About this Report
Wacker Chemie AG’s sustainability report provides details on how the company strikes a balance between economic, ecological and social responsibilities. Published in English and German, our online report is also available as a printable PDF file. The facts and key figures mentioned in this report refer to the 2019 and 2020 fiscal years.
Unless indicated otherwise, our statements apply to all our business divisions and sites around the world, as well as to all those subsidiaries in which WACKER holds a majority stake.
The information on our Group structure and financial position was taken from WACKER’s 2019 and 2020 annual reports. To be as up to date as possible, we have a section in our Goals chapter to cover future topics from 2021 onward (editorial deadline: July 1, 2021).
Defining Key Topics
This report offers an honest and comprehensive account of sustainability at WACKER not only for our customers, business partners, suppliers and shareholders, but also for analysts, non-governmental organizations, the authorities, our sites’ neighbors and our employees. We established the main contents through ongoing dialogue with our stakeholders.
In 2020 we conducted a survey of our key stakeholders, in which we determined the sustainability topics they consider to be important for WACKER. The survey results led to a materiality analysis, which serves as a basis for specifying the contents of the sustainability report and for reviewing and updating our sustainability strategy.
For reasons of cost and efficiency, this was the first year that we conducted the survey in the form of an indirect stakeholder questionnaire. This involved WACKER employees estimating which topics are of significance to those stakeholders with whom they are in close contact. Aside from relevance to the stakeholders, the survey also investigated the influence of each topic on WACKER and the effects of WACKER’s business activities on the topics.
Our reporting is based on the GRI Sustainability Reporting Standards set by the Global Reporting Initiative. An index references the pages that contain information on individual GRI figures.
The report was compiled in accordance with GRI Standards (“Core” option). Other aspects relevant to WACKER’s sustainability concerns are taken into account as well. We had the GRI Materiality Disclosures Service conduct a review, which involved GRI Services determining whether the GRI content index is presented clearly and whether the references match the corresponding sections in the report.
For further details on WACKER’s commitment to sustainability, please visit www.wacker.com/sustainability.