ADDRESSING SAFETY INCIDENTS AND IMPROVING EMPLOYEE SAFETY Whi le we strive to achieve a strong operational per formance wi thin safe work env i ronment s , unfortunately incidents do occur. In 2021, we suffered two work-related fatalities in Texas in the U.S. and in Egypt (a contractor) while another employee was permanently disabled. Mitigation and enforcement actions were undertaken immediately at both facilities to improve employee safety together with additional training. Two of our facilities experienced fires, and proper reporting and response procedures were immediately followed in both instances. We carried out a detailed investigation of each incident and undertook mitigation actions, while lessons were shared across IVL. Regretfully, there were a total of 16 pandemic-related employee deaths last year, up from seven in 2020. CULTURE OF LEADERSHIP AND SUCCESS As a signatory of the UN Global Compact, we support its 10 principles and promote its core values to showcase our collective work as part of the international business community and to demonstrate our leadership in taking effective action. We are also playing a constructive role in achieving the U.N.’s Sustainable Development Goals (SDGs). Last year, we achieved sustainability recognitions from DJSI, CDP, MSCI, EcoVadis, Sustainalytics, Stock Exchange of Thailand and FTSE4Good, among others. A FUTURE OF NEW VALUE CREATION We are building sustainability across all our businesses while our colleagues work diligently towards making IVL a future-ready organization. The past year has demonstrated IVL’s efforts insustainabilityandpromoting a more circular economy by increasing our presence in recycling and working more closely with stakeholders to invest inour people and theplanet through innovation and product development. As we go forward, developing our people is a top priority. Succession planning is critical to long-term success, and wemust recruit, train, and promote outstanding leaders with the correct ‘growth mindset’. We will include more bio-based feedstock into our goods, with an aim of investing US$ 4.7 billion for bio-based feedstock consumption and a target to achieve our target of 16% bio-based feedstock consumption against the whole IVL feedstock target by 2030. We will also focus on our segment strategy to allow each of our three segments to reach their full potential. Finally, digitalization of our business is a vital component of change. We would l ike to acknowledge our employees, stakeholders, business partners and associates for their cont inued suppor t in mak ing 2021 a year of accomplishment. 11 SUSTAINABILITY REPORT 2021 DILIP KUMAR AGARWAL Chief Executive Officer and Chief Financial Officer Member of Sustainability and Risk Management Committee Responsible Business and Effective Governance Driving Sustainable Value Creation and Growth Towards Net Zero Carbon Empowering Our People and Communities Global Performance Data GRI Standard Content Index
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