In 2018, our management systems, policies and practices were reviewed for the third time by the EcoVadis supply chain sustainability platform. The platform independently evaluates and benchmarks a company’s sustainability performance across environmental, labor and fair business practices. We were awarded Gold Medal status for the first time, ranking Innospec among the top 9% of all companies rated by EcoVadis in our sector.
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In 2018, we started the construction of a new laboratory facility at our R&T Center in Ellesmere Port, UK. The new facility will focus on finding solutions for our customer needs within the personal care, agrochemicals, construction and metal extraction industries. We have also expanded our laboratory facilities at our Regional R&T Center, Castiglione, Italy and recruited new personnel to ensure that we deliver the pipeline of new technologies that meet the needs of our Home Care customers.
Our Fuel Specialties business makes a donation to the German Association for the protection of Forests and Woodland for every liter of Ecotherm® Futur sold.
In September 2015, the United Nations adopted 17 Sustainable Development Goals (SDGs) that address the world’s most important economic, social and environmental challenges. Underpinning these goals are 169 associated indicators that are used to support their implementation and to monitor progress.
Many of our sites build close relationships with their local communities and provide ongoing support year after year. Below are a few examples of activities held in 2018, many of which were match funded by the Innospec Cares Program:
Each year, we aim to achieve a zero employee Innospec Reportable Lost Time Accident (IRLTA) Frequency Rate. As a minimum acceptable standard, our target is to continue to perform better than the industry average for the UK Chemical sector. At the end of 2018, we had an employee IRLTA Frequency Rate of 0.05 per 100,000 hours, which was significantly better than the industry average of 0.21 and an improvement on our 2017 performance of 0.14.
The Fuel Specialties employee engagement program has proved so successful that it is now firmly established as part of our way of working. With over 1,760 employee ideas and savings of US$3.2 million since it started in 2017, the program has demonstrated the innovative approach of our employees. The engagement process has also helped establish a culture of positive change where everyone takes responsibility for improving the business.
Supporting local charities and good causes is an important part of our responsible business strategy. As a global company, we take pride in our local approach, supporting the communities where we work and live. Our employees participate in a huge amount of community and fundraising activities throughout the year and Innospec is proud to support them.
Raising awareness of careers in science and industry is an important part of our responsibility to the next generation. Many of our employees spend time engaging with schools and educational centers, providing support and advice.
CDP (formerly the Carbon Disclosure Project) is a global disclosure system that enables companies to measure and manage their environmental impacts. Through CDP data, investors are better able to mitigate risk and make investment decisions that drive action towards a more sustainable world.
In 2018, 50 employee volunteers helped our Castiglione, Italy site open its doors to 600 visitors, including the local residents, the media and the authorities. The day opened with a conference providing an update on the latest remediation and safety activities on the site. A children’s entertainment area was made available while parents visited the plant and listened to the speakers.
Herne, Germany, maintained its carbon neutral status in 2018. The site commissioned an external consultancy to calculate the amount of GHG it generated. Following the survey, the site purchased 11,000 carbon certificates to offset the 2017 and 2018 energy usage. The purchase of these certificates supported two climate protection projects involving hydropower in Uganda and wind turbines in India. The site is now on its way to achieving carbon neutral status for 2019.