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Sustainability

Our business can only succeed if our communities thrive. We must work together with industry, governments and civil society to address diverse social and environmental challenges and create shared value. To do so, we support the UN Sustainable Development Goals (SDGs), the blueprint for people, the planet and prosperity.

We are ramping up our approach to sustainability, developing new governance structures and strategy. In addition, we have set ourselves our first sustainability targets to 2025 and made commitments to the UN Global Compact and other important initiatives.

As our business expands globally, we aim to maximise the positive impacts we bring and minimise the negative. Given our industry leadership, we have a responsibility to demonstrate leadership in sustainability, too.

 

Our material issues

We focus on the key issues for our stakeholders and our business. These were identified through stakeholder engagement and media analysis, building on our most recent materiality assessment. These issues include:

  • Energy and climate
  • Other emissions
  • Waste and recycling
  • Health and safety
  • Diversity
  • Community investment
  • Ethics and governance

We engage with local stakeholders, too. Working with local government and communities, we support initiatives that promote community development and environmental protection. Our Indian operations in Andhra Pradesh were recognised as one of the best local corporate participants in the Smart Village – Smart Ward programme which promotes inclusive and sustainable development.

 

Our targets

In 2018, we defined our first set of sustainability targets. As we evolve our sustainability programme, we will set more far-reaching targets.

MILESTONES & 2025 TARGETS (Compared to a 2018 baseline)

CO2 emissions

Reduce by 10% per tonne by 2025

Start submissions to the CDP

Energy

Reduce by 5% per tonne by 2025

NOx and SOx emissions

Reduce by 30%, starting with China by 2021

Recycling

Increase use of secondary raw materials to 10% by 2025

Establish first dedicated recycling facility.

Water

Conduct water risk assessment at each plant

Safety

Maintain Lost Time Injury Frequency Rate below 0.5 (Goal: zero accidents)

Transition certified sites to ISO 45001 by 2020

Diversity

Increase women on our Board and in senior leadership to 33% by 2025

Launch new initiatives to address gender diversity

Ethics and Governance

Code of Conduct – Expand global training

Supplier code of conduct – Build oversight and transparency

Launch new human rights strategy

Community

Develop strategic, impact-focused programmes and partnerships to match our growing global business by 2025

Our Sustainability Governance

Our governance bodies oversee our sustainability agenda.

  • Our new Sustainability Steering Committee comprises senior management and is responsible for developing and implementing sustainability strategy.
  • At Board level, the new Corporate Sustainability Committee reviews progress on a quarterly basis.

These committees drive progress on our key issues, setting targets and reviewing performance. They also work to embed sustainability throughout our business.

Integrated management system

The Company has developed an integrated management system which covers environment (ISO 14001), occupational health and safety (OHSAS 18001) and quality (ISO 9001). Following the merger, we have integrated all existing systems throughout the Group and will transition to the new ISO 45001 by the end of 2020. In 2018, a major focus of our quality management programme was customer satisfaction. We expanded the KPIs and tools we use in our drive to meet and exceed customer expectations.

RHI Magnesita IMS Policy: EN (PDF)
RHI Magnesita ISO 14001 (2015): EN (PDF)
RHI Magnesita ISO 9001 (2015): EN (PDF)
RHI Magnesita ISO 50001 (2007): EN (PDF)
RHI Magnesita OHSAS 18001 (2007): EN (PDF)

 

External initiatives

We have signed the UN Global Compact, the world’s largest corporate sustainability movement, signaling our commitment to support the UN Sustainable Development Goals. In addition, we have pledged to integrate the principles of the Global Compact in the areas of human rights, labour rights, environment and anti-corruption into our business strategy and operations.

Other important initiatives help to guide our approach. For example, we are members of Transparency International, the global anti-corruption movement, and the LBG network, the global standard for measuring and managing corporate community investment.