Sustainability is a core element in our corporate claim “Power to create.” Our products and solutions are used in many areas that help to improve people’s lives and minimize the use of scarce resources.
Transparency in sustainability reporting Transparent and open reporting of our sustainability activities is important to us. The information channels provided for this include our “Responsibility” website, which was redesigned in 2017, our extensive Sustainability Report, and, for the first time, a separate non-financial report. In addition, we are rated by prestigious rating agencies: Evonik is positioned among the leaders in the chemical industry in significant sustainability ratings and is included in major sustainability-oriented index families. We received many accolades for our sustainability activities and sustainability reporting in 2017. That recognition is an additional incentive for us to extend our commitment to sustainability.
We are therefore increasingly focusing our innovation pipeline on products for applications that make efficient use of resources. Our market-oriented R&D plays a key role in improving the ecological footprint of our customers still further and differentiating us from our competitors.
Inclusion in sustainability indexes
Our commitment to even more innovations that make a contribution to sustainable development is underpinned by inclusion for the first time in the renowned Dow Jones Sustainability Index (DSJI) World, and the DSJI Europe in fall 2016. Evonik achieved particularly high scores on all environmentally related criteria. Products singled out in this context were CALOSTAT® (an insulating material based on silicon dioxide), SEPURAN® Noble (highly selective membranes for efficient extraction of helium from natural gas and process gases), and VISCOPLEX® 12-199 (an oil additive that improves the viscosity index and reduces fuel consumption).
German Sustainability Award 2016
Evonik’s innovative capability is also shown by the German Sustainability Award 2016 in the research category, which went to a Creavis project. In collaboration with Process Technology, Creavis developed a new production process for thermoelectric generators (TEGs) to utilize exhaust heat. The process reduces production costs by up to 70 percent. TEGs can help improve fuel economy in vehicles by enhancing the efficiency of alternators. In the steel, aluminum and glass industries TEGs can harvest heat radiated by semi-finished products and exhaust gas systems.