As a specialty chemicals company with a presence throughout the world, Evonik sees corporate responsibility and long-term business success as two sides of the same coin. That is reflected in the rising demand from our customers for products and services that demonstrate a good balance of economic, ecological and social factors. Sustainability has long since developed into a growth driver for Evonik.
Through our innovative capability and leading technology positions we empower our customers to offer a broad range of resource-efficient solutions. Examples are amino acids for animal nutrition, additives for hydraulic fluids or functional silanes for surface protection of buildings. Around 50 % of the sales generated by our chemical segments come from products that make a measurable contribution to improving the resource efficiency of their applications.
To reduce Evonik's carbon footprint still further, we are continuously optimizing our processes along the entire value chain. We use alternative raw materials and biotechnological methods wherever this is possible and makes sense.
Sound sustainability management does not begin with our own products and production processes. Our purchasing volume has a significant impact on society and the environment. As a founding member of the industry initiative “Together for Sustainability”, we are driving forward transparency and sustainability along the supply chain.
We set ourselves ambitious non-financial targets, especially as regards work and process safety. A uniform, Group-wide safety culture that sets high standards has been established. Furthermore, we have defined environmental targets for specific greenhouse gas emissions, specific water consumption and waste management for the period 2013 to 2020.
Our commitment to sustainability is rewarded: Evonik is member of the Dow Jones Sustainability Indices World and Europe. In 2016, we were recognized as one of the five most sustainable large German corporations (German Sustainability Prize).
For the 10th time “ISS oekom research”, one of the world’s leading ESG research and rating agencies, published the “oekom Corporate Responsibility Review 2018”, the annual report on sustainability in corporate management. Within the chemical industry, Evonik is best-in-class.
We are committed to comply with and implement numerous internationally recognized standards, initiatives and programs. We augmented them with own guidelines and principles of conduct.
Our sustainability strategy takes up the growth markets identified in our corporate strategy and defines areas of action geared to balanced management of economic, ecological and social factors. Sustainability has developed into a growth driver for many of our business activities
Dialogue with our stakeholders is a central part of our sustainability management. By exchanging views with our stakeholders, we understand their perceptions better and utilize this to challenge our own positions and actions.
Sustainability Report 2019
Would you like to find out more? Download our current Sustainability Report here.