Publication of the annual report 2020
Rising to the challenges
“Despite the severe disruption brought on by the COVID-19 pandemic, Umicore posted its strongest financial performance ever in 2020. This reflects the merits of our strategy as well as a stellar performance in Recycling, which was boosted by an exceptional price environment in platinum group metals, and the resilience of our business operations overall. It also reflects the agility and engagement of our teams to adapt to challenging conditions and keep serving our customers with diligence. The pandemic outbreak in 2020 brought sudden challenges to our living and working environment. Our priority was immediately the wellbeing of our employees and the communities in which we operate. We would like to thank Umicore employees for their spirit, solidarity and strength during the pandemic.” Marc Grynberg, CEO.
Umicore today published its 2020 Integrated Annual Report. The report offers a comprehensive and integrated view of Umicore’s economic, financial, environmental, value chain and social performance for 2020. It provides insight on Umicore’s successful delivery of its Horizon 2020 strategy and on Umicore’s response to COVID-19.
The Umicore Integrated Annual Report is in accordance with the GRI Standards: Core option. The report continues to focus on the elements that drive Umicore’s business and dives further into innovation, Umicore’s sustainable products and services, as well as the value Umicore brings to society. The report also illustrates how Umicore’s Horizon 2020 objectives contributed to the United Nations Sustainable Development Goals.
The 2020 report marks Umicore’s first report in its transition to “digital first” communication: the entirety of the report will be browsable online in all three languages of publication (Dutch, English and French) at annualreport.umicore.com, where stories behind the key events of the year are also available. This report also marks Umicore’s first European Single Electronic Format (ESEF) iXBRL filing of its financial statements.