Sustainability strategy
2030
Our sustainability strategy contributes to the achievement of the Sustainable Development Goals included in the United Nations 2030 Agenda At ELIX Polymers we have identified the priority SDGs towards which we can contribute the most.
The Sustainable Development Goals (SDGs) establish the global sustainable development goals to end poverty, protect the planet and ensure prosperity for the whole world. Businesses have also been called to action.
Key SDGs for ELIX Polymers
Ensure healthy lives and
Ensure availability and
Promote inclusive and
Ensure sustainable
Take urgent action
promote well-being for
sustainable management
sustainable economic
consumption and
to combat climate
all at all ages: minimize
of water and sanitation
growth, employment
production patterns: help
change and its impacts:
the negative effects
for all: innovative
and decent work for all
improve the quality and
create resilience and
of our products on the
water distribution,
Safe production and
efficiency of production
adaptability for the
health of people.
management and
management of chemical
processes in all
sector and its supply
efficiency solutions.
products and application
industries.
chain.
of labour standards.
Relevant SDGs for ELIX Polymers and the sector
Support the participation,
Ensure access to
Build resilient
Conserve and sustainably
Improve operational
contribution and success
affordable, reliable,
infrastructure,
use the oceans, seas
management and expand
of women throughout the
sustainable and modern
promote sustainable
and marine resources.
support for projects
industry.
energy for production,
industrialization and
Establish partnerships
to halt environmental
promote the storage of
foster innovation and
throughout the value
degradation and protect
renewable energy and
resilience. Establish
chain to reduce marine
the most vulnerable
the development of
frameworks that promote
pollution of all kinds.
ecosystems.
infrastructure of this type.
industrial symbiosis.
ELIX Polymers Sustainability Strategy 2030
Our Sustainability Strategy is designed to achieve the four main aims of the sustainable vision of ELIX Polymers based on four strategic pillars and their operational objectives.
Our sustainable vision
To improve the overall sustainability of our company and reduce our potential impacts, in 2020 we defined the ELIX Polymers long-term Sustainability Strategy.
Reduce our ecological footprint to a minimum
Adopt ethical values
Lead the transition to a circular economy
Continue developing our human capital
Strategic pillars
SP1.
SP2.
SP3.
SP4.
economy system for
to adapting to and
business model and a
loss of biodiversity
plastics
mitigating climate
positive contribution to
change
the social well-being of
Promote a circular
Firmly committed
Key SDGs
6
12
Ensure an ethical
people throughout our
13
17
Key SDGs
3
13
value chain
17
Key SDGs
12
Key SDGs
3
Operational objectives
Contribute to mitigate the
8
17
Promote circularity as
Reduce our greenhouse
Contribute to generating
Reinforce responsible
part of a new plastics
gas emissions by 15%
a positive social impact to
innovation as a means of
economy, promoting the
(compared to 2017) to
reduce social inequalities
offering more sustainable
recovery of plastic waste
reinforce and expand our
throughout our value
solutions that reduce
as a raw material and
climate change mitigation
chain and retain talent.
the consumption of raw
integrating renewable
programmes.
sources.
materials and substances Satisfy social demands
of very high concern.
Analyse the risks of
for transparency, ethics
Improve energy efficiency
climate change for
and good governance as
Compensate the loss of
and reduce water
our company and our
a means of improving our
biodiversity.
consumption.
business.
reputation and that of the chemical sector. Promote an inclusive business model.
Our strategy affects our entire value chain, from the extraction of raw materials to the final consumer and focuses particularly on our local environment.
ELIX Polymers 2020-2025 Sustainability Action Plan
Circular plastics In the circular economy, waste is a resource and collaboration is a means. Through strategies for the recovery of ABS or other by-products, increased
To fully implement our strategy, we have established seven programmes that make up the first ELIX Polymers 20202025 Sustainability Action Plan, the objective of which is to fulfil our strategic pillars and their operational objectives.
recirculation and the establishment of partnerships throughout our value chain, at ELIX Polymers we want to become a key player in the circular plastics industry, capable of creating closed cycles and new business models.
ASPIRATIONAL OBJECTIVE Ensure that 25% of the products used in our
These seven programmes, though independent of each other, are closely related and must be addressed from a collaborative perspective. For each programme we have set one or more aspirational objectives, as well as specific objectives and corresponding lines of action.
solutions offer a sustainable advantage by 2025. NOTE: What do we mean by sustainable advantage? The inclusion of higher mechanical/chemical recycling and/ or renewable content in our products, or a reduction in the intensity of the material and therefore an improvement of our environmental footprint.
Responsible innovation
Climate care
Sustainable supply chain
At ELIX Polymers we will continue to design a portfolio
At ELIX Polymers we have taken a step forward in our
The social and environmental impact of ELIX Polymers
of more sustainable products in accordance with the high
commitment to tackling climate change, harnessing
takes place throughout our supply chain. That is why we
standards of the industry. We will increase the amount of
the potential of already implemented energy efficiency
will develop a responsible purchasing policy that takes
recycled material in our products and their recyclability,
and waste management programmes and adopting
into account human rights violations and environmental
and we will also reduce substances of concern.
renewable energy technologies and circular economy
and social impacts throughout the supply chain.
and carbon offsetting strategies to reduce our GHG
ASPIRATIONAL OBJECTIVES
emissions from 2017 to 2025 by at least 15%. We will also
ASPIRATIONAL OBJECTIVE
assess our main climate change risks to avoid economic Ensure that 100% of our products are recyclable
losses and major disruptions.
and free of substances of high concern.
Assess 80% of our suppliers on their environmental and social performance in 2025.
ASPIRATIONAL OBJECTIVES Invest in R&D and technology, by implementing projects that improve circularity and sustainable
Reduce our environmental footprint by 15%
products.
(CO2 and fresh water). Eliminate pellet losses in our operations. Reduce our vulnerability to climate change.
NOTE: This objective refers to suppliers that involve recurrent costs of over €250K.
Employee development
Governance and ethics
Support for the local community
Forecasts suggest that there will be a shortage of
There is an increasing demand worldwide for greater
Businesses with a positive impact have a better
qualified young people, a growing demand for positive
transparency and ethics in business. The chemical sector,
reputation and are more attractive to work for.
impact companies and gender equality. At ELIX Polymers
in general, has a poor reputation. At ELIX Polymers we
The positive impact of companies is expected to go
we continue to strive to offer good working and living
will develop an organizational framework based on
beyond their own interests and to benefit neighbouring
conditions to our employees. To achieve this, we will
quality, a code of ethics, and we will engage with our
communities and ultimately the entire value chain. At
reinforce our training, education and awareness as a
employees and the local community.
ELIX Polymers we will work to reduce income inequality,
means of attracting talented young people and women.
ensure good health and restore local ecosystems to
ASPIRATIONAL OBJECTIVE ASPIRATIONAL OBJECTIVES
become an inclusive business that contributes to society as a whole.
Develop and disseminate our Code of Ethics. Create a safe workplace in an environment of
ASPIRATIONAL OBJECTIVE
well-being. Become recognized for our positive contribution to Obtain a good score in our employee satisfaction index. Eliminate the wage gap between men and women for the same position. Increase the presence of women in operational and management areas.
local communities and ecosystems.
Implementation of the ELIX Polymers 2020-2025 Sustainability Action Plan
Our Action Plan will be gradually deployed over the next 4 years through three operational areas of action.
Each of the multidisciplinary teams will be responsible for the implementation and monitoring of their programmes and will have as support of two cross-cutting programmes (strategic enablers) related to the communication of the entire sustainability strategy and the digitalization of processes and operations.
E-LOOP
SUSTAINABLE OPERATIONS
SOCIAL RESPONSIBILITY
Circular plastics
Climate care
Employee development
Responsible innovation
Sustainable supply chain
Governance and ethics Support for the local community
Digitalization
Communication on sustainability
Strategic enablers
E.I.
Ensure the good reputation of ELIX Polymers through communication
This involves two programmes - communication on sustainability and inclusion of digitalization tools - that contribute in a cross-cutting manner to achieving the operational objectives and strategic pillars and that are integrated through capillarity within the whole company.
Establish and communicate clear commitments to environmental protection and carbon neutrality.
Explain to shareholders, customers and all stakeholders the positive impact and actions taken at ELIX Polymers.
Attract sustainable financing.
E.II.
Use digitalization as a support programme
Use digital technology to achieve transparency and traceability.
Promote the circular economy using digital technologies.
Improve efficiency in operations and logistics.