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ESG Ratings & disclosure

Umicore adopts concrete targets, codes of conduct, and conventions on environmental, social, and governance levels, aligning ourselves with the most ambitious and comprehensive tools and frameworks for sustainable development.

Umicore supports  SDGs through innovative products and practices that minimize negative impacts, protect the environment, promote social progress and support economic growth.

Umicore/SDG's

Umicore supports the ten Principles of the United Nations Global Compact on Human Rights, labor, environment and anti-corruption. 

Umicore | UN Global Compact

 Umicore fully supports the United Nations Universal Declaration of Human Rights and commits itself to respect all International Labour Organisation (ILO) core labor standards. Umicore|ILO

Umicore has reported in accordance with the GRI Standards for the 2022 calendar year.

GRI/SASB index

Umicore has joined BACA. This is a national platform for organizations that are serious about their climate ambitions and have chosen or are willing to choose the path towards Science-Based Targets (SBTs).

Umicore/BACA 

Umicore supports the Task Force on Climate-Related Financial Disclosures (TCFD) and will pursue SBTi validation of its Net Zero GHG approach. 

Umicore/TCFD Index 2022

Umicore is a member of ISIT,which brings together companies, organizations and individuals to exchange knowledge and best practices around reducing environmental and societal footprint through sustainable information technologies.The Sustainable IT Charter

Umicore is a member of the CEO-led community committed to raising bold climate ambition and accelerating the net zero transition by setting science-based targets, disclosing emissions and catalysing decarbonization and partnerships across global value chains. 

Umicore/Alliance of CEO Climate Leaders

The SBTi validated Umicore’s near-term 2030 targets to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% compared to the 2019 baseline, and target to reduce its Scope 3 by 42% of CO2 emitted per ton of its purchased materials.

Umicore/SBTi

 Umicore has obtained the 2022 Terra Carta Seal. 
The Terra Carta Seal, launched at COP26 by His Majesty King Charles III when he was Prince of Wales, recognises global companies which are driving innovation and demonstrating their commitment to, and momentum towards, the creation of genuinely sustainable markets.  Umicore/Terra Carta

Umicore commits to achieving 100% renewable electricity by 2040 across our global operations and has joined the RE100. The RE100 is a global corporate renewable electricity initiative led by the Climate Group and the CDP with a mission to accelerate change towards zero carbon electricity grids globally by 2040.

Umicore/RE100

In addition, Umicore is included in several ratings and indexes. Below is an overview of the 2022-2023 results: 

ESG downloads

Integrated Annual report 2022

Responsible Sourcing downloads

  • Umicore Global Sustainable Sourcing Policy

  • Umicore responsible global supply chain of minerals from conflict affected and high risk areas

  • Umicore sustainable procurement framework for cobalt

  • Umicore sustainable procurement framework for nickel

  • Umicore sustainable procurement framework for lithium