14.09.2015 17:40:00
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Arkema Joins FTSE4Good Index in Recognition of Its Extra-Financial Performances
Regulatory News:
On 1st July 2015, Arkema (Paris:AKE) joined the FTSE4Good extra-financial global benchmark index that lists exemplary companies around the world in terms of corporate social responsibility (CSR). This recognition rewards the Group’s performance in this field.
Arkema’s listing in this global index complements the other two extra-financial rewards received by the Group in 2014. It reflects Arkema’s transparency and excellence in terms of corporate social responsibility:
- Since June 2014 Arkema had already been listed in benchmark index Euronext Vigeo Eurozone 120 which ranks the top performing one hundred and twenty euro-zone publicly-traded companies in terms of CSR based on environmental, human rights, human resources, contribution to local economy, commercial practices, and governance.
- In September 2014, following an audit of the Group at the request of its customers, Arkema had also been awarded a golden rating by the EcoVadis agency, corresponding to the highest level of CSR performance.
Arkema’s five CSR policy commitments
This policy, drawn up in 2012, is based around five key vectors:
- being part of those chemical companies boasting the best safety records
- minimizing the environmental footprint of our activities
- promoting the individual and collective development of the Company’s men and women
- placing sustainable development solutions at the heart of the innovation policy and the product offering
- developing openness and dialogue with all stakeholders (local residents, associations, suppliers, customers, etc.)
Examples of Arkema’s CSR performance
Its achievements over many years, and in particular since 2012, have enabled the Group to reach tangible results, recognized by the analysts of extra-financial rating agencies. In safety terms, the Group reduced its injury rate by 40% between 2012 and 2014. In environmental terms, Arkema cut its greenhouse gases by 30% over the same period, and by 20% its volatile organic compounds (hydrocarbon) emissions. Additionally, 40% of the patents filed concern sustainable development issues, and 13% of the products are now derived from biosourced raw materials. In 2014 still, as part of the Common Ground® programme, the sites organized in total 1,000 community relations initiatives involving local residents, schools, institutions and local communities, the aim being to promote understanding of Group’s activities.
Contribution of all Group employees
The sustainable development policy relies both on investments and on combined individual operational best practices. It is a continuous improvement process that requires personal commitment and perseverance from everyone. All indices measure the Group’s extra-financial performance, and represent a recognition of the work achieved by all personnel members in terms of sustainable development. It is also an encouragement to continue along these lines.
A global chemical company and France’s leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, we produce state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in close to 50 countries, some 19,000 employees and research centers in North America, France and Asia, Arkema generates pro forma annual revenue of some €7.5 billion, and holds leadership positions in all its markets with a portfolio of internationally recognized brands.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150914005946/en/
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