Performance Coatings value creation summary 2014
Our Performance Coatings businesses are focused on all four of our end-user segments. Supplying high performance products and cutting-edge technologies 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 and social benefits for our customers. These initiatives will help us to create economic, social and environmental value. Social value is also increased by our continued focus on 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.
Organization
€5.6 billion
revenue
€545 million
€2.5 billion
€143 million
capital expenditures
During 2014, we completed the construction of two new production facilities which will increase our production capacity for vehicle refinishes in China and powder coatings in the Middle East
Revenue breakdown by business unit in %
Revenue breakdown by end-user segment in %
Revenue development in % versus 2013
Outcomes
9.8% ROS
22.0% ROI
15%
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
Input
Organization
4.6 million tons
upstream CO2(e) emissions
4,600 TJ
energy use
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
55 kilotons
total waste
Outcomes
8.7 million tons
downstream CO2(e) emissions
13.6 million tons
CO2(e) emissions cradle-to-grave
2%
increase CO2(e) per ton of sales from 2012 cradle-to-grave carbon footprint
Organization
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
Outcomes
€1.2 billion
employee benefits
3.89
employee engagement score
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
20,500
employees at year-end 2014
We participate in community programs and local sponsorships