All businesses have appointed a sustainability manager or focal point to

All businesses have appointed a sustainability

This preview shows page 203 - 204 out of 266 pages.

All businesses have appointed a sustainability manager, or focal point, to support the embedding of sustainability throughout their operations. They bring together an appropriate team to develop and implement the sustainability agenda for the business. Focal points work together at Business Area level to accelerate performance improvements; they also exchange best practices and identify opportunities for further development at company level. Each function in the value chain has identified focus areas for sustainability. Functional management teams, such as Procurement, Supply Chain and RD&I, are in place to support the implementation of the functional strategy, including the sustainability elements. These management teams include corporate and business representatives. Foundation elements – safety, product stewardship, employee engagement/talent management and environmental – are managed by the management processes in the Human Resources and Health, Safety and Environment functions. The Compliance framework and the management structure for integrity and compliance aspects are detailed in the Governance and compliance section under Compliance and integrity management. Management processes AkzoNobel uses a range of methods to manage sustainability performance. The management of each Business Area has identified sustainability priorities in line with the company strategy and market drivers, and developed a dashboard – with KPIs and targets – which is used to monitor progress. Some improvement programs and activities are managed at Business Area level to improve effectiveness. For cross-business activities, each function in the value chain has identified focus areas for sustainability, with targets where appropriate. Specific challenges are reported in the Strategic performance and Business performance sections. Where there are specific sustainability risks or issues of concern to stakeholders, we develop a company position and an improvement plan owned by a subject matter expert. Goals and targets AkzoNobel has three strategic sustainability KPIs and company level targets for strategic and foundation elements. The business dashboards reflect the main sustainability drivers for that business and the contribution to company targets. Common processes We include material sustainability issues in our company, business and functional processes: strategy and planning; risk management and internal control; compliance; the Operational Control Cycle; as well as in our internal audit and external assurance processes. These are reported in other sections of this Report 2015 (see Strategic performance and Governance and compliance). Foundation elements: global standards and programs Global functions oversee the foundation elements of our sustainability agenda: health and safety; environmental protection; product stewardship; employee engagement/ talent development; and compliance; including social and labor aspects. They set global standards and processes
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