Materiality Assessment

 

Stakeholder Materiality

Our materiality assessment identifies health and safety in all aspects of our operations and climate change, including energy use and GHG emissions, among other topics, as issues of key importance to our business.

In line with Corporate Sustainability Reporting Directive (CSRD) requirements, we are in the process of completing a new Double Materiality Assessment that includes assessing sustainability-related impacts, risks, and opportunities.

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Engaging with Our Stakeholders

Making progress on our sustainability commitment involves continual engagement with our stakeholders. These include our customers, suppliers, employees, candidates, and communities, including governments, as well as potential investors. Below are some highlights from 2024:

  • Close collaboration between key account managers and strategic customers
  • Ratings questionnaires including CDP and EcoVadis
  • Substantial offering of products with sustainability benefits
  • 13 Innovation Centers around the world where we partner with customers to innovate solutions
  • Customer surveys
  • Customer meetings
  • Supplier key account management
  • Supplier commitment to Business Partner Code of Conduct
  • Supplier of the Year Awards Program
  • EcoVadis assessments of a percentage of our core suppliers
  • Access to third-party audits and industry best practices through Together for Sustainability (TfS)
  • Supplier engagement program requesting product carbon footprints
  • Scope 3 green raw material alternative market intelligence and ISCC PLUS supporting strategy
  • Conflict-minerals risk assessment and due diligence
  • Modern-slavery and forced- labor risk assessment
  • Regular communication between CEO and Senior Leadership Team with employees
  • Leadership Capabilities Framework and regular dialogue between managers and employees
  • Expanded our Global Living Wage analysis to cover 15 countries, representing 97.3% of our employees
  • Social dialogue with employee representative bodies in relevant countries
  • Internship and mentorship programs
  • Learning and Development– both in person and online
  • Annual Safety Day and Nouryon Cares initiative including volunteer opportunities for employees
  • SpeakUp! Hotline and Non Retaliation Policy
  • Community partnership with the Philadelphia Eagles, US:
    - Eagles Autism Challenge fundraiser
    - Eagles Business League Bike Build campaign
    - Nouryon All-Pro Teacher Campaign, US
  • AP Chemistry class visit to Bridgewater Innovation Center, US
  • Open day for students from Pittsburgh, US, which included a site and innovation center tour at our Deventer, Netherlands location
  • Preparing meals for families in need at the Ronald McDonald House in Gothenburg, Sweden
  • Vatsalya Trust Balikashram project: Supported an orphanage for 50 underprivileged girls, India
  • International Women's Day celebration with the children at the Mumbai office, India
  • Supporting Sunshine School for differently abled, India
  • Open-to-Public (OTP) programs, China
  • Equity analyst and lenderengagement via meetings, earnings calls, and conferences
  • Ratings and credit agencyresponses
  • Annual financial resultpublication on our website
  • Quarterly results shared withour lenders
  • Task Force on Climate-related Financial Disclosures (TCFD)


Learn more - Nouryon's sustainability pillars

Windmills improving the environmental footprint

Improving our safety performance and environmental footprint

We continuously work to improve our safety performance and environmental footprint for the benefit of our employees, contractors, customers, neighbors, and the environment
Green field with tractor

Grow and innovate

We provide solutions that are essential in applications ranging from pharmaceuticals and farming to electric cars and building insulation. Our goal is to deliver not just the desired functionality but improved sustainability performance as well.

Employees at Nouryon in labcoats

Engaging and partnering with employees, customers, and suppliers

At Nouryon, we aim to achieve sustainable business growth and have a positive impact on people’s everyday lives through our essential solutions as well as our actions.

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