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Note 8: Cradle-to-grave carbon footprint

[...] suppliers and have increased sales of paints with a lower carbon footprint in Asia. For some other businesses, the trend is towards higher footprint products. Since 2012, our upstream emissions have reduced by about 14 percent and downstream by about 13 percent. Cradle-to-grave product carbon footprint in million tons of CO2(e) and % reduction per ton of sales The carbon footprint of the six main greenhouse gases is measured from cradle-to-grave based on the international Greenhouse Gas (GHG) Protocol and Lifecycle Assessment ISO 14040-44. Includes impact from VOCs. See Assessment method on our website. Cradle-to-grave product carbon footprint 2013 2014 2015 2016 1 [...]

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Strategy

[...] spending, while we achieved growth in areas such as our Powder Coatings and Vehicle Refinishes businesses. It was also a year of exploration and growth – new additions to our product portfolio, new digital technologies to support our customers and new opportunities in growing segments and geographies. We remain committed to our strategy of pursuing differentiated growth strategies, delivering business-specific innovation plans and driving overarching performance improvement initiatives. Actions Pursue differentiated growth strategies We drive growth in Performance Coatings by assessing the attractiveness of market segments and our ability to win in those [...]

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Note 1: Managing our sustainability agenda

[...] work with the expertise team and the business teams to ensure effective roll-out of the new strategy. Businesses and functions Accountability for managing sustainability and delivering against targets lies with the businesses and functions. The managing director of each business is responsible for managing sustainability as an overall part of business operations. All businesses have appointed a sustainability manager, or focal point, to support the embedding of sustainability throughout their operations. They bring together an appropriate team to develop and implement the sustainability agenda for the business. Focal points work together at Business Area level to [...]

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Note 14: Product stewardship

Product stewardship Our ambition is to be a leading company in product stewardship and to create business value from it by providing safer and more sustainable solutions for our customers. Continuous improvement In 2016, all businesses completed the AkzoNobel Product stewardship continuous improvement tool (PSCIT) to assess their level of maturity in the eight key elements of product stewardship following the principles of Responsible Care® and Coatings Care®. Each business provided an improvement plan and agreed next steps towards achieving a leading level in product stewardship. Customer focused product stewardship Working with our commercial excellence and [...]

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Compliance governance

[...] Sustainability and Health Safety and Environment. In 2016, two managing directors of AkzoNobel businesses were added as members to the committee to add further business expertise to its decision-making. Compliance organization Human Rights Committee In 2016, the Executive Committee established a Human Rights Committee which supports the Board of Management and Executive Committee in establishing, monitoring and assessing the company’s human rights policies and framework. It consists of the Directors of Compliance (chair), Internal Audit (co-chair), People Development, Occupational Health, Purchasing, Health, Safety and Environment, and Operations Decorative [...]

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Note 4: Products and services

[...] significantly reduced (preferably virtually zero) volatile organic compounds (VOC) continues in our businesses. As a result of this ongoing commitment, our product portfolio is undergoing a transformation towards a range of products that are lower in VOC content. Since 2009, this is established as an important part of our target to minimize the potential social and environmental impact from the materials in our products. Both our Decorative Paints and Performance Coatings businesses are contributing to this continued reduction of VOC content. The company’s overall paints and coatings product portfolio showed a decrease of 9 percent in average VOC content in [...]

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Note 9: Operational eco-efficiency

[...] 64 percent of the sites which were reported in 2009 have improved their performance Many of our businesses showed an eco-efficiency footprint improvement. Major positive contributions came from our new plant in Frankfurt, Germany; the closure of Deventer production in the Netherlands; our wastewater treatment plant in Maua, Brazil; and the acquisition in Columbus, US. Major negative impacts came from our sulfur derivatives plants, which emitted more SO2. Additional programs are being put in place to accelerate progress Our operational eco-efficiency performance and trends (the footprint and its related parameters) are transparent for the whole of AkzoNobel via the [...]

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– Safety

[...] helped to embed PSM in the organization Our company-wide rule on product stewardship requires all businesses to implement an effective and auditable product stewardship management process. Businesses are required to address the key elements of product stewardship, following the principles of Responsible Care® and Coatings Care®. Our product stewardship procedure provides guidance on how to implement the eight key elements of product stewardship Our product stewardship and product safety processes are underpinned by a requirement for continuous improvement. In 2016, all businesses completed the product stewardship continuous improvement tool to assess their [...]

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Performance Coatings

[...] a manufacturing facility in Thailand to support growth markets in South-East Asia across all of our businesses. Towards the end of the year, we completed the acquisition of BASF’s Industrial Coatings business, which supplies a wide range of products to industries including construction, domestic appliances, wind energy and commercial transport. We are now able to offer new products and maintenance solutions for wind turbine blades and service a broader customer base. The acquisition also enables us to further expand our geographic reach in countries such as Japan, Russia and South Africa. Confirming our strategy of pursuing value generating acquisitions, it will [...]

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Supervisory Board

[...] Board ensures that regular updates are provided to the Supervisory Board on the company’s businesses, sustainability, legal matters, social and corporate governance, accounting, investor relations, compliance, risk management and internal controls. The Supervisory Board is governed by its Rules of Procedure, which are available on the company’s corporate website. The Rules of Procedure include the profile and the Charters of the Committees and set out the tasks and responsibilities of the Supervisory Board, as well as its operational processes. Composition The list of Supervisory Board members, including their biographies, can be found in the Leadership [...]

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