Goals
We carry out our corporate purpose, “We create chemistry for a sustainable future,” by pursuing ambitious goals along our entire value chain. In this way, we aim to achieve profitable growth and take on social and environmental responsibility. We are focusing on issues through which we as a company can make a significant contribution.
Goal areas along the value chain
Procurement
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2020 Goal |
Status at end of 2016 |
More on |
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Assessment of sustainability performance of relevant suppliers1 according to our risk-based approach; development of action plans where improvement is necessary |
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70% |
32% |
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Growth and profitability
As determined in 2015, our aim for the years ahead is, on average, to grow sales slightly faster and EBITDA considerably faster than global chemical production (excluding pharmaceuticals; 2016: 3.4%), and to earn a significant premium on our cost of capital. Moreover, we strive for a high level of free cash flow each year, either raising or at least maintaining the dividend at the prior-year level. The goals for sales and EBITDA are based on the 2015 figures, excluding contributions from the business disposed of in the asset swap with Gazprom in September 2015.
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2016 |
Change since 2015 |
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Sales |
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€57.6 billion |
(4.6%)2 |
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EBITDA |
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€10.5 billion |
5.3%2 |
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Dividends per share paid out |
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€2.90 |
€0.10 |
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Premium on cost of capital |
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€1.1 billion |
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Free cash flow |
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€3.6 billion |
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Employees
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2021 Goal |
Status at end of 2016 |
More on |
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Proportion of women in leadership positions with disciplinary responsibility |
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22–24% |
19.8% |
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Long-term goals |
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International representation among senior executives3 |
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Increase in proportion of non-German senior executives (baseline 2003: 30%) |
36.4% |
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Senior executives with international experience |
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Proportion of senior executives with international experience over 80% |
84.6% |
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Employee development |
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Systematic, global employee development as shared responsibility of employees and leaders based on relevant processes and tools |
The project has been implemented for around 78,150 employees worldwide. |
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Production
Product stewardship
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2020 Goal |
Status at end of 2016 |
More on |
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Risk assessment of products that we sell in quantities of more than one metric ton per year worldwide |
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>99% |
75.4% |
Energy and climate protection
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2020 Goal |
Status at end of 2016 |
More on |
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Coverage of our primary energy demand by introducing certified energy management systems (ISO 50001) at all relevant sites4 |
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90% |
42.3% |
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Reduction of greenhouse gas emissions per metric ton of sales product (excluding Oil & Gas, baseline 2002) |
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(40%) |
(37.2%) |
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Water
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2025 Goal |
Status at end of 2016 |
More on |
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Introduction of sustainable water management at all production sites in water stress areas and at all Verbund sites (excluding Oil & Gas) |
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100% |
42.6% |
Products and solutions
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2020 Goal |
Status at end of 2016 |
More on |
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Increase the proportion of sales generated by products that make a particular contribution to sustainable development (“Accelerators”) |
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28% |
27.2% |