sustainability and integrated report

32 Pages·2017·6.78 MB·English

2017 SUSTAINABILITY AND
INTEGRATED REPORT
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1. IPACKCHEM 4. OUR VALUE CREATION
1.1 Presenting IPACKCHEM ........................................................... 3 Value Creation Model and KPIs.............................................. 17
N 1.2 IPACKCHEM growth & responsibility path .... 4 4.1 Environmental capital .............................................................. 19
4.1.1. Production resource efficiency .............................................. 19
1.3 Executive statement .................................................................. 5
4.1.2. Climate change and air quality ............................................ 20
1.4 Customers served ......................................................................... 6
4.2 Industrial and intellectual capital ............................ 21
E 1.5 Context and outlook .................................................................. 7 4.2.1. Sustainable innovation .................................................................... 21
1.6 IPACKCHEM ambition................................................................ 8 4.2.2. Product lifecycle management .......................................... 22
4.3 Human capital .................................................................................. 23
T 4.3.1. Health and Safety at the workplace .............................. 23
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4.3.2. Human capital management & engagement ........ 24
P 4.4 Social and relational capital .......................................... 25
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4.4.1 Product safety for the consumers .................................... 25
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4.4.2. Contribution to local development ............................... 26
2. GOVERNANCE AND ETHICS
4.5 Financial capital ............................................................................. 27
2.1 Corporate governance ............................................................ 9 4.5.1. Finance and investments ............................................................. 27
O 2.2 Compliance, ethics and integrity ............................. 10
2.3 Risk governance ............................................................................. 12 28
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5. ADDITIONAL INFORMATION
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5.1 Reporting protocol ...................................................................... 28
3. STAKEHOLDERS AND ISSUES 5.2 GRI index and linkage table with UNGC/SDG 29
3.1 Stakeholders mapping and expectations ..... 13 5.3 Glossary ...................................................................................................... 31
3.2 Materiality ............................................................................................... 15
3.3 Sustainability strategic roadmap ............................. 16 CONTACTS............................................................................. 32
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1. IPACKCHEM
1.1. Presenting IPACKCHEM
UNITED KINGDOM RUSSIA “ WE OFFER INNOVATIVE AND
SECURE PACKAGING SOLUTIONS FOR
SPECIALITY CHEMICALS ”
Adhesives, automotive products, agrochemicals, cleaning
FRANCE
materials, construction chemicals, flavours, food additives,
fragrances, lubricants, printing chemicals…
HUNGARY
BRAZIL
SOUTH AFRICA
6
COUNTRIES OF OPERATIONS
The IPACKCHEM Group designs and manufactures high performance
6 rigid plastic bottles and containers using innovative barrier
PRODUCTION SITES technologies that allow packaging, storage, transportation and
marketing of a broad range of products.
68 M€
OF SALES
The Group plans to maintain its external growth through the
344
deployment of its activity in emerging countries while continuing to
PERMANENT EMPLOYEES
support its international customers in the six countries it operates
(France, United Kingdom, Hungary, Brazil, South Africa and Russia).
15,862 The IPACKCHEM Group aims to grow its core business while
TONNES maintaining its high-quality management, with its customer centric
approach.
OF PRODUCT SOLD
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GRI 102-10
1.2. IPACKCHEM’s growth and responsibility path
• Acquired by Boxmore
International
• Renamed BOXMORE Plastics Acquired by CEREA Partenaire
1987 1991 2000 2014 2017 2021
Became CHEASAPEAKE Acquired by Sagard Private
Speciality Chemical Packaging Equity Partners
following the acquisition of
Boxmore Completion of
Established
our 4-year vision
under the name
objectives
of AIROPAK
• ISO 9001
(France)
• ISO 9001 ISO 9001 BRC Certification • ISO 9001 (Brazil, South Africa)
(UK) (Hungary) (UK) • ISO 14001 (France)
• Handbook of policies
• ISO 26000 diagnosis
1987 1994 2002 2006 2008 2010 2012 2013 2016 2017 2021
• 1st Materiality
Assessment
• 1st Sustainability &
ISO 9002 Deployment of the Environment ISO 14001 Integrated Report
(France) Business Ethics Management (Hungary) • Joined UN Global
Programme initiative Compact
• Embraced Responsible
Care® Initiative
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1.3. Executive Statement
better transparency and relevance in all our actions towards our
stakeholders. As such we therefore publish, for the first year, the
Corporate responsibility, coupled
report of our Corporate Responsibility approach.
with external growth in emerging
countries to support our
The 2017 Sustainability and integrated Report invites you to follow
international customers, is now a the road to our transformation. Special attention has been paid in
prerequisite for operating in every setting-up a common Social Responsibility policy for all the countries
line of our business. involved on the basis of best practice sharing. For our reporting,
we apply both the IIRC framework and the GRI standards, the most
used and reputed reporting guidelines.
Jean-Philippe MORVAN
IPACKCHEM Group CEO What makes you proud of IPACKCHEM ?
I am particularly proud of our teams, truly dynamic and participating
players, working towards the achievement of our long-term goals:
Corporate responsibility is now integrated into IPACKCHEM’s
they fully understand the expectations of our clients and protect the
day-to-day activities. Corporate responsibility work is based on
economic interests of our partners. Our 344 employees invest their
IPACKCHEM’s values, vision and mission. Corporate responsibility is
energy next to the Management Committee to give their utmost and
guided by our strategy, general corporate responsibility principles,
answer the progressive challenges at stake day after day. I need to
the Code of Conduct guidelines and our purchasing and operating
emphasise how confident I am in the management of our company,
principles.
a favourable environment we must continue to develop. I am also
very proud of our clients and business partners who trust us and
What are the most relevant issues for your company ?
with whom we can have open debates and make transparent and
collaborative decisions.
Our Sustainability programme contains short-term and long-term
goals. It has been based on key themes: Good corporate governance
and ethics, Dialogue with our key stakeholders, Environmental
management, Sustainable innovation and sourcing, Human capital
development, Customer product stewardship and our contribution
to Society. Our commitments benefit our clients, end users, partners,
shareholders and future generations.
What’s new for IPACKCHEM ?
In 2016 IPACKCHEM carried out a Materiality survey in order to
IPACKCHEM Management Committee: (from left to right : Jean-Philippe Morvan, Julien Cauberghs,
redesign its strategic road map and promised to fully involve its Antoine Viguie and Dr. Simon Rollins)
teams and partners in that project. We commit ourselves to provide
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1.4. Customers served
Agrochemicals
Flavours & Fragrances,
Petrol & Lubricants and
General Chemicals 35%
65%
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1.5. Context and outlook
Plastics are not one single material. The plastics’ family is Poly(ePthEy)lene Poly(pPorPp)ylene Pc(ohPllyVovrCiind)yel Poly(sPtSy)rene PToerley(epPthEhtTya)lelantee pEox(lpyPsaStny-Edre)ende ABS
composed of a great variety of materials designed to meet
the very different needs of thousands of end products. As Thermoplastics SAN Polyc(aPrCb)onaet mPoeltyamcreytlhaeytl Polyamides
(PMMA) (PA) Fluoro
polymers PEEK
products evolve, so do plastic materials and as such many of
them are still to come.
POM PBT Polyanyl Thermoplastci
sulfone elastomers
(PSU) (TPE) Etc. PLASTICS
SHAPE
The plastics industry
THE FUTURE
Epoxy Vinyl ester Silicone
Plastics are a wide family of resource efficient materials derived Polyurethane Polyester resins
Thermosets (PUR)
from organic products such as cellulose, coal, natural gas, salt and,
of course, crude oil. New products are now bio-sourced and bio Phenol Melamine
based plastics. Because of the unique properties of plastic materials, Phenolic Arecsryinlisc formUamldeeayhdes formaldeyhdes resin
resins
they are used in a wide range of applications, such as packaging,
building and construction, automotive and aeronautics, electrical
and electronic equipment, agriculture, leisure and sports equipment 69.2% was recovered through recycling and energy recovery
or medical and health products, to help us to live and build a more processes while 30.8% still went to landfill.
sustainable world. The production and processing of plastics is also closely linked to
the price of oil.
Global production of plastics has not stopped growing since the
1950s. Today, demand for plastics in Europe has increased, it was Moreover, the plastics industry is an important source of employment
equal to 322 million tonnes in 2015, and this growth is expected to and contribution to the local economy. Over 1.5 million jobs are
continue for the next few years. In 2016, the plastics industry retains provided by the European plastics industry from close to 60,000
its dominant position as a leading sector. Its turnover grows at a companies operating, most of them SME’s.
faster average rate than other sectors of the manufacturing industry.
In 2017, plastics production is expected to stay on this positive trend. The packaging industry
Estimated to be US$ 998 billion by 2020, the global packaging
Impacts on Environment and Society
market offers rigid and soft materials. Rigid plastics packaging
The plastics sector has direct and indirect impacts on its should continue to grow until 2020, reaching US$ 222.5 billion in the
environment, the economy and the society. Considering its world market, particularly on markets in Africa, the Middle East and
environmental impacts, the main resources are mainly non- Asia, which will position themselves as the strongest consumers of
renewable materials and the challenge remains to encourage rigid plastic packaging.
responsible sourcing, recycling and to reduce pollution impacts.
More info: http://www.plasticseurope.org/
In Europe, in 2014, 25.8 million tonnes of post-consumer plastics
waste ended up in the official waste streams.
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1.6. IPACKCHEM’s ambition and sustainability strategy
In the context that places the plastics industry as a growing and IPACKCHEM’s Sustainability ambition has been redefined and will be
constantly evolving sector, IPACKCHEM is converting business reinforced through corporate governance and ethics and an open
opportunities into operations through more product efficiency and and constructive dialogue with its key stakeholders.
integration of new technological innovations (weight reduction, bio-
sourcing and recycling of raw materials, etc.). IPACKCHEM will focus on five themes to respond to its stakeholders’
main expectations.
In addition, IPACKCHEM will continue to expand its operations in new
geographical areas where customer demand of high-performance
plastic packaging is increasing.
In the future, IPACKCHEM will strengthen its sales and competitiveness Our sustainability wheel
and reduce its impacts through deployment of innovative solutions,
sharing of good operational practices and customer collaborative
approach.
Our 2021 strategic vision
Our contribution Environmental
The IPACKCHEM Group’s three-year strategy is divided into goals :
to Society management
Deploying our technological and innovative solutions 1
worldwide Good corporate
governance and
ethics
Pursuing our investment policy to improve our 22
Sustainable
manufacturing excellence Customer Product
innovation and
Stewardship
Dialogue with our sourcing
3 Key Stakeholders
Strengthening our international client portfolio
4
Fostering growth in emerging markets
Human capital
development
5
Ensuring business continuity at industrial sites
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2. GOVERNANCE AND ETHICS
In 2016, a broad-based initiative was launched to implement a proper
2.1 Corporate governance sustainability approach at the IPACKCHEM Group. As such a future
action plan will be implemented and a CSR report published. The
supervisory committee also agreed that the Group will join the UN
Strategy
Global Compact initiative. In 2017, IPACKCHEM’s CEO sent a letter to
endorse the 10 UNGC principles and committed to communicate on
IPACKCHEM commits to have responsible corporate progress.
management. Management Committee
The Management Committee is composed of Jean-Philippe Morvan,
Deployment CEO, and three senior management members, to provide leadership
to the organisation:
Corporate governance is at the heart of a company and is the
• Ensuring the effective management of the organisation
cornerstone of its responsibility as a company. Framed by law for • Monitoring its activities and reporting on the different activities of the organisation
better transparency, IPACKCHEM management, through business • Setting the strategic direction to guide and direct the activities of the organisation.
principles and management systems, maintains the interests of main
The Management Committee is in charge of the development,
stakeholders such as its business partners and its employees. The
coordination and reporting of responsibility work. To implement a
governance system of the IPACKCHEM Group ensures a balance
sustainability culture, a number of objectives have been set:
and a distribution of powers in order to guarantee efficiency and
• Develop the principles that guide IPACKCHEM’s corporate responsibility
overall performance. Corporate governance rules are defined to
• Steer and coordinate practical measures for deployment
ensure the effectiveness of board members. A formal follow-up of • Set the objectives for corporate responsibility work and monitor and support
their achievement
the attendance of the participants is in place and the minutes of the
IPACKCHEM GROUP
meetings of governance bodies of the company are recorded.
CEO
JP Morvan
Supervisory Committee
Quality & CFO Supply Chain & Plants
87% of the IPACKCHEM Group is held by private equity shareholders Technology Director General Secretary Industrial Director General Manager
(Sagard Partners mainly) and 13% of shares are held by the executive Dr. Simon Rollins Antoine Viguie Julien Cauberghs FR/UK/HU/BR/ZA/RU
management. The IPACKCHEM Supervisory Committee now includes
Industrial
six members and 17% of members are independent. Development Director
Olivier Deffrennes
Indicator 2015 2016 2017 2021 Goal
Country management
Independent Supervisory
25% 25% 17% 33%
Committee members The Management Committee has defined authorisation limits for
The committee meeting agenda is proposed in advance to the country managers to engage in any financial or business agreement
members and covers matters such as: strategic projects, investments (purchasing, sales, recruitment, bank loans…). All items above the
and approval of forecasted budgets. Board minutes are systematically limits require the group authorisation or require notification to the
circulated and approved by the members. group.
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2.2. Compliance, ethics and integrity
• Treat its customers, communities, suppliers, advisors, competitors
and employees with fairness and integrity
Strategy
• Identify, report, investigate and resolve any suspected non-
compliance, without threat of retaliation against the person
reporting in good faith.
IPACKCHEM commits to conduct its business
accordingly to applicable laws, sector regulations and In 2015, IPACKCHEM adopted a Business Ethics Programme to
companies policies. ensure that IPACKCHEM companies and their employees comply
with IPACKCHEM’s policies and all applicable legal requirements and
company policies. Knowledge of and compliance with competition
laws is of primary importance.
Deployment
The Business Ethics Programme is built on two principles:
IPACKCHEM has built a reputation as a company with a high sense
1. Each employee, working or acting on behalf of IPACKCHEM, must
of integrity and of fair play, by pursuing its tradition of being a
act ethically and legally.
responsible and ethical company. In all the countries where we
operate, IPACKCHEM’s employees carry out regulatory watch in 2. Each employee must report any suspected non-compliance
order to comply with all applicable laws, national and international incident, and may do so without fear of retaliation for making a
codes and conventions, industry codes of practice and local trade report in good faith.
laws and treaties.
Since 2016, a handbook gathering policies and codes has been
IPACKCHEM’s commitments to international declarations and distributed to employees.
conventions are included in the principles that the company
In 2017, the Business Ethics Programme was revised to enlarge the
endorses. The most important are:
scope of our ethical behaviour principles to all our value chain. The
• The UN Universal Declaration Principles on Business and Human
Business Ethics Programme is a common reference document for all
Rights
our managers and employees around the world as well as for all our
• The UN Guiding Principles on Business and Human Rights different stakeholders: customers, suppliers and contractors, host
• The International Labour Organisation (ILO) Tripartite Declaration countries, local communities, business partners and shareholders.
of Principles on the Fundamental Rights and Principles at Work Our business partners are expected to apply standards that are
• OECD Guidelines for Multinational Enterprises equivalent to ours, in particular towards their employees.
• The UN Global Compact initiative which principles
The revised Business Ethics Programme contains a broad range of
were endorsed by IPACKCHEM’s CEO in 2017
information and guidance about standards of corporate activity
• The UN Sustainable Development Goals. and responsibility. It does not address every situation or set forth
every policy, nor is a substitute for each employee’s responsibility to
IPACKCHEM acting through its employees and directors will:
exercise good judgment and seek guidance when necessary.
• Conduct its business in a responsible, ethical and lawful manner The spirit of the business ethics programme should be respected
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