At Solenis, we follow a clearly defined path to achieve our sustainability goals.
Our ambition for the future is to create more value for all our stakeholders while consuming less, thereby minimizing our impact on the environment and society.
Supporting our customers in their sustainability journeys will always be central to our business. Going forward we will intensify our look inwards, with a focus on consumption reduction and on product development with sustainability at its core.
We now have a prioritized set of actions to help us achieve that ambition. We will work towards meeting our current targets and will update routinely in line with business developments and expectations from our stakeholders. We will continue to monitor sustainability trends, risks and opportunities facing our business, as well as changes in legislation, ensuring we will be prepared to adapt to the ever-evolving sustainability landscape and business environment.
As we work towards our targets, we’ll keep looking for more ways to run our business in a sustainable way, enhancing growth while decreasing our environmental impact. Our global team of experts are ready to help us get there, and we look forward to the next chapter.
Evaluating our progress is critical to understanding our path forward. To ensure full transparency for all stakeholders, we have included relevant ESG data, which will be updated annually.View data
In 2020, we carried out an in-depth materiality assessment; and in 2021, we updated this assessment through the use of Datamaran* software to identify and prioritize the key material topics that have the potential to impact the long-term viability of the company and are of importance to our internal and external stakeholders. These material topics help us organize our priorities, actions and commitments.
Our 2021 materiality assessment update reconfirmed our material topics which organizes our actions and commitments across our four focus areas or pillars:
With the addition of the Sigura Water business in November 2021, we intend to complete a full materiality assessment in 2022 to understand all relevant material topics for our new, broader organization.
For more information on our strategic approach and materiality assessments, please visit pages 14-17 in our 2021 Sustainability Report.
*Trademark owned by a third party.
Our Strategic Framework visually depicts how our three business lenses, our four sustainability pillars, the SDGs and our material topics are interrelated. This framework helps all stakeholders to quickly understand how we approach these key areas. Meeting customer expectations is the only material topic not included in this framework because it is an overarching focus for Solenis.
Through the actions and commitments in each of these pillars, Solenis aims to create value for our stakeholders, while responding to sustainability and societal challenges, including contributing to the UN Sustainable Development Goals (SDGs). Solenis has prioritized six SDGs where we believe we can have the biggest impact through our customers, products, processes and partnerships.
Through the action and commitment to the four sustainability pillars defined, Solenis aims to create value for our stakeholders, while responding to sustainability and societal challenges, including contributing to the U.N. Sustainable Development Goals (SDGs). In fiscal year 2021, Solenis has revised and prioritized the SDGs where we believe we can have the biggest impact through our customers, employees, products, processes, and partnerships:
We have robust sustainability governance structures in place to ensure that material topics are managed at the highest level and that we continue to evolve our approach to sustainability.