Focus Areas

 

Accelerating our progress and expanding our positive impact on the world around us

Comprehensive Materiality Assessment Spotlights Focus Areas

Addressing the focus areas that are important to our Company and stakeholders is a key component of our sustainability strategy. In preparation for the reporting requirements of the European Union Corporate Sustainability Reporting Directive, we recently conducted a double materiality assessment to identify, prioritize and validate the Company’s most significant sustainability topics. We identified the following focus areas that have been incorporated into our sustainability framework – Circularity; Climate and Carbon; Data Privacy and Security; Environmental Remediation; Ethics, Integrity and Compliance; Occupational Health and Safety; Product Stewardship; and Talent Acquisition and Employee Engagement.

 

Our process included:

  • Background research from key sources across our industry peers, customers, investors and other stakeholders
  • Impact mapping of our value chain to identify key stakeholders and topic boundaries
  • Internal stakeholder interviews with executives and business unit leaders across our divisions and global teams
  • External stakeholder interviews with investors, customers, suppliers and nongovernmental organizations
  • Written source review for both internal and external evidence
  • Validation workshop with the Sustainability Steering Committee and other members of our executive team
  • Presentation of results to the Nominating and Corporate Governance Committee and full Board of Directors

 

Our approach ensured a wide-ranging set of contributions, synthesized through the lens of our most significant impacts and the influence on our stakeholders. Our board, members of our executive team and subject matter experts supported the completion of this process to inform the next stage of our strategy based upon the assessment results.



Our Focus Areas:


  1. Environmental Footprint

     

    Doing Our Part for the Planet

     

    We apply a continuous improvement approach to reducing our carbon emissions, energy consumption and waste generation while expanding our renewable energy use and decreasing the amount of waste generated by our operations.

  2. Product Blueprint

     

    Driving Sustainability Through Innovation

     

    We remain focused on enriching our Product Blueprint. Our Sustainability by Design program is a signature effort to intentionally consider sustainability attributes and circularity in our product innovation and development processes. This program enables us to evolve our products and processes to deliver and grow our portfolio of products with sustainability attributes.

  3. Social Imprint

     

    Elevating a Culture of Safety, Belonging and Community

     

    We invest in our employees and support them in their lives and careers. We also emphasize connections within our workplace and beyond by building relationships with the communities we serve. In these focus areas and every facet of our organization, our commitment to the health, well-being and safety of our employees is steadfast.

  4. Governance & Ethics

    Driving Broad Engagement and Appropriate Oversight

     

    A strong foundation of governance and ethics supports our sustainability framework. Our governance structure is designed to enable broad engagement and appropriate oversight across our Company.


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