Our main contribution to a more sustainable world centres around the products and services we provide to our worldwide customer base.
The areas where we can make the most telling contributions are:
- Resource scarcity: in today’s world, metals are in greater demand but are becoming ever scarcer. Umicore’s recycling capabilities recover more than 20 elements including precious and other metals.
- Clean air: worldwide efforts towards stricter emissions standards provide global growth opportunities in automotive catalysts, for both light- and heavy-duty vehicles.
- Vehicle electrification: the growing market for lithium ion batteries is driving demand for our rechargeable battery cathode materials.
Our key development projects which are linked to the trends above have the potential to achieve significant revenue growth. Our long-term goal is to generate an average return on capital employed of 15-20 %.
We engage with our stakeholders through effective and transparent communication. We believe that fostering a fruitful relationship with these stakeholders has a direct impact on our success. As part of our strategy we have developed two objectives related to our stakeholder engagement: sustainable procurement and engaging with the local community.
The Umicore Way incorporates a set of principles to improve our environmental performance. As a materials technology company active in the specialty chemicals sector, we have defined three environment-related objectives as part of our strategy: reducing our carbon emissions, reducing the impact of our metal emissions and improving our understanding of the life cycles and impacts of our products.
Great place to work
We strive to be a preferred employer for both current and potential employees. Our strategy includes challenging goals on safety (we seek to create a zero accident workplace), people development and workplace health.