SearchOur materiality analysis targets resources to the most important issues. In 2018, we used evidence to determine our priorities for the next five years.
The refresh built upon our past approach, exploring stakeholder needs, major trends, benchmarks, and business impacts. We considered economic, social, and environmental dimensions and global reporting guidelines.
The materiality priorities enable us to focus on the most relevant issues. Internal engagement was crucial to develop new metrics to drive progress.
Our path to approved step-change targets was enabled by our Sustainability Council and Sustainability Steering Committee. Both bodies approved the protocols and targets for assurance readiness.
STEP-CHANGE TARGETS
Resource Efficiency
| Dimensions |
|
Target | Base year | Target year |
|---|---|---|---|---|
| Energy intensity (GJ/t sales) | 25% reduction by 2025 | 2010 | 2025 | |
| Material loss intensity (t/t sales) | 50% reduction by 2025 | 2010 | 2025 | |
| Absolute waste reduction | Lower as a percentage | 2010 | 2025 | |
| Flaring | 65% reduction | 2019 | 2025 | |
| Water intensity (m3/t sales) | 25% reduction | 2010 | 2025 |
Climate Change
| Dimensions |
|
Target | Base year | Target year |
|---|---|---|---|---|
| Green-house gas intensity (tCO2/t sales) | 25% reduction | 2010 | 2025 | |
| Renewable energy | 4 GW installed capacity (12 GW by 2030) | 2010 | 2025 |
Circular Economy
| Dimensions |
|
Target | Base year | Target year |
|---|---|---|---|---|
| Sales (kt) | 200 kt circular | 2019 | 2025 |
EHSS/Product Stewardship
| Dimensions |
|
Target | Base year | Target year |
|---|---|---|---|---|
| Fatalities | Zero every year | 2010 | 2025 |
Governance & Integrity
| Dimensions |
|
Target | Base year | Target year |
|---|---|---|---|---|
| Employee integrity | Annual improvement | 2017 | 2026 |
2019 MATERIALITY RESULTS
The results reflect climate change and the circular economy. The resulting key performance indicators target renewable energy, circular plastics, and waste and flaring. They will drive progress through measurable results.
Materiality changes for 2019 SUSTAINABILITY REPORT