Group Social Objectives 2006-2010
Umicore has established five Group social objectives for the period 2006-2010. These objectives are in line with “The Umicore Way” and support, together with the Group environmental objectives (pages 45-51), Umicore’s Sustainable Development ambitions.
These objectives promote continual improvement in the company’s performance on social aspects that are material to the Group. Since these objectives build upon the performance achieved during the previous years, they offer the sites the flexibility to contribute at their own pace to the overall targets set for 2010.
The social objectives apply to 76 sites. This number is somewhat lower compared to the 2008 reporting (82 sites). This is the result of removing the sites that either left the group or were closed as well as removing some of the very small offices from the reporting scope. All 99 consolidated sites (including small sites) report the additional key performance indicators, such as training hours or voluntary leavers, using the Group social data management system. In addition, 28 non-consolidated sites report their headcount numbers.
In the graphs, the status is reported as a percentage of the total number of sites indicating respectively whether the objectives have been met, the actions are ongoing or have yet to start.
- “objective met”: all the requirements related to the objective are met
- “actions ongoing”: actions have been launched related to one of the targets
- “actions yet to start”: no specific actions have yet been taken on any of the elements related to the objective
The social objectives are also valid for the small sites (typically below 10 employees), although progress on the improvement plans is not formally reported.
In this section, more details are provided on the status of each social objective and additional key performance indicators.
The external report verifier (ERM CVS) reviewed the actions related to the objectives as part of its assurance of Umicore’s Sustainability performance included in this report.