Targets

WACKER has voluntarily set itself the target of keeping the impact of our production on people, nature and the environment as low as possible and conserving water and marine resources. This target helps to reduce our footprint and is part of our sustainability strategy.

Group target: reducing specific water withdrawal by 15 percent

Our target is to cut specific water withdrawal per net production output throughout the Group by 15 percent from 2020 through 2030. In order to compensate for climate-related fluctuations, we calculate the absolute water withdrawal volumes of all production sites as three-year averages. This is divided by net production output, also calculated as a three-year average, and is provided as an index value. This target enables WACKER to focus its actions on efficient water use, guaranteeing water availability in the long term.

The indicator can be influenced both by the amount withdrawn and the net production output. Climate conditions over the course of the year, such as a hot summer, can also have an impact, as can the plant utilization rate.

Our Group target is a voluntary one that goes beyond the legal requirements at individual sites. No limits were fixed for target setting.

The target includes all production sites and water and marine resources, though we do not focus on areas in water risk zones, consumption at our sites or marine water as a resource since these have been assessed as non-material.

The Group Coordinator for the Environment is responsible for monitoring this Group target.

In the reporting year, the moving average for specific water withdrawal was up by 7 percent against the base year.

Although both absolute water withdrawal and production output in the reporting year were on a similar level to the 2020 base year, the calculation of the three-year average shifts the target value significantly. This is why we are seeking to have the target definition revised.