EuroChem

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.

Water
The company reports a decrease in water pollution.

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

Act ethically
The company is committed to protecting personal data and makes this commitment public. To ensure transparency, the company discloses a privacy statement on how personal data is used. Moreover, the company has a strict policy in place that prohibits bribery and corruption. To address any concerns or complaints related to bribery and corruption, the company provides stakeholders with a grievance mechanism. Lastly, the company explicitly states that it does not make any political contributions.

Provide and promote decent work
The company has a publicly available policy statement in which it commits to respecting the health and safety of workers.

Respect human rights
The company indicates it has a human rights grievance mechanism accessible to all workers and external stakeholders.

Lobbying
The company has an opportunity disclose a list of trade associations of which it is a member. Addtionally, it has an opportunity to disclose a clear and detailed framework for assessing alignment of its trade associations with its sustainability targets and to report (potential) misalignments.

Stakeholder engagement
The company does not disclose how it engages with stakeholders, nor the issues it raises during such activities.

Sustainability strategy and accountability
The company has an opportunity to disclose group wide targets on key sustainability topics for the most material parts of its value chain and report consistently against all its targets. Additionally, while the company states it has a sustainability department, it has an opportunity to disclose having persons, teams or committees who are responsible for the implementation of its sustainability strategy beyond climate and health and safety and assign decision-making and oversight responsibility for its sustainability strategy including social elements beyond health and safety. Furthermore, it could link performance criteria in senior executives’ remuneration policies to targets and objectives which cover nature, including biodiversity, and social issues. Lastly, the company could improve its transparency by disclosing whether its highest governance body has expertise with respect to the company’s most material sustainability topics.

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.

GHG emissions
The company should set time-bound targets to reduce its scope 1, 2 and 3 greenhouse gas emissions as well as report progress against them. Crucially, the company needs to reduce its scope 1,2 and 3 emissions and its targets need to align with a 1.5-degree trajectory.

Impact and dependencies assessment
The company has an opportunity to disclose assessments of its impacts on nature, including biodiversity, within its own operations and in its supply chain. It also has the opportunity to disclose its dependencies on nature within its own operations and upstream business relationships.

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

Key areas and species
The company has an opportunity to disclose locations within or adjacent to areas important for biodiversity, both in its own operations and its supplier locations. It could also disclose existing species populations existing in or adjacent to both its own and its suppliers’ locations, as well as the conservation status of species identified at its own sites according to national and international lists.

Resource exploitation and circularity performance
The company has an opportunity to disclose its inputs according to an international standard, and to report quantitatively on its group-wide circularity performance. The company also has an opportunity to disclose activities to improve soil health or agrobiodiversity in its production or sourcing practices, to disclose a target to improve soil health in its production or sourcing practices and to report progress against it.

Solid and air pollution
The company does not disclose relevant information related to pollution in its operations or supply chains.

Water
The company does not disclose relevant information related to water withdrawal or rights to water in its operations or supply chains. It has an opportunity to improve on its disclosure on water pollution by disclosing water pollutant metrics and setting time-bound targets to reduce them.

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.

Safe, clean, healthy and sustainable environment
The company has an opportunity to commit to respecting local communities’ right to a safe, clean, healthy and sustainable environment, and to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders. Moreover, it should track its actual or potential negative impacts on the health of local communities.

Act ethically
The company has an opportunity to disclose a policy on bribery and corruption, and include anti-bribery and anti-corruption clauses in its contracts with business relationships. It could also disclose its processes for identifying and addressing bribery and corruption, along with implementing a grievance mechanism for stakeholders to raise related complaints. Additionally, the company could disclose its approach to lobbying and political engagement, specifying that it does not make political contributions and divulging its lobbying expenditures.

Provide and promote decent work
The company has an opportunity to disclose a policy commitment to respecting the health and safety of workers across both its operations and supply chain. Moreover, it could strengthen this by presenting evidence of its monitoring of suppliers’ adherence to health and safety standards.

Furthermore, there’s room for the company to enhance its transparency by revealing a time-bound target for paying a living wage for all employees. It is also essential to provide the clarification of the living wage determination process in various operational regions. Additionally, the company could illuminate its collaboration with suppliers to ensure the implementation of living wage practices.

Simultaneously, the company could take a significant step by committing to gender equality and women’s empowerment. To reinforce this commitment, it could disclose related targets while showcasing the representation of women on its highest governance body.

Respect human rights
The company has an opportunity to disclose a policy statement that explicitly pledges to respect human rights. Currently, it has a publicly available policy statement that commits to respecting specific workers’ rights. However, there is an opportunity for the company to reference all the fundamental rights at work outlined by the ILO. Furthermore, the company has the chance to disclose a policy statement that expects its suppliers to also respect these fundamental rights at work.

Moreover, the company has an opportunity to outline a process for identifying human rights risks in various locations and activities. It could also explain its process for assessing and identifying what it considers to be its most significant human rights issues.

Finally, it is recommended that the company discloses a global system that it has in place to take action on, prevent, or mitigate its most significant human rights issues.