Sustainable business: Creating business value through products and solutions which provide functionality and other sustainability benefits, as well as cost savings through operational efficiencies.
Target: to achieve 20 percent of our revenue from eco-premium solutions that have a downstream sustainability benefit by 2020.
Resource Efficiency Index (REI) is our new indicator measuring how efficiently we generate value, expressed as gross margin divided by cradle-to-grave carbon footprint. By using these two metrics which both relate business performance to environmental performance we are clearly making the point that, to AkzoNobel, ‘business is sustainability and sustainability is business.’
Resource efficiency: Accelerating material and energy efficiency across the value chain.
Target: to reduce the cradle-to-grave carbon footprint per ton of sales by 25–30 percent, from 2012 to 2020.
Capable, engaged people: Engaging our people and partnering with our suppliers and customers to deliver significant changes.
Targets: To achieve an employee engagement score greater than 4 out of 5 (2015) as measured by Gallup Q12.
These targets are underpinned by strong programs for health, safety and environment (HSE), product stewardship, employee practices, community involvement, environmental management and our code of conduct.