living sustainability. together.

99 Pages·2017·22.77 MB·English

“LIVING SUSTAINABILITY.
TOGETHER.”
GRI REPORT 2016
TABLE OF
CONTENTS
1 BOARD MEMBERS’ VIEW 03 5 INEOS STYROLUTION AS A RELIABLE EMPLOYER 61
1.1 Editorial by Kevin McQuade 03 5.1 Our mission: Striving to be an attractive, reliable employer 62
1.2 Board members’ view 04 5.2 Putting our mission into practice: Fostering a high-quality
working environment and value-driven team 63
2 OUR APPROACH TO SUSTAINABILITY 05
2.1 Key sustainability highlights 2016 06 6 A RELIABLE PARTNER TO SUPPLIERS 68
2.2 Sustainability targets 07 6.1 Our mission: Activating our suppliers in order to enhance
2.3 INEOS Styrolution at a glance 08 sustainability standards along the supply chain 69
2.4 How we defne sustainability 11 6.2 Putting our mission into practice: Establishing the Supplier Code of Conduct 69
2.5 The vision and mission of our sustainability program 12 6.3 Sharing the vision: Providing sustainability training to our buyers 70
2.6 Sustainability team and working structure 13 6.4 Environmental and social responsibility in our supply chain 71
2.7 GRI Reporting 14 7 COMPLIANCE AS FOUNDATION OF OUR BUSINESS SUCCESS 73
2.7.1 Report methodology 14 7.1 Our mission: Living up to highest standards with regards to compliance 74
2.7.2 Materiality analysis, identifed material aspects and boundaries 15 7.2 Putting our mission into practice: INEOS Styrolution's Compliance Program 74
2.7.3 Stakeholder dialogue at INEOS Styrolution 18
8 COMMUNITY INVOLVEMENT 78
3 RESPONSIBLE PRODUCTS 21 8.1 Our mission: Supporting the communities we operate in 79
3.1 Our mission: Driving sustainable styrenics 22 8.2 Putting our mission into practice: Community involvement projects
3.2 Styrenics: A multi-talented material with sustainable benefts 22 from around the globe 80
3.2.1 Taking sustainability into account from the start 24 9 RESPONSIBLE BUSINESS MANAGEMENT 86
3.2.2 Material solutions that enhance our customers’ product sustainability 24 9.1 Our mission: Driving genuine value through sustainable business management 87
3.2.3 Responsible business practices across the entire value chain 31 9.2 Putting our mission into practice: Fostering sustainable growth 87
3.3 Driving product stewardship for safe, top-quality products 38 9.3 INEOS Styrolution's Risk & Control Program: An ingrained part of our
4 RELIABLE OPERATIONS 40 corporate processes 90
4.1 Our mission: Fostering safe and reliable operations 41 10 CONTACT 92
4.2 Putting our mission into practice: Making safety a top priority 41
GRI CONTENT INDEX 93
4.2.1 SHE highlight example: Asia-Pacifc 46
4.3 Putting our mission into practice: Improving our environmental footprint 48
4.3.1 Environmental data 50
4.3.2 Environmental footprint highlight example: Asia-Pacifc 58
LEGEND Bofa cko ntote tnatbsle Print More on the web Internal PDF link Contact by email GRI index Founl/l oscffreen mode
1 BOARD MEMBERS‘ VIEW 3
1
1.1 EDITORIAL BY KEVIN MCQUADE
DEAR VALUED STAKEHOLDER,
Sustainability is the foundation of how we do our business and We support the shift to a circular economy and aim to develop
the key to our business success. Therefore, sustainability is frmly sustainable solutions in different aspects of our products’ lifecycle
integrated into all of our decision-making processes and steers our – right from innovation through the use phase to the end of life of
company’s strategy moving forward. the product when its embedded resources can be recovered or
reintroduced into the product’s life cycle. Through our close collabo-
We started our sustainability journey at INEOS Styrolution in 2011 rations with leading research institutes and partners along the value Responsible business management implies taking into account eco-
with various sustainability-related initiatives, and since 2014 devel- chain, we are working on a proof of concept for promising chemical nomic, environmental and social factors to sustain and further grow
oped a unifed framework – our global sustainability program. With recycling technologies for polystyrene. our business in the long term. As part of our Triple Shift strategy
the publication of our frst qualitative report in 2015 and our frst implementation, we have made several investments with a sustain-
quantitative report in 2016, which complies with the GRI’s G4 guide- Operationally, we continue to improve the environmental footprint able impact, contributing to enhanced energy effciency, better
lines, we are advancing our sustainability processes year on year. This of our sites and further expand our sites’ ISO energy and environ- material yield and reduced emissions. Going forward, we will explore
progress has also been externally recognized with a silver certifcate mental certifcations. In terms of supply chain, we will further drive further opportunities for sustainable investments.
by EcoVadis , a leading independent corporate sustainability asses- our sustainability standards beyond the boundaries of our company
sor. We improved in our corporate social responsibility scoring from and deeper into the upstream and downstream of our supply chain. This year, we will review our materiality matrix considering emerging
47 for the year 2014 to 59 for the year 2015, which now places us in Preventing plastic pellet loss during production and transportation is megatrends as well as internal and external stakeholder expecta-
the top 10% in the category of plastics manufacturers. our responsibility, therefore, we are not only taking action within our tions that are material to our business operations to ensure that we
operations, we also work together with our value chain to share best are moving in the right direction. We look forward to continuing on
This year-on-year improvement in the sustainability of our products, practices on zero pellet loss. our path of “Living Sustainability. Together.” in close engagement
operations and business management is of critical importance to with our stakeholders.
our customers, our shareholder and parent company INEOS, our We believe compliance with legislation as well as with our own busi-
investors, employees and the communities we operate in. Providing ness principles is a precondition for sustainability. To us, compliance This progress made over the last two years would not have been
sustainable products, solutions and services is not only what our cus- is non-negotiable and is, thus, inherent in our daily decision-making. possible without the joint efforts of all our 3,200 colleagues across
tomers expect from us as their supplier, it also gives us a competitive the globe who demonstrate their commitment to sustainability and
advantage to stay ahead of the curve and maintain our position as Our employees are our most valuable asset, which is why workplace our company.
the market leader for styrenics. safety is and remains our undisputed #1 priority. We have high
health and safety standards in place and strive to ensure that every Sincerely yours,
To demonstrate our commitment to higher transparency, continu- colleague, contractor and on-site logistics personnel lives our safety
ous improvement as well as environmental and social responsibil- culture to ensure that we all return home safely to our families.
ity, as of this year, we have committed ourselves to global sustain-
ability targets that cover seven focus areas of our business: SHE Our responsibility does not end at the company gates. With this Kevin McQuade – CEO INEOS Styrolution
(Safety, Health & Environment), Compliance, Human Resources, in mind, we are also committed to being a responsible and active
Procurement, Operations, R&D, and community involvement. corporate citizen for the communities we operate in.
Click here to view the whole video editorial
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1 BOARD MEMBERS‘ VIEW 4
V1.I2E WBO ARD MEMBERS' SUSTAINABILITY IS KEY TO BUSINESS SUCCESS –
INEOS STYROLUTION’S TOP MANAGEMENT IS CONVINCED!
“AS THE LEADING GLOBAL STYRENICS
SUPPLIER, WE HAVE INCORPORATED
SUSTAINABILITY IN OUR OPERATIONS.
ENSURING RESPONSIBLE BUSINESS
PRACTICES IN OUR PLANTS, THROUGHOUT
ALL OUR PROCESSES AND ACROSS THE
ENTIRE VALUE CHAIN IS A KEY ELEMENT OF
OUR SUSTAINABILITY DRIVE. THIS INCLUDES
MANY ASPECTS, FROM THE EFFICIENT USE OF
RESOURCES AND THE REDUCTION OF OUR
ENVIRONMENTAL FOOTPRINT TO ACHIEVING
ZERO INCIDENTS IN OPERATIONS, MAKING
INEOS STYROLUTION A SAFE AND SECURE
PLACE TO WORK.”
Pierre Minguet – President Operations Board (from left to right): Rob Buntinx, Pierre Minguet, Kevin McQuade, Markus Fieseler, Alexander Glück and Steve Harrington

“FOR US, SUSTAINABILITY IS NOT MERE “OUR STAKEHOLDERS INCLUDING INVESTORS, FINANCIAL “SUSTAINABLE DEVELOPMENT IS THE PATHWAY TO
LIP SERVICE. A RESPONSIBLE APPROACH EXPERTS AND RATING AGENCIES INCREASINGLY EXPECT OUR THE FUTURE AND OFFERS US A FRAMEWORK TO
TO OUR PRODUCT PORTFOLIO IS KEY TO COMPANY TO ADDRESS SUSTAINABILITY IN ALL BUSINESS ENGAGE WITH OUR CUSTOMERS, SUPPLIERS AND
US. THIS MEANS LOOKING AT THE ENTIRE AREAS. THROUGH THIS REPORT, WE AIM TO PROVIDE HIGHER OTHER STAKEHOLDERS TO ACHIEVE GROWTH WHILE
SUPPLY CHAIN – FROM DEVELOPMENT AND TRANSPARENCY ON OUR ACTIONS AND THEREBY MAINTAIN THE PROMOTING ENVIRONMENTAL STEWARDSHIP AND
PRODUCTION TO TRANSPORT, SALE AND TRUST AND CREDIBILITY OUR STAKEHOLDERS HAVE PLACED IN SOCIAL RESPONSIBILITY. THIS IS A CRITICAL SUCCESS
USE, AND RE-ENTRY INTO THE PRODUCT US. FOR US, SUSTAINABILITY AND FINANCIAL SUCCESS SIMPLY GO FACTOR FOR PARTICIPATION IN EMERGING MARKETS.”
LIFE CYCLE. BY OFFERING STYRENIC HAND IN HAND.” Steve Harrington – President Global Styrene Monomer and
SOLUTIONS THAT DELIVER STRONG, Markus Fieseler – Chief Financial Offcer Asia-Pacifc
SUSTAINABLE PERFORMANCE, WE WANT
TO ENSURE THAT OUR CUSTOMERS’ “THE MOST SUCCESSFUL COMPANIES ARE THOSE THAT HAVE INTEGRATED SUSTAINABILITY INTO THEIR CORE BUSINESSES.
BUSINESSES AND END-CONSUMERS’ THAT IS WHAT WE HAVE DONE AT INEOS STYROLUTION AND THIS IS WHY WE APPLY THE SAME STANDARDS THROUGHOUT
CHOICES BECOME MORE SUSTAINABLE.” ALL REGIONS, GOING BEYOND REGIONAL OR COUNTRY STANDARDS.”
Rob Buntinx – President Europe, Middle East and Africa Alexander Glück – President Americas
OUR APPROACH
2.0 TO SUSTAINABILITY SAFE AND
SUSTAINABLE
STYRENICS –
SUSTAINABLE
SUCCESS
For INEOS Styrolution,
sustainability is not just
about safeguarding our
license to operate.
We go one step further:
To us, it is a lever for
growth.
2 OUR APPROACH TO SUSTAINABILITY 6
2.1 KEY SUSTAINABILITY HIGHLIGHTS 2016
RESPONSIBLE RESPONSIBLE
SAFETY
OPERATIONS PRODUCTS
of sites/ offces have formed
JOINT MANAGEMENT-
100% WORKER SAFETY are are
60% ISO 14001 100% ISO 9001
COMMITTEES of sites
certifed  of sites certifed
SUSTAINABILITY
Reduction in severity of LOST TIME in specifc are
INJURY RATE (LTIR) to 8% waste for 40% ISO 50001 integrated into all
(versus 0.22 in 2015) 0.12 decrease pgloolbymalelyr s of sites certifed CUSTOMER
in energy WORKSHOPS
In 2016, more than 6% of NOx 4% for polymers
reduction in EBSM* savings globally
16,500 BEHAVIORAL-BASED
SAFETY OBSERVATION (BBSO)
* EBSM = ethylbenzene styrene monomer
submissions
RELIABLE RELIABLE COMMUNITY
COMPLIANCE
EMPLOYER SUPPLIER INVOLVEMENT
Entire relevant EMPLOYEE 14 out of 15
employee base D EVELOPMENT production sites &
trained on ANTITRUST
t raining programs initiated 3 out of 4
Revision of in all regions GLOBAL ROLL-OUT headquarters
CODE OF of ECOVADIS support their communities with
CONDUCT WORLDWIDE assessment of suppliers CORPORATE SOCIAL
Introduction of ROLL-OUT RESPONSIBILITY (CSR)
INTERNATIONAL in progress PROJECTS
TRADE POLICY and/ or DONATIONS
2 OUR APPROACH TO SUSTAINABILITY 7
2.2 SUSTAINABILITY TARGETS
We have committed ourselves to global sustainability targets which cover seven focus areas of our business: Safety, Health & Environment (SHE), Compliance, Human Resources, Procurement, Operations, R&D,
and community involvement.
RESPONSIBLE RESPONSIBLE
SAFETY
OPERATIONS PRODUCTS
of sites are ISO Increase SUSTAINABILITY
reduction* of
CONTINUOUS IMPROVEMENT 100% 14001 certifed 7% QUOTA for Regional Development
waste water
of our company's by 2019 Centers above 50%
SAFETY PERFORMANCE of sites are ISO reduction VOC**
60% 50001/ EMS 7% Keep sustainability quota
by 2018
Reducing annual certifed by 2018 for R&D above 90%
TOTAL CASE INJURY RATE reduction* of
reduction* of Develop proof of concept of
(TCIR) to 0.38 10% 3% water use by
waste by 2018 POLYSTYRENE DEPOLYMERIZATION
2018
including BUSINESS CASE by 2019
RELIABLE RELIABLE COMMUNITY
COMPLIANCE
EMPLOYER SUPPLIER INVOLVEMENT
ALL RELEVANT of total supplier
80% of exempt employees to have
EMPLOYEES an EMPLOYEE DEVELOPMENT 80% spend to be ALL SITES,
trained on ANTI-BRIBERY
INTERVIEW in 2018 third-party assessed by end of 2020 OFFICES &
& CORRUPTION
HEADQUARTERS
BIENNIAL TRAINING Implementation of MANAGEMENT 100% of buyers trained support at least
of entire active DEVELOPMENT PROGRAMS on sustainability by end of 2017 one meaningful
in all regions in 2017, also for senior
employee base on
and executive management SUSTAINABILITY to be included CORPORATE SOCIAL
CODE OF as a key component in SUPPLIER RESPONSIBILITY (CSR)
EMPLOYEE SURVEY for the entire
CONDUCT
workforce conducted in 2017 EXCELLENCE PROGRAM PROJECT
* Baseline year 2014, ** VOC = volatile organic compounds, baseline year 2015
2 OUR APPROACH TO SUSTAINABILITY 8
2.3 INEOS STYROLUTION
3,200 9 16 6 R&D 24 sales
1 EMPLOYEES COUNTRIES PRODUCTION SITES CENTERS offces
AT A GLANCE
INEOS Styrolution is the leading global styrenics supplier with a
focus on styrene monomer, polystyrene, ABS Standard and styrenic o
N 1 +
specialties. With world-class production facilities and more than
GLOBAL 85 Founded in
85 years of experience, INEOS Styrolution helps its customers
succeed by ofering the best possible solutions, designed to give LEADER YEARS
in styrenics of experience 2011
them a competitive edge in their markets. The company provides
in styrenics
styrenics applications for many everyday products across a broad
range of industries, including Automotive, Electronics, Household,
Construction, Healthcare, Packaging, and Toys, Sports & Leisure.
In 2016, sales were at 4.5 billion euros. INEOS Styrolution employs
approximately 3,200 people, operates 16 manufacturing sites in
Canada, Mexico, USA, Belgium, France, Germany, India, Korea and
OPERATING SEGMENTS
Thailand with six R&D centers and 24 sales offces around the globe.
Global
Styrene Polymers
INEOS Styrolution has four headquarters around the world – the Monomer EMEA 35% +
global and EMEA headquarters for Specialties in Frankfurt am 18% REVENUE 2,000 APPLICATIONS ACROSS SEVEN INDUSTRIES
2016:
Main, Germany, the EMEA headquarters for commodities and 4.5 billion
standard products in Rolle, Switzerland, the American headquarters
Polymers
in Aurora, USA, and the Asia-Pacifc headquarters in Singapore. Asia-Pacifc Polymers Americas
21% 26% AUTOMOTIVE ELECTRONICS HOUSEHOLD CONSTRUCTION HEALTHCARE PACKAGING TO
&Y SLE, ISSPUORRETS
INEOS Styrolution's operations are grouped into four operating
segments (see infographic). The segments are supported by central +
APPROX. 1,000 1,500 PRODUCTS BILLION EUROS BILLION EUROS
departments that provide various services on a global or regional level. PATENTS 4 .5 IN REVENUE IN 20167 3 . 9 1 7 TOTAL ASSETS
The consolidation of our accounts includes all entities within AS OF DECEMBER 31, 2016
INEOS Styrolution. For the avoidance of doubt, this excludes
d
wacihstiticvrihibt iuwetsei o ornef cIsNeiErvOeic Sae sAf efBoeS.r ,Ot hAuedr dIrNeysEcteOonnSt,l yAU aBScSAq ,pu ariorse dwdue pc eorodnd lpyu rpcotrdiouvncid tsseit, efo inr 4
CU,S0TO0M0E+RS 3 , 4 PO7 ALYN7SDTSYT SKRYTERTYNER NOES,ENO FA IMLCBDO SS INPSNTEO A2CM0NIA1ED6LRTA7,I RE DS 1.577 BTOILLTIAOLN E QEUURITOYS
Yeosu, South Korea, is also excluded from this report as the 2 . 3 4 0 TOTAL LIABILITIES
acquisition was only completed on February 27, 2017. INCLUDING FINANCIAL INDEBTEDNESS
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2 OUR APPROACH TO SUSTAINABILITY 9
INEOS Styrolution product groups and product lines of styrene monomer, polystyrene, ABS Standard and styrenic specialties:1
PRODUCT SCOPE IN THE STYRENIC VALUE CHAIN
®
Styrolution PS
• GPPS
Benzene
• HIPS
Styrene Monomer
• Styrene Monomer ABS Standard
Ethylene
• Ethylbenzene
• Terluran®
Propylene Acrylonitrile Specialties
ABS ASA & ASA+PC
• Absolac® (Asia only) • Luran® S
• Absolac® High Heat • Luran® SC
Butadiene (Asia only) (EMEA and Asia only)
• Novodur®
SAN
• Novodur® High Heat
• Absolan® (Asia only)
Butylacrylate • Lustran® Standard
• Luran®
• Lustran® Specialties
• Luran® High Heat
• Lustran® High Heat
• Lustran® (Americas only)
ABS+PA & ASA+PA
SBC
• Terblend® N
• Styrolux®
Methyl Methacrylate • Terblend® S • Styrofex®
• Triax® (Americas only)
• K-Resin®

MABS
SMMA & MBS
• Terlux®
• Clearblend®
(Americas and Asia only)
Purchased by INEOS Styrolution Produced by INEOS Styrolution
• NAS®
• Zylar®
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2 OUR APPROACH TO SUSTAINABILITY 10
OWNERSHIP
2
INEOS Styrolution is wholy owned by INEOS AG. The OWNERSHIP OVERVIEW
company Styrolution was founded October 1, 2011, as a 50:50
joint venture between the two shareholders, INEOS AG and
BASF SE. In November 2014, INEOS acquired BASF’s 50%
INEOS AG
share in Styrolution. Since then, the company has operated
as a stand-alone business within INEOS. On January 18, 2016,
the company changed its name to INEOS Styrolution to
refect its ownership by INEOS.
INEOS Industries Holding Limited
SIGNIFICANT CHANGES IN THE
1
MANAGEMENT BOARD IN 2016
Effective October 2016, Markus Fieseler was appointed as the
company’s Chief Financial Offcer (CFO). Prior to his current
role, Markus Fieseler was CFO of BASF Mexico and Central
America & the Caribbean. Over the course of his 24-year
career, Markus Fieseler held various management positions
INEOS Styrolution INEOS Styrolution
in fnance, controlling and accounting at BASF SE. He
Switzerland SA Investment GmbH
succeeded Christoph de la Camp, who elected to leave
INEOS Styrolution effective June 2016.
INEOS Styrolution
Group GmbH
Legal entities Legal entities Legal entities
Americas Specialties EMEA Asia-Pacifc
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