Armacell Sustainability Report 2019

Sustainability Report 2019

Our vision is to be the global leader in providing innovative technical insulation solutions and components to save energy and make a difference around the world.

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Letter from the CEO

Sustainability is embedded in our everyday work. Armacell has identified several areas of commitment covering various topics of importance to us in sustainably running our business for our customers, employees, shareholders and other stakeholders.

Our Commitment to the 2030 Global Sustainability Agenda

We are committed to three Sustainable Development Goals (SDGs) that are linked to our business. Several topics, such as gender equality and quality education, are universally applicable. Beyond these universal responsibilities, we focus on the goals where our business activities can have the biggest impact. In future, we will be defining the goals we want to reach by 2030 as our contribution to the SDGs.

Driving Growth – Product quality and innovation

In 2019, we continued to invest in product quality and innovation. Consistent raw material quality and processes, our World-class Armacell Mindset (WAM) program, product testing and plant certifications ensure compliance with the highest product standards. Our innovations deliver solutions in response to global megatrends: development of flexible foam systems preventing corrosion under insulation, development of green structural core foam from recycled PET bottles, and use of alternative raw materials.

Employees First – Prioritising health, safety and training

We create safe and healthy working environments for our employees, so they go home to family and friends as fit and well as they arrived at work. We are dedicated to developing the capabilities and competencies of our people through internal and external training programs. We are committed to ethical behaviour based on our Code of Conduct and global anti-corruption, anti-money laundering and sanctions policies. People matter to us.

Protecting our Planet – Saving resources and enhancing energy efficiency

Armacell products and solutions improve the management of finite resources by reducing energy consumption and CO2 emissions. We give waste plastic bottles a second life and convert them into long-lasting, high-value foam core materials. 15 of our plants operate environmental management systems certified to ISO 14001:2015 or ISO 50001:2015.

Fostering Communities – Donating time and energy around the world

In well over a hundred countries that Armacell operates in, our employees are working to improve the quality of life in their local communities. Through their volunteering activities, which the company facilitates and encourages, Armacell employees are primarily helping and caring for children and the elderly or supporting cancer charities.

Armacell Worldwide