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11

ABOUT THIS REPORT

SOLVAY

|

2015 COMPLEMENTARY ANNUAL REPORT

1

3. STAKEHOLDERS’ ENGAGEMENT

3.1

Solvay Way’s commitments to stakeholders

The Solvay Way reference framework is structured by stakeholders. The following stakeholders are identified as the most important. These stakeholders were

identified when the Solvay group first implemented a sustainability framework, over ten years ago. The Rhodia group, acquired in 2011, had identified the same

stakeholders. The following table shows the Solvay Way’s 22 commitments and the 49 associated practices detailed in the reference framework.

is based on a framework towards...

3. STAKEHOLDERS’

ENGAGEMENT

CUSTOMERS

Integrating our CSR

commitments into our customer

relationships

Developing a collaborative approach to CSR

Informing customers of product-related risks

Reacting to requests to inquiries and complaints

Controlling product-related risks

Deploying the Product Stewardship management system

Managing the risks from substances of very high concern (SVHCs)

CSR-integrating

innovation & investment

Steering innovation projects while integrating CSR

Steering investment projects by new units

or capacity expansions while integrating CSR

Analyzing and developing

our markets, while integrating CSR

Detecting mega-trends, selecting target orientations

Orienting GBUs’ action plans to integrate CSR

PLANET

Promoting

environmental management

Deploying an environmental management system

Informing and involving employees

Respecting and anticipating regulations

Listing and handling incidents

Preserving natural resources

Improving energy efficiency

Optimizing raw materials consumption and reducing waste

Reducing water consumption

Limiting environmental impact,

preserving biodiversity

Reducing greenhouse gas emissions

Reducing the impact of processes on air, water and soil quality

Preserving biodiversity on and around sites

Exercising responsible influence

Transparent dialogue and communication

EMPLOYEES

Ensuring employees’ health

and safety

Controlling the risks associated with occupational exposures

Promoting health and wellbeing at work

Preventing occupational accidents

Respecting employees’

fundamental human rights

and guaranteeing their social rights

Deploying the global CSR agreement

Developing a culture diversity as a performance driver

Making diversity a local performance lever

Ensuring quality social dialogue

Respecting employees’ rights of representation

Developing

employability

Developing employees’ skills

Forward management of employees and skills needs

Motivating employees

Motivating employees to attain objectives

Promoting improvement projects and suggestion systems

Compensating employees fairly

Integrating CSR commitments in remuneration policy

... SIX STAKEHOLDERS

... TO WHOM SOLVAY

HAS MADE 22 COMMITMENTS

... DECLINED IN 49 PRACTICES.

INVEST

Creating value responsibly

Measuring responsible value creation

Integrating CSR into our acquisition decisions

Ensuring risk management

Managing risk globally and risk management being part

of decision taking

Ensuring dissemination of and compliance

with good manage-ment and governance

practices

Developing responsible practices and behavior

Promoting good governance at Solvay

G4-37

G4-27

G4-25 G4-26

G4-24