umicore sustainability report

Our exposure score takes into consideration subindustry and company-specific factors such as its business model. Umicore has three business segments: catalysis, recycling, and energy & surface technologies. 889 611 278 241 241 500 600 278 370 278 333 556 556 556 556 556 556 556 556 /BitsPerComponent 8 |torFzF^/h]~dey-qp0wjo#KFL4FuF[$3m@MO9h[?E.Eo?X&qE9:wM-ijNcGe ws8x=9&LvM;r@sq!J|XvC~yUD8DEDBJR&;(a9&pBd/ `. Bm"`kUXA^m!Am\6 *hC i 3=uv;?3GsW8";ur`]W?6x)*d{*8*O;1A1]QUJ *8PFfgTF The report provides an integrated view of Umicores progress towards its Horizon 2020 goals of becoming a leader in clean mobility materials and recycling, doubling its earnings, bringing greater balance and focus to its portfolio and turning its sustainability credentials into a greater competitive edge. The hard work started to pay off demonstrated by a strong financial and non-financial performance. endobj Umicore's Management of ESG Material Risk is Strong. Umicore - the materials technology and recycling group has published its 2016 Annual report. Umicore - the materials technology and recycling group has published its 2016 Annual report. << [30], Battery Recycling is a second business unit, focused on the recycling of spent rechargeable batteries from laptops, mobile phones, and hybrid electric vehicles.[31]. ( ( The Umicore case shows how this company was decades ahead of its industry and managed to address both the operational and strategic issues of metals and mining by transforming towards a strong new player in the circular economy. Sustainalytics ESG Risk Ratings are typically updated once per year. (PEPEP0 ( ( ( ( J( ]c\RbKSTQ C''Q6.6QQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQQ V " We care about your privacy. /Parent 3 0 R endobj << /Encoding 14 0 R The copper and zinc businesses were divested and spun-off, and some large strategic acquisitions were made, among which Precious Metal Group, a leading global producer of car catalysts, and specialty chemicals company Hall. /op false /Subtype /Image

This impressive achievement was driven by strong underlying operational performance in all business groups and was further supported by an exceptional precious metal price environment. umicore The amazing business transformation of materials company Umicore. We unveiled our new ambitions and announced explicit targets for 2030 and beyond. $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? 4 0 obj Going through a global economic slump and a change of parent company during the 1990s, the merged organization was eager to make some big changes. (Q@(EPQE( (QE0 +(AES (b The company also constructed casting and smelting facilities,[9] eventually growing to such an extent that it represented around half of all revenues taken in by the Congolese government.

Approximately half of the total sales derive from Europe, but the company has a worldwide presence and capabilities to reach many different regions. The case does not represent the official views or position of Umicore or its management. /ccedilla /egrave /eacute 235 /edieresis 237 /iacute 244 /ocircumflex ] NYC Wants In-Person Dining Back. umicore Sorry, preview is currently unavailable. umicore (J( ( )(

This ensured the encapsulation of sustainability into the core of the Umicores activities. endobj umicore umicore Discover our metrics on 439 european stocks. [6], To symbolise this trend of moving away from mining and the production of commodities and base metals, the group Union Minire changed its name to Umicore in 2001. 2 0 obj umicore pmm Formed in 1989 by the merger of four companies in the mining and smelting industries, Umicore has since reshaped itself into a more technology-focused business encompassing such areas as the refining and recycling of precious metals and the manufacture of specialised products from precious metals, cobalt, germanium, zinc, and other metals. << >> /ItalicAngle 0 /Filter /FlateDecode umicore umi jongeren helpt jinc csrwire It offers a comprehensive and integrated view of our economic, financial, environmental, value chain and social performance for 2021. 128 /bullet /dagger 131 /ellipsis 133 /endash 141 /quotedblleft 12 0 R >> >> umicore seoul /StemH 53 umicore pmm EU Sustainable Finance Action Plan Solutions, Morningstar Sustainability Rating for Funds, Learn more about our Peer Performance Insights solution, Connect with us about an ESG Risk Rating License, Download our product brochure to learn about our product solutions. umicore consolidated umicore %PDF-1.7 Please read how your data is collected and processed in ourprivacy notice. [32], Umicore's third business segment, its largest in terms of revenue,[4] is composed of two subdivisions, Automotive Catalysts and Precious Metals Chemistry. The strategic assessment kickstarted a major renovation process. Our management score assesses the robustness of a company's ESG programs, practices and policies. One great example is Umicore;a company that emerged from the mining industry and found a way to stay ahead of the curve by taking the strategic challenges that the sector is facing head on. /Type /Font umicore It focuses on application areas where its expertise in materials science, chemistry and metallurgy makes a real difference. /Length 1602 !E?z/kNUAr#(( ( ( ( Bp2x,Zfm^ug}2+Sj" wB;Zu""#)su`t-%- QE QE QE QE U,e|g5i]Wcz6Uy#kju}laV~->n<=4H{nIyjvD 'r,}Ek9^8?hhH$sW7c5IwJ}+KO=d;gs;m:`"YMwe5!mD@. (PEP )QE QE1PEPE%QE QE0(AEPE%(QE QE0 We provide comprehensive, unconflicted research-only (no execution, no corporate finance) coverage of c. 462 European mid and large cap stocks. /Type /ExtGState It is ranked as one of The Global 100's "Most Sustainable Companies in the World"; in 2013 it was the top-ranked company and in 2014 it was in ninth place. 5 0 obj endobj umicore /Subtype /Image The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks. stream [9] With its more European focus, Union Minire began to grow its business again through the 1980s, initially largely organically. umicore umicore pressing Umicore today published its 2021 Integrated Annual Report. 9B0 3xbCh | Source: )-$cIse)l3&pH.oTj;5Q)~#.e_g]UJ Hx\NVnc6 9V'3G 9JNB]'~=PGzNA'8{lkd G#oID=x'8yGc}i5&,8)I41}@":YMe2? [24] The division also produces and markets products of germanium, both in compounds for doping optical fibres, semiconductor wafers and infrared optics. endobj Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. [29] Other sources of materials used for recycling include slag, spent fuel cells, automotive and industrial catalysts and scrap electronic equipment. ( %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz /FontDescriptor 15 0 R

Umicores industrial and commercial operations as well as R&D activities are located across the world to best serve its global customer base. 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals. umicore In automotive catalysts, a field in which the company had begun research in 1968,[33] the company ranks third in global market share[34] behind BASF Catalysts (formerly Engelhard) and Johnson Matthey. >> Emission or consumption per of capital employed on . } !1AQa"q2#BR$3br Where investors are keen to learn how companies plan to keep up with these long-term changes and trends, such as commodity prices, climate change and resource scarcity, companies tend to emphasize their performance on more operational topics such as environmental management and health & safety. The company divides its operations into four divisions: Energy Materials, Recycling, Catalysis, and Performance Materials. /MediaBox [ 0 0 612.283 790.866 ]

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[41] The germanium substrates in the car's solar cells were also provided by Umicore. Umicore increased its presence in the sector with the June 2007 purchase of the catalyst division of troubled American auto parts manufacturer Delphi for $55.6 million. /BaseFont /BKSIIA+HelveticaNeueLTStd-Lt We launched our Lets Go For Zero ESG strategy (Zero GHG emissions, Zero Harm, Zero Inequality) which was an important milestone in our long sustainability journey. umicore emissions ghg sourcing minimizing sustainable umicore [35] Furthermore, Umicore went on to acquire Haldor Topses heavy duty diesel and stationary catalyst businesses in 2017 [36]. umicore sustainability umicore investors /op true The Energy Materials division manufactures a range of specialised metal and metalloid products for industrial use, including fine metal powders for diamond and hard metal tools, as well as oxides and salts of cobalt, lithium and nickel for use in batteries, glass and ceramics. Umicore SA offers solutions to treat pollutants, metals, and other industrial materials. v#}mD7)0hl NH]g=]8y *h8fL4>wkPO ^

hello@finchandbeak.com umicore consolidated /SA false 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 519 500 519 /Descent -247 /Type /FontDescriptor Banks and lenders can use our ESG Risk Ratings and data as a part of a broader analysis of their clients as well as for innovative product solutions such as sustainability linked loans. Umicore is aiming for full disclosure on impact and value to society, with increased reporting, as well as expanded reporting framework use. ( Usage is permitted to the related "rated" company mentioning AlphaValue as a source. Initially the UMHK concentrated on mining the state's extensive copper deposits, before diversifying into cobalt, tin, uranium (in which it at one point held a near-monopoly in global supply) and other precious metals. (PEPEPEPEP0(( (QE QE RQ@Q@Q@SQE(`QE QE (EPEPEP0(( ( umicore refining ingredient Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry. /Ascent 712 Recycling solutions apply to battery components, metals, platinum engineered materials, and other applications. 574 315 481 296 537 463 741 481 463 463 500 500 500 600 500 500 556 500 1000 /CropBox [ 0 0 612.283 790.866 ] >> umicore sustainability {n8@`]IU gKzcDdb|6_=mRiix.?aR|J2Sa)&CH&)T'Y0+ybWBwmlJaH;DVqUl?#W$$C2;]gU?_IGQlt@#vv*Z/Q~~MR6a*qk]%n /LastChar 244 The JV will be a contributor to the ambitions of the European Green Deal, including the establishment of a European sustainable battery supply chain. endobj /Producer (pdsplit 4.8.25.2 \(pdf-tools.com\)) /Widths [ 278 500 500 500 500 500 500 500 500 500 500 500 500 500 500 500 17 0 obj Surprisingly, they found little agreement on the top issues concerning strategic direction between both.

@ XDep-~ao~DFJvY`U#3%\3|@&ZoNnN"xZZ5e{E_1xIW1($UrvYVmZ-3Fb2&F!bM?$?H?&^/n[d6O z9X:$KJgr=>Y`8b_unm&JRa))NX0Ga/ C9pepj|T]s;$VF5,y kL2;]1Zm(CAfTx2LnFB L Management refers to how well a company is managing its relevant ESG issues. /ToUnicode 16 0 R /ColorSpace /DeviceRGB $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? 7 0 R /F6 8 0 R >> /Shading << /Sh6 9 0 R /Sh7 10 0 R /Sh8 11 0 R /Sh9 umicore umi jongeren helpt jinc csrwire Copyright 2022 Sustainalytics. /OPM 1 w !1AQaq"2B #3Rbr << 1 0 obj For more information, visit the Umicore website or contact Nikkie Vinke directly in case you are lookingfor sustainable innovation within your organisation via nikkie@finchandbeak.com or call +31 6 28 02 18 80. umicore investors Addressing its historical legacy and showing pro-active environmental management leadership, Umicore embarked on a massive site-remediation, a sizeable 174 million investment spread across major sites in Flanders, Wallonia, Bulgaria, the Netherlands and France. umicore [26] Umicore is the world's largest recycler of precious metals. [13] The much enlarged company was initially renamed Acec-Union Minire[13] (although the prefix was dropped in 1992)[14] and subsequently set about streamlining its organisational structure, but the global economic downturn of the early-to-mid-1990s hit profits[9] and forced management to implement a major restructuring programme in 1995. By way of exception, usage is permitted only to the rated company, limited to a single reference of its own information in annual reporting and sustainability website, mentioning Sustainalytics as a source.

?Y;j}.HQ|58:UI>280\8PUZ,/ . In December, we have announced with Volkswagen AG our intention to create a joint venture for the production of precursor and cathode materials in Europe to supply Volkswagen AGs European battery cell production. 556 556 278 278 600 600 500 500 800 630 667 704 685 593 537 741 704 222 500 /SA false /OP false /FontFile3 17 0 R N2gZv>'=v4@r-xH7n*SoJj(T2;M?W6/2?w]QgJ6P

w !1AQaq"2B #3Rbr >> umicore _`X30|Fm u)v>eH{`6t|!Yfo4wEdfAGuORk*kzZmPk?i VIXti08#5RNy!T5Gbv5Q";cvU_`C.#3|)KW1Xacpt-`42Mis1dx2Dz4M`0iy"JLD)*5vgy`|\+:A%HAFEwyYIZHq {0[a6f ,{D ^x{I;9al\U$f;nn:j-;k(1ei6:LK\7 kj>UzG[M. umicore endobj /Flags 4 /FontBBox [ -166 -214 1050 967 ] Its activities are organised in three business groups: Catalysis, Energy & Surface Technologies and Recycling. umicore ( xXy\WaQaNE (9"r)"c@99$A 1K\4cttQ`(w|6o^7UQNL&>!a/JYqcc ;\T;HL!3n-qp&o&(%e12PR??p^yQ9!CHhcg March 25, 2022 09:00 ET umicore newsroom The company has been a component of Belgium's benchmark BEL20 stock market index since its 1991 inception. >> ( umicore ( To browse Academia.edu and the wider internet faster and more securely, please take a few seconds toupgrade your browser. BT8A"(*SQXj"GM&S*J%RIT2BRT.OPT1UFmJ- ]e_~q4))iI9/_%?s^Co7%*AEbbRST[{z5^6]5uIz[;wqog~n{{vK$]Z_}s*nuy@FZrXild-*n2G3}IwCgFi e-f1_m~\G#'2J. umicore stewardship expenditure development umicore 15 0 obj The choice was made to only retain business areas that (1) had the possibility to be among the top 3 players in the world, (2) enjoyed clear, long-term competitive advantages, and (3) could embed social and environmental responsibility objectives. [42], Multinational materials technology company, "Umicore announces Mathias Miedreich to succeed as CEO", "INM seeking exploratory talks over legal claims following data breach", "Umicore (UMI.BR) stock price, revenue, and financials", "Euronext Brussels BEL 20 - Historical composition", "The Name is New but the Commitment Remains", "Union Miniere Values Its Assets Seized by Congo at $800-Million", "Congolese to Pay for Seized Assets; Kinshasa Reaches Pact With Union Miniere of Belgium", "Significant improvement of the current profit", "Diamant Boart, a subsidiary of Union Minire, to be acquired by Candover", "The World's Most Sustainable Companies Of 2014", "Umicore is awarded the Fray International Sustainability Award in Mexico", "Umicore human rights guidelines for mining operations", "Rising wood prices hit Europe's papermakers", "Raw Materials Refining: Industrial By-Products", "Umicore Address Book: Precious Metals Refining", "Umicore discovers the catalyst for growth", "Umicore acquires Delphi's automotive catalyst business for 55.6 mln usd", "Umicore to acquire Haldor Topsoe's heavy duty diesel and stationary catalyst businesses", "Dutch solar-powered car, Nuna4, shines in Outback race", https://en.wikipedia.org/w/index.php?title=Umicore&oldid=1085945819, Multinational companies headquartered in Belgium, Articles needing more detailed references, Articles with dead external links from May 2019, Articles with permanently dead external links, Articles with dead external links from July 2018, Articles with dead external links from January 2022, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, Building Products (the production of zinc-based items for the, This page was last edited on 3 May 2022, at 09:07. (QL((! In a more pro-active and open manner, Umicore applied corporate communications to display its good practices. In addition to the report being produced in accordance with the GRI Standards Core option, Umicore has begun reporting against SASB, the TCFD and the WEFs Stakeholder Capitalism Metrics. ( /ampersand /quotesingle /parenleft /parenright 43 /plus /comma /hyphen /CapHeight 727 ( The need for cleaner air has never been greater, the adoption of electrified transportation has started to accelerate and resource scarcity continues to be a pressing concern, particularly for those metals that are essential for cleaner mobility and new communications technologies.Marc Grynberg, Umicore CEO, Umicore Publishes Integrated Report 2016: Elements for Success. There are five business units: It also comprises a 40% shareholding in Element Six Abrasives, a joint venture with De Beers. stream /TrimBox [ 0 0 612.283 790.866 ] umicore advocacy %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz At 9 February 2011, five institutions had declared holdings of 3% or greater in Umicore: the company itself in treasury stock (6.19%), Fidelity International (6.75%), BlackRock (8.33%), Ameriprise Financial (3.00%) and Fidelity Management and Research (3.22%). The team finished in second in the 2007 race. GROUNDING THE BLUE OCEAN STRATEGY ON TECHNOLOGICAL INNOVATIONS AND NETWORK EXTERNALITIES, Exploration of qualitative success factors of innovative e-business startups: blue ocean strategy versus dynamic capabilities, TRANSFORMING THE NATURE AND SCOPE OF STRATEGY FORMULATION: A LONGITUDINAL STUDY MEASURING THE EFFECTS INDUSTRY CLOCKSPEED BENCHMARKING HAS ON BLUE OCEAN STRATEGY, Reviewing the Blue Ocean Strategy Is the Blue Ocean Strategy valid and reliable, THE SCARCITY OF NATURAL RESOURCES AND ITS ORGANIZATIONAL IMPLICATIONS: A REVIEW AND CONCEPTUAL FRAMEWORK, Design Driven Innovation as a Differentiation Strategy -in the Context of Automotive Industry, Circular Economy: The Beauty of Circularity in Value Chain, Creating Firm, Customer, and Societal Value: Toward a Theory of Positive Marketing, Integrating The Business Model Puzzle: A Systematic Literature Review, [Fons Trompenaars, Piet Hein Coebergh] 100+ Manage(z-lib.org) (1), Working Paper Systemic Context Variation v 2.0 (04/2014), Da Vinci 3.0. (Q@PEPEPEPE%( ( ( ( J( umicore sustainability umicore ( << Umicore is a global materials technology and recycling group. ( /period /slash /zero /one /two /three /four /five /six /seven /eight /nine It generates the majority of revenue from cleaning technologies, including emission control devices, components for rechargeable batteries, and recycling solutions. /Rotate 360 [40], The company serves as title sponsor of the Agoria Solar Team[nl], the Leuven-based entrant in the 2005, 2007 and 2009 editions of the World Solar Challenge, a solar-powered car race through the Australian Outback. /Type /ExtGState We have already made significant progress in preparing Umicore for its next chapter of growth and are further strengthening our competitive leadership positions in the different value chains. Our approach is based on analytical items contributing to the E, the S and the G, that can be highlighted as sustainability precursors and can be combined in an intellectually acceptable way. !(!0*21/*.-4;K@48G9-.BYBGNPTUT3? !(!0*21/*.-4;K@48G9-.BYBGNPTUT3? The case was prepared as a basis for class discussion rather than to illustrate either effective or ineffective handling of a business situation. 14 0 obj Umicore N.V.. formerly Union Minire, is a multinational materials technology company headquartered in Brussels, Belgium. /Filter /DCTDecode umicore [18], Umicore now "generates the majority of its revenues from clean technologies, such as recycling, emission control catalysts, materials for rechargeable batteries, and photovoltaics". +31 6 28 02 18 80. umicore (Q@Q@QLJ( (QE(`QE RQ@Q@QL(0( ( )QIE QE0 Exposure refers to the extent to which a company is exposed to different material ESG issues. The companys first integrated annual report was released in 2007, combining both financial and non-financial information. >> At the same time, we are developing the strategic directions for Umicore towards 2030 and will be sharing these with our stakeholders at our upcoming Capital Markets Day on 22 June. However, scoring and qualitative assessments can be updated more frequently due to events assessment changes and corporate governance assessment changes, which are updated according to more frequent and different update cycles. ==p;Q#ST`-=^.Z$y{`). The ESG Risk Ratings can help investors to identify, understand and manage ESG risks at the security and portfolio level with the aim of improving the long-term performance of their equity and fixed income securities. umicore pressing Founded in 2007, AlphaValue is the world's leading provider of Independent European Equity and Credit Research. Visit our dedicated reporting center:http://annualreport.umicore.com/home/The past year has shown clear evidence that the three megatrends that drive the growth of our business are becoming more pronounced. Leverage Sustainalytics' ESG Risk Ratings to understand and promote your corporate ESG performance with internal and external stakeholders. >> << N69Y\t:PV, ,U,?pStYS!c^D: >> /N /O /P /Q /R /S /T /U /V /W /X /Y /Z 95 /underscore 97 /a /b /c /d /e /f sustainability umicore << )((EPESQE QE%Q@QL(( (`QE endstream Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues. endobj umicore emissions ghg sourcing minimizing sustainable 500 500 500 500 500 500 500 500 500 500 500 500 500 500 278 500 500 556 556

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umicore sustainability report