Sustainability

Managing Sustainability

Companies can be profitable in the long term only if they take their responsibility toward the environment and society seriously. That is why sustainability has been firmly rooted in our business processes for many years. The importance of sustainability to us is demonstrated by the fact that we have made it one of our five strategic goals and have compiled our own Code of Sustainability. Sustainable development means balancing economic, ecological and social factors in everything we do.

Two voluntary global initiatives form the basis for sustainable corporate management at WACKER: Responsible Care® (the chemical-industry initiative) and the UN’s Global Compact. Through this voluntary commitment, WACKER undertakes to protect the environment, employees and society above and beyond legal requirements. We expect our suppliers to observe the principles of the UN’s Global Compact and the Responsible Care® initiative, and have included this in our general terms of procurement. Together with some 40 other chemical companies, WACKER Greater China renewed its commitment to the Chinese Responsible Care® program in 2014. The WACKER region had joined this initiative of the Association of International Chemical Manufacturers in China in 2008.

Substantial progress was made on strategic sustainability-management projects in 2014:

  • Group Certificate

Our Group certification ensures that customer-driven specifications and our corporate standards are implemented at all WACKER sites. In the reporting year, we included the technical competence center in Mumbai, India, in the Group certification for ISO 9001 and ISO 14001. Almost all WACKER production sites are now included in the Group certificate. Not yet included are the sites in Brazil, the Kolkata plant of Wacker Metroark Chemicals Pvt. Ltd., India, and the Halle (Germany) site acquired from Scil Proteins Production GmbH in 2014. All these sites, however, have corresponding individual certificates.

  • Greenhouse Gas Emissions

In 2012, we began calculating our indirect greenhouse-gas emissions in accordance with Greenhouse Gas Protocol Scope 3. These emissions include all those generated along the supply chain, e.g. by suppliers or through waste disposal and the transportation of products. In 2014, we added further Scope 3 categories and adapted our calculation methodology to the GHG Protocol guidance for the chemical industry. The Group’s carbon footprint is an important tool for improving climate protection.

oekom research AG, a German sustainability rating agency, gave WACKER a good overall rating of B–. According to oekom’s rating methodology, our company is classified as “Prime.” The status makes WACKER’s publicly traded securities eligible for investment from an environmental and social perspective. oekom’s clients include financial service providers with over € 600 billion in assets invested on the basis of the rating agency’s sustainability research. oekom has been assessing WACKER since 2008.

  • Sustainability Platform

In 2013, our new IT system for sustainability reporting (SPIRIT) was implemented groupwide, replacing various individual systems. We use the new software to collect and manage environmental and energy data, environment- and safety-related incidents and Integrated Management System (IMS) audits. The tool went live at all of our major production sites during the reporting year, replacing over 70 percent of our existing systems.

Compliance Management Takes Aim at Cybercrime

Workplace and Plant Safety – Global Focus on Machinery Safety

Minor Deficiencies in Hazardous Goods Transportation

Social Responsibility: Supporting Science Education and Social Projects

Sites Participate in Open House Day

Environmental Protection

Water Consumption Tested Using the Global Water Tool©

Product Stewardship

Energy Management

Generating Energy Efficiently