SUSTAINABILITY MANAGEMENT
We take responsibility
Long-term business success must create value: for the environment, society, and the economy. That is why sustainability has been a fundamental component of our corporate strategy for many years. We consistently integrate aspects of sustainability into our actions. We understand future sustainability trends and derive appropriate measures for our business. Sustainability remains deeply anchored in our company strategy.
Within the framework of our entrepreneurial self-obligation, we define measurable sustainability goals and methods for their implementation. In our corporate strategy, we have set sustainability priorities and linked these to the relevant SDGs (Sustainable Development Goals of the UN). CHT has selected 11 of the 17 SDGs which are highly relevant for our business activities today and in the future (see graph).
- We buy responsibly.
- We align our production safely for people and the environment.
- We treat our staff and society with respect and appreciation.
- We are the preferred partner and leading reference for sustainable chemical solutions in our markets.
Energy and climate protection, portfolio management, supply chain responsibility, staff commitment and resource efficiency as well as responsible production are the focal points of our sustainability management.
These aspects play a vital role in our long-term steering processes and reports. We consider the relevance of these topics for our business, the effects along the value chain and the significance for our stakeholders.
We involve stakeholders: open dialog
Our commitment to sustainability is characterized by a trusting and open dialog with our stakeholders. These include the owners of our company, our staff, and external stakeholders such as our customers, suppliers, associations, universities, research institutions and NGOs. In an exchange with them we identify new trends and demands at an early stage, so that we can include them in our development and entrepreneurial decisions.
Stakeholders' needs and expectations of CHT
Employees
- Safe workplace
- Attractive and fair employer
- Development opportunities
- Trust
- Protection of health
Owners, CHT foundations
- Responsible and sustainable management
- Profitable business expansion
- Risk minimization
Customers
- Innovative and sustainable solutions
- Reliability
- Good cost effectiveness
Suppliers
- Fair and reliable business relations
- Support in the implementation of social and ecological demands
Banks
- Long-term planning and performance
- Reliability
- Transparent risk management
Society, politics, NGOs, media
- Responsible and credible partner
- Production of safe products in compliance with environmental and social standards
- Jobs and tax payments
We measure value contributions through sustainability
We want to capture the value contribution of our sustainable corporate activities along the entire value chain. We aim to increase our positive contribution to society and minimize the negative effects. To achieve this, we need to better understand the impact of our actions on the environment. We use the experience we have gained in the sustainability assessment of our products, as well as eco-efficiency analyses prepared jointly with partners. We have prepared the first CHT CO2 balance for 2021 and are preparing to calculate our product carbon footprints.
Valid data collection
All data in this report is recorded and documented in a reporting system used throughout the group. The reporting system uses a uniform data platform which is available at all CHT sites worldwide. All group-wide data in the areas of ecology and society is collected by locally responsible and access-authorized employees at the various CHT sites. The validity of such data is ensured by a two-stage confirmation process. The tool contains calculation factors, so that all consumptions and emissions can be recorded, calculated, and evaluated centrally.
In addition, CHT has implemented a tool for group-wide management and for ensuring compliance and CSR guidelines. The Managing Directors of the CHT Group evaluate this tool CSA (Control Self-Assessment) which includes the topics of sustainability and UN Global Compact in the context of an explanatory self-disclosure for their CHT company.