8 Dec 2020 15:36
8 December 2020
Â
ContourGlobal Publishes 2019 Sustainability Report
Commits to Carbon Targets
ContourGlobal plc has released its 2019 Sustainability Report (the "Report") outlining our approach to sustainability and describing our environmental, social, and governance performance. ContourGlobal recognizes the important role we play in climate change, and in particular the transition to a lower carbon world. Our values and business principles are aligned with the United Nations Sustainable Development Goals and Global Compact.
2019 Key Highlights:
§ Establishment of a CO2 intensity reduction target for 2030 and commitment to achieve net zero carbon emissions by 2050
§ Commitment to Target Zero for health and safety incidents and disclosure of our Lost Time Incident Rate of 0.03 for 2019
§ Representation of 60% women at the executive management level and promotion of two female plant managers
§ Investment of $2.3m in social projects with over 380k beneficiaries
"Our 2019 Sustainability Report reflects our reaffirmation of our core Sustainability Strategy but expanded and made more nuanced. It reflects our commitment to continuous improvement, the stress testing of COVID-19 and a broad strategic review of our sustainability commitments conducted during the preparation of the report.," said Joseph Brandt, President and CEO of ContourGlobal. "As in the past our Sustainability Strategy is based upon four key principles: to grow well, to operate safely and efficiently and minimize impacts, to manage our business responsibly and to enhance our operating environment. Nested into these four key principles are precise objectives that reflect our updated materiality risk assessment and include, for each objective, their impact, the metrics we use to gauge progress and the steps required for us to be successful."
To read the 2019 Sustainability Report, go to https://www.contourglobal.com/our-principles-values
Â
Â
Â