Performance Coatings value creation summary 2015
Our Performance Coatings businesses serve all four end-user segments, supplying high performance coatings primarily to business-to-business customers. We are increasingly incorporating low energy processes and working to reduce our carbon footprint across the value chain. Innovation is also key to our product development, which is often highly technical in order to meet strict customer specifications.
Particular emphasis is placed on supplying products that offer environmental benefits for our customers. These initiatives will help us to create economic, social and environmental value. We continue to be committed to safety, as well as our talent development programs and our contribution to various community activities.
All these initiatives will contribute to our financial performance and ultimately lead to more economic value for our investors.
During 2015, we invested in both RD&I facilities and production facilities in mature and growth markets, to increase capacity and to improve efficiency.
Revenue breakdown by business unit in %
Revenue breakdown by end-user segment in %
Revenue development in % versus 2014
of revenue from eco-premium solutions
RD&I investments have resulted in 15 percent of revenue derived from eco-premium solutions with customer benefits.
Eco-premium solutions with customer benefits
% of revenue
4.0 million tons
upstream CO2(e) emissions
We continue to improve efficiency by reducing our energy use per ton of production, and are working towards improving our share of renewable energy. We continue to improve the environmental footprint of our operations by focusing on operational eco-efficiency.
0.3 million tons
CO2(e) emissions own operations
8.0 million tons
downstream CO2(e) emissions
12.3 million tons
CO2(e) emissions cradle-to-grave
increase CO2(e) per ton of sales from 2012 cradle-to-grave carbon footprint
employees at year-end 2015
total reportable rate of injuries
Employee safety is a key priority and we are actively driving towards a reduction in the number of incidents.
Total reportable rate of injuries
per million hours
We highly value, and actively work on improving, employee engagement. We’re investing in training and development and continue to work on a more diverse workforce.
employee engagement score
We participate in community programs and local sponsorships.
The carbon footprint of a product or organization is the total amount of greenhouse gas (GHG) emissions caused during a defined period, or across the total or part of a product lifecycle. It is expressed in terms of the amount of carbon dioxide equivalents CO2(e) emitted.