Sustainability is a core element in our corporate claim “Power to create.” Our products and solutions are used in many areas that help to improve people’s lives and minimize the use of scarce resources.
Transparency in sustainability reporting Transparent and open reporting of our sustainability activities is
important to us. The information channels provided for this include our “Responsibility” website, which was redesigned in 2017, our extensive Sustainability Report, and, for the first time, a separate non-financial report. In addition, we are rated by prestigious rating agencies: Evonik is positioned among the leaders in the chemical industry in significant sustainability ratings and is included in major sustainability-oriented index families. We received many accolades for our sustainability activities and sustainability reporting in 2017. That recognition is an additional incentive for us to extend our commitment to sustainability.
We are therefore increasingly focusing our innovation pipeline on products for applications that make efficient use of resources. Our market-oriented R&D plays a key role in improving the ecological footprint of our customers still further and differentiating us from our competitors.
IInclusion in important sustainability indices
Evonik has established itself among the leaders in the chemicals sector in renowned sustainability ratings and indices such as the Dow Jones Sustainability Indices (DJSI) World and DJSI Europe, ISS-oekom, Sustainalytics, and the MSCI. It is also represented in a range of SRI funds and sustainability-oriented index families. This good positioning shows that the capital markets reward Evonik’s commitment to sustainability.
German Sustainability Award 2016
Evonik’s innovative capability is also shown by the German Sustainability Award 2016 in the research category, which went to a Creavis project. In collaboration with Process Technology, Creavis developed a new production process for thermoelectric generators (TEGs) to utilize exhaust heat. The process reduces production costs by up to 70 percent. TEGs can help improve fuel economy in vehicles by enhancing the efficiency of alternators. In the steel, aluminum and glass industries TEGs can harvest heat radiated by semi-finished products and exhaust gas systems.