Additionally, specific employee groups are trained on topics such as anti-corruption.

乐天堂游戏网站 has an Ethics and Compliance Hotline, which is a whistleblower mechanism we put in place so that people can raise concerns or report potential misconduct. This system is available for both internal and external stakeholders at any time. 乐天堂游戏网站 also has an internal Misconduct Reporting Policy in place. More information can be found in our Sustainability Statement.

乐天堂游戏网站 has thousands of suppliers and our sourcing function is globally responsible for strategic spend management. 乐天堂游戏网站’s suppliers are segmented into four categories: strategic, critical, volume and base suppliers.

乐天堂游戏网站 conducts supplier performance evaluations, and all suppliers are expected to adhere to 乐天堂游戏网站’s Code of Conduct for Business Partners. The Code of Conduct for Business Partners is communicated to all suppliers through the ordering process as part of 乐天堂游戏网站’s terms and conditions. 乐天堂游戏网站 uses EcoVadis, a global sustainability rating company based on international standards, to carry out sustainability assessments for all of our suppliers.

Sourcing page

乐天堂游戏网站 previously disclosed non-financial information based on the Non-Financial Reporting Directive (NFRD) and prepared the sustainability information in accordance with the Global Reporting Initiative (GRI) disclosures. Starting from 2024, 乐天堂游戏网站 now reports according to the Corporate Sustainability Reporting Directive (CSRD) requirements.

As of 2024, 乐天堂游戏网站 will no longer publish a separate Sustainability Report based on the Global Reporting Initiative (GRI). As the disclosure requirements between CSRD and GRI differ, some previously reported KPIs and metrics required by GRI will no longer be reported in this Sustainability Statement. 乐天堂游戏网站 has compiled a GRI index to ease the transition to CSRD reporting. The GRI index is available on 乐天堂游戏网站’s website.

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