Our Strategy, Business and ESG Targets
Strategy
Clariant aims to move toward top-quartile results in specialty chemicals in terms of growth, profitability, sustainability, and people. Based on its purpose, »Greater chemistry – between people and planet,« Clariant unveiled a purpose-led strategy with four dimensions, accompanied by new financial and non-financial targets. The strategy reflects Clariant’s ambition to create value with innovative chemistry and a sustainability focus, putting customers, employees, and the planet at the center of all activities.
Customer focus
We are shaping the future with our customers. Together with our customers we collaborate for meaningful impact.
Innovative chemistry
We are accelerating innovation.
Our innovative chemistry expands what is possible for the benefits of all.
Leading in sustainability
We are leading the transition toward sustainability. Our capabilities position our customers and us at the forefront of a sustainable world.
People engagement
We are building a culture of possibilities. Our shared passion, engaging and inclusive environment empower everyone to achieve greater outcomes.
Targets
Together with our new purpose-led strategy, we announced new financial and non-financial targets:
Medium-term financial targets 4-6 % sales growth p.a. 19-21 % EBITDA margin ≈ 40 % FCF conversion
Non-Financial targets 40 % Reduction in Scope 1&2 Emission by 2030 14 % Reduction in Scope, cat.1 mission by 2030 Top Quartile Employee Net Promoter Score (ENPS)
Business
As of January 2023, Clariant is organized in three business units
Care Chemicals
The Business Unit Care Chemicals has a clear focus on highly attractive, high-margin, and low-cyclicality segments with a large share of the business being consumer-facing in Consumer Care and Industrial Applications
Financials
Sales: CHF 2 320 million
EBITDA Margin: 19.9 %FY 2023
Segments:
- Personal & Home Care
- Crop Solutions
- Industrial Applications
- Base Chemicals
- Oil Services
- Mining Solutions
Catalysts
The Business Unit Catalysts contributes significantly to value creation in our customers’ operations, ensuring that finite raw materials and energy are used efficiently and, in turn, ensuring the quality and yield of processes.
Financials
Sales: CHF 1 000 million
EBITDA Margin: 10.3 %FY 2023
Segments:
- Propylene
- Specialties
- Syngas & Fuels
- Ethylene
- Biofuels & Derivatives
- Applied Catalyst Technology
Adsorbents & Additives
The Business Unit Adsorbents & Additives creates value through enhanced sustainability benefits, for example by enabling material circularity and by reducing customers’ dependency on fossil resources to reduce CO2 emissions.
The Adsorbents business is primarily divided into the EMEA, APAC and Americas regions, with local representatives for Purification, Foundry & Specialties, and Cargo & Device Protection.
Financials
Sales: CHF 1 057 million
EBITDA Margin: 11.2 %FY2023
Segments:
- Adsorbents Purification
- Adsorbents Foundry & Specialties
- Adsorbents Cargo & Device Protection
- Additives Coatings & Adhesives
- Additives Polymer Solutions
Environmental, Social und Governance (ESG)
The Clariant shares are attractive for investors focusing on companies with a strong ESG performance. Several leading ESG rating agencies consider Clariant best in class within the chemical industry. Their ratings particularly recognize the company’s innovation power for sustainable products, Clariant’s business ethics, and the comprehensive measures in place to address relevant sustainability issues. Clariant actively participates in several ESG ratings and is ranked in numerous sustainability indices.
Clariant is a member of the Dow Jones Sustainability Index (DJSI) and is recognized as one of the most sustainable companies in its sector. DJSI evaluates the sustainability performance of companies and is a key reference and benchmark for investors and companies.
Clariant is included in the FTSE4Good-Index, which is designed to measure the performance of companies demonstrating strong environmental, social and governance practices. The FTSE4Good Index Series was created in 2001 by the Financial Times and the London Stock Exchange in response to the increasing focus on corporate social responsibility by investors seeking to measure the social, environmental and ethical performance of the companies.
Since 2007 Clariant has actively participated in the Carbon Disclosure Project (CDP) climate, water and supply chain reporting programs. The CDP publishes the Greenhouse Gases (GHG) of the world's largest corporations.
Clariant is one of the 120 most advanced companies in Europe, which is reflected in its listing in Euronext Vigeo Europe 120 Index. The index distinguishes companies achieving the most advanced Environmental, Social and Governance performances.
Clariant was reconfirmed as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe in September 2017 and the Ethibel Excellence Investment Register in March 2018. This selection by Forum ETHIBEL (www.forumethibel.org) indicates that the company performs better than average in its sector in terms of Corporate Social Responsibility (CSR).
In 2014 Clariant was included in the newly established SXI Switzerland Sustainability 25 Index. The index contains the shares of the 25 most sustainable large companies of Swiss Market Index Expanded. Regularly reviewed by Sustainalytics, the index reflects performance in the areas Environment, Social and Governance.
Clariant's sustainability performance is reevaluated regularly by EcoVadis. This widely-recognized third party on-line assessment focuses on four key areas: environment, labor practices, fair business practices, and sustainable procurement. EcoVadis is the partner for evaluation and improvement of supplier sustainability performance selected by Together for Sustainability (TfS), the chemical industry sustainability initiative for supply chain. Clariant ranks among the top EcoVadis performers in its sector and across industries.
