Sustainable Development Goals
Umicore supports the United Nations Sustainable Development Goals (SDGs) through innovative products and practices that minimize negative impacts, protect the environment, promote social progress and support economic growth.
Umicore also supports the ten Principles of the United Nations Global Compact on Human Rights, labor, environment and anti-corruption. We are committed to integrating these principles in the strategy, culture and day-to-day operations of our company - and to engaging in collaborative projects which advance the Sustainable Development Goals.
Detailed analysis conducted in 2021
To gain more insights about our contribution to the SDGs, we assessed 169 targets of the 17 United Nations’ SDGs according to the following dimensions:
Potential contribution: This indicates if Umicore’s contribution is direct or indirect in achieving an SDG target. A direct contribution is defined as an actual or potential contribution through Umicore’s operations, core business, way of doing business, or investments. An indirect contribution is an actual or potential contribution through Umicore’s indirect activities throughout the value chain.
Sense of contribution: This dimension indicates if Umicore is ‘enhancing its positive contribution’ or ‘minimizing its negative impact’ to achieve an SDG target.
Level of contribution: This dimension indicates if Umicore has a low, medium, or high contribution to the world through the SDG target.