EVONIK ON THE WAY TO A MORE SUSTAINABLE FUTURE
At Evonik, we enable change. To do that, we go beyond what is known. We are convinced that only those who push the boundaries of what is possible can come up with solutions to the most important issues affecting our shared future. And that is exactly what we aspire to do.
At Evonik, we are driving forward the green transformation of industry and society. To do that, we have sharpened our innovation strategy. In the future, our research will be focused on three significant sustainability trends—bio-based solutions, the energy transition, and the circular economy.
At Evonik, we concentrate on innovations that improve people’s lives, reduce energy consumption, and conserve natural resources. Therefore, we work closely with our customers. Because that is the only way to make sure our products have the properties that give them the necessary competitive edge. And, at the same time, help create a more sustainable world—step by step.
EVONIK—WE GO BEYOND TO ENABLE TRANSFORMATION!
?size=1400;0 "Siemens Energy Elekrolyseur (Nutzung nur durch F-SUS-R)")
The core team behind the ESRS implementation at Evonik
This year, for the first time, Evonik published a combined Financial and Sustainability Report 2024 in accordance with the new European Sustainability Reporting Standards (ESRS).
In close cooperation, a ten-member cross-functional project team from the areas of financial accounting and sustainability mastered this project:
Dilan Sahin, Arne Rißmann, Michaela Hauberg, Stefanie Hallberg, Andrea Backhaus, Sylvia Grendel, Dr. Torsten Stojanik and Sabine Kuznik. Missing: Kathrin Beermann and Susanne Bünger.
The team was supported by numerous colleagues who contributed crucial content with their expertise in the development of relevant environmental, social and governance information.
Financial and Sustainability Report 2024
EVONIK ON THE WAY TO A MORE SUSTAINABLE FUTURE
At Evonik, we enable change. To do that, we go beyond what is known. We are convinced that only those who push the boundaries of what is possible can come up with solutions to the most important issues affecting our shared future. And that is exactly what we aspire to do.
At Evonik, we are driving forward the green transformation of industry and society. To do that, we have sharpened our innovation strategy. In the future, our research will be focused on three significant sustainability trends—bio-based solutions, the energy transition, and the circular economy.
At Evonik, we concentrate on innovations that improve people’s lives, reduce energy consumption, and conserve natural resources. Therefore, we work closely with our customers. Because that is the only way to make sure our products have the properties that give them the necessary competitive edge. And, at the same time, help create a more sustainable world—step by step.
EVONIK – WE GO BEYOND TO ENABLE TRANSFORMATION!
SUSTAINABILITY KEY FIGURES 2024
The following tables provide an overview of Evonik's most important company-specific key figures. They are structured according to the four ESRS thematic standards. The 13 key topics of Evonik are highlighted in color. Detailed information can be found in the respective chapters of the Sustainability Report 2024.
NEXT GENERATION SOLUTIONS
In this brochure, we would like to introduce you to selected products and solutions that are characterized by a distinctive sustainability profile: Evonik's Next Generation Solutions (NGS). We pay special attention to their "handprint".
We define handprint as positive sustainability impacts that Evonik products enable along the value chain compared with other established products and applications on the market. Often this positive contribution occurs downstream of Evonik’s production processes (i.e. in customer’s production processes or during consumer use). These products make a relevant contribution to a direct (measurable) improvement regarding one or more environmental and/or social indicators. This is reflected in a strong or weak positive rating in the Signal Category (SC) 5 (environmental and social performance compared to alternative solutions) of our Portfolio Sustainability Assessment (PSA).
This handprint reflects the material sustainability ambitions addressed in SC 3 that the PARC (Product Application Region Combination) is delivering on. During the annually conducted PSA, special attention is paid to revising the market reference as it might quickly evolve over time or the Evonik solution might even become the market reference itself (and would consequently have no more handprint as defined for the SC 5).
A handprint can be assessed qualitatively or (semi-)quantitatively (e.g. when the handprint is about a health benefit). Our goal is to increase the number of quantitative analyses, to gain deeper knowledge of our product benefits and transparency.
Evonik uses the Sustainability Accounting Standards Board (SASB) Content Index to provide structured information for investors on SASB-relevant topics. In the industry classification system provided by SASB, Evonik is assigned to the SASB Resource Transformation Chemicals industry standard. The SASB content index refers to Evonik’s sustainability report, which has been prepared in accordance with the European Sustainability Reporting Standards (ESRS).
Evonik also reports in accordance with the standards of the Global Reporting Initiative (GRI), which are the most widely used standards for sustainability reporting worldwide.
Awards and Accolades
ARC
Evonik's Sustainability Report 2023 was awarded honors in the "PDF" and in the "Microsite" category.
FOX
Our 2023 Sustainability Report won "Gold" at the FOX Award Finance.
LACP
2024 the League of American Communications Professionals (LACP) honored Evonik's 2023 Sustainability Report with the Vision Award in Gold.
Results:
Country-Based Honors: Top 5 German Reports
EMEA Region Rank: 4
Top 100 Worldwide Rank: 96
Responsible Care
In the Responsible Care national competition "Our sustainable and economical use of energy" of the German Chemical Industry Association (VCI), the Herne and Rheinfelden sites each achieved first place with projects on waste heat.
