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ABOUT THIS REPORT
SOLVAY
|
2015 COMPLEMENTARY ANNUAL REPORT
1
3. STAKEHOLDERS’ ENGAGEMENT
Employees
The materiality analysis of the Group has been presented to the Sustainable
Development Commission for the Group’s European Works Council. Analysis
is still going on at the time of publication of this report.
Planet
Feedback fromthe “Planet” stakeholders (governments and non-governmental
organizations) has been dominated by two main events in 2015: preparation
for the COP21 conference and publication of the United Nations Sustainable
Development Goals (SDG).
Communities
The Local communities chapter of this report includes examples of actions
initiated locally, around our sites, within the framework of local community
engagement.
Customers
Noengagementactionsspecifictothematerialityanalysishavebeen initiated in2015.
Suppliers
Noengagementactionsspecifictothematerialityanalysishavebeen initiated in2015.
3.3
Performance recognized in
sustainability rating agencies
Every year, as a quoted company, Solvay answers questionnaires from global or
European extra-financial rating agencies. They analyze and classify companies
according to their results in the field of Corporate Social Responsibility (CSR).
Best-performing companies are ranked in the different non-financial stockmarket
indices. Inclusion in these gives Solvay’s investors and other external stakeholders
a broader base for assessing the Group’s global performance. It also gives Solvay
a good opportunity to challenge its policies, processes and practices in terms of
their ability to integrate the sustainability dimension. The challenge for this year
will be to analyze the weak aspects pointed out by the Dow Jones Sustainability
Index (DJSI) to improve Solvay’s overall sustainability performance.
RATING AGENCY
GLOBAL
RESULT
POSITIONING BEST SCORES
WEAKEST SCORES
RobecoSAM
(reference for Dow Jones
Sustainability Index)
Score
(1)
of 81/100
Better than
84% of the
companies
from the sector
•
Product stewardship
•
Environmental reporting
•
Social reporting
•
Human capital development
•
Talent attraction and retention
•
Operational eco-efficiency
•
Risk management
•
Customer relations management
•
Corporate governance
Carbon
Disclosure
Project
(reference for Carbon Disclosure
Leadership Index and Carbon
Performance Leadership Index,
now called the A List)
Performance:
C
Disclosure:
97/100
•
Governance and Strategy (Disclosure and Performance)
•
Risk and Opportunity Management (Disclosure)
•
Emissions management
(Performance)
•
Risk and Opportunity
Management (Performance)
Evalueserve
(reference for FTSE4Good)
Absolute
score:
3.8/5
Solvay included
in the FTSE-
4Good Index
Score relative
to peers: 98%
•
Within the first decile of the “supersector” companies
•
Governance
•
Climate change
•
Health and safety
•
Labor standard
Vigeo
(reference for NYSE Euronext
Vigeo 120 world, Ethibel
Excellence)
Overall score
of 58/100
Solvay’s
performance is
considered to
be robust and
stable
•
Environmental strategy
•
Health and safety
•
Energy
•
Product safety
•
Water
•
Accidental pollution
•
Atmospheric emissions
•
Governance
•
Transportation
•
Green products
•
Community involvement
•
Responsible lobbying
OEKOM
Rated B-
Classified as
Prime. Prime
companies
ranking among
the leaders in
their industry
•
Strategy for addressing climate change and related risks
•
Incorporation of environmental product life cycle assessments
in the development of new products
•
Good measures to check compliance of key suppliers with the
company’s labour/health and safety standards
•
Group-wide implementation of safety management systems
and comparatively low accident rate
•
Strategy to substitute
substances of concern
•
Information on substances
and product risk assessments
(1)
The scores are: 76/100 for economic, 86/100 for social and 81/100 for environmental dimensions.