Arkema

Stakeholder engagement
The company discloses how often and through which channels it engages with various stakeholder groups. The company discloses an overview of the issues raised during its stakeholder engagement activities.

Water
The company has targets to reduce water pollution and reports progress against them.

Solid and air pollution
The company discloses the proportion of hazardous waste treated to reduce pollution compared to total waste, the hazardous waste diverted from disposal and the waste directed to disposal. The company has time-bound targets to reduce air pollutants across the most material parts of its value chain. The company reports regularly against these targets.

No leading practices were identified in the social inclusion and community impact area.

Sustainability strategy and accountability
The company discloses its process for identifying and prioritising its most relevant sustainability impacts as well as the outcome of this process, in relation to its sustainability strategy. While the company has group wide targets on key sustainability topics such as climate and water, it does not provide evidence to cover the most material parts of its value chain. The company reports consistently against all its targets. No evidence was found that the company links performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues. The company does not disclose whether its highest governance body has expertise regarding nature-related topics.

Lobbying
The company discloses a list of trade associations of which it is a member wherever it operates. The company does not disclose a clear and detailed framework for assessing alignment of its trade associations with nature-positive policies. The company does not report (potential) misalignment between the lobbying activities of its trade associations and nature-positive policies.

Impact and dependencies assessment
The company has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies.

Key areas and species
The company does not disclose key species or areas important for biodiversity affected by its operations or suppliers. It has an opportunity to increase its transparency.

Ecosystem conversion and restoration
No evidence was found regarding the company’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.

Resource exploitation and circularity
The company does not disclose its inputs, including its material footprint. While the company reports on the percentage of sales covered by a lifecycle analysis, no evidence that the company reports quantitatively on its group-wide circularity performance (e.g. circular material productivity) could be found in the public domain. The company does not disclose efforts to improve soil health.

Water
The company demonstrates it is reducing water withdrawal in its own operations. The company does not disclose a time-bound target to reduce water withdrawal across its own operations. The company does not report how much water is withdrawn for its own operations in water-stressed areas. The company does not engage with suppliers to reduce water withdrawal. The company reports a decrease in water pollution. The company does not disclose its processes for managing and monitoring discharge water quality. The company regularly reports on water pollution. The company does not disclose a commitment to respect the right to water. The company does not disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.

Solid and air pollution
The company is not reducing the production of hazardous substances. The company does not commit to avoid developing or marketing new chemicals or products with SVHC (substance of very high concern) properties. The company is reducing the production of hazardous waste. The company is not reducing plastic use and waste in its own operations. The company does not report on the amount of plastic waste generated and proportions directed from or to disposal. The company reports regularly on air quality parameters of emissions of harmful air pollutants.

GHG emissions
The company is reducing its scope 1 and 2 greenhouse gas emissions. The company has a time-bound target to reduce its scope 1 and 2 emissions. The company reports progress against its scope 1 and 2 emissions target. The company’s scope 1 and 2 emissions target is not aligned with a 1.5-degree trajectory. The company is not reducing its scope 3 emissions. The company has a time-bound target to reduce its scope 3 emissions. The company does not report progress against its scope 3 emissions target. The company’s scope 3 emissions target is not aligned with a 1.5-degree trajectory.

Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Safe, healthy, clean environment
The company does not show if it is committed to respecting local communities’ right to a safe, clean, healthy and sustainable environment or to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders.

Indigenous Peoples’ and land rights
The company does not show if it is committed to respecting Indigenous Peoples’ rights or Land rights of local communities.

The company describes the process for identifying its human rights risks and impacts in specific locations or activities covering its own operations. The company describes the process for identifying human rights risks and impacts in its business relationships.  The company describes its process for assessing its human rights risks. However, it has an opportunity to disclose what it considers to be its salient human rights issues.  The company describes its global system to take action to prevent, mitigate or remediate salient human rights issues, and this includes a description of how its global system applies to its supply chain. The company provides a case study describing how it has acted on a salient human rights risk issue.   While the company discloses the categories of stakeholders it engages with generally on sustainability issues, it is not clear if these stakeholders are those whose human rights have been or may be affected by its activities. There is no evidence that the company provides examples of its engagement with stakeholders whose human rights have been or may be affected by its activities.

The company has a publicly available policy statement which shows it is committed to respecting the health and safety of workers.  The company has a publicly available policy statement which shows it expects its suppliers to commit to respecting the health and safety of their workers. The company states that it is committed to pay salaries offering decent living conditions with respect to local living standards. However, it does not specify if the salaries are enough to cover decent standard of living for a worker and his or her family. There is no evidence that the company describes how it determines a living wage for the regions where it operates. The company describes how it works to support the payment of a living wage by its suppliers. The company discloses the proportion of total direct operations workforce that are part of a union by region. However, it does not disclose the proportion of its total direct operations workforce covered by collective bargaining agreements. While the company states that it encourages its suppliers to respect employees’ right to freedom of association and the right to collective bargaining, it has an opportunity to describe how it works to support the practices of its suppliers in relation to those.

While the company has a publicly available tax strategy in its Universal Registration Document, there is no evidence this strategy is found in a formal document approved by the highest governance body. The company states that it has put in place a business compliance and ethics program which primarily covers anti-corruption laws, defines and describes guidelines, procedures and risk management processes applicable throughout the Group. The company includes anti-bribery and anti-corruption clauses in its contracts with direct business relationships.  The company outlines its approach to lobbying and political engagement but does not formalise this approach in a public policy document. The company specifies that it does not make political contributions.