We launched our formal sustainability strategy at the end of 2020 to bring together all our environmental, social and governance initiatives into one coordinated sustainability programme. We developed a new governance structure to support our objectives and a new set of targets to direct our efforts. The strategy was built on four pillars: our planet, our customers, our people, our communities and ten key areas of focus.
In 2021, despite the difficulties created by the COVID pandemic and operational challenges facing the business, we continued to build on our plans to deliver on our commitments. The evolution of key performance indicators illustrates the engagement of our teams around the world.
During the year we were very pleased to see our efforts and progress recognised. In particular, our MSCI rating progressed from BBB to A, and our Ecovadis rating progressed from silver to gold. Vesuvius was also honoured to be included in the Financial Times’ European Climate Leaders list.
2022 will be dedicated to consolidating and strengthening our sustainability plans. We will continue educating and engaging our employees at every level, detailing and implementing action plans to progress our strategy. Emphasis will be placed on building our roadmap to Net Zero and developing our support to our customers in their own sustainability journey.
The content of the Sustainability Report is primarily based on our materiality analysis, feedback from our internal and external stakeholders, and requirements of the UN Global Compact. We are committed to transparent and thorough reporting on our sustainability performance. We would welcome any input or feedback to: [email protected].
Vice President, Sustainability
Vice President, HSE & Quality