Businesses like ours, face ever-increasing demands from consumers, politicians, regulators, investors, and others to create societal value that goes far beyond simply producing products, employing staff, and rewarding shareholders. They are called upon to address societal challenges, reduce inequalities, and contribute to the communities in which they operate. As a result, businesses are increasingly trusted to play their part in resolving the issues faced by the society they are a part of. As a leader in our industry, we embrace this shift. We are committed to leveraging innovative processes, the green transition and associated technologies to tackle some of the region’s most pressing challenges.

Understanding the impact of our actions is integral to our strategic thinking. We see this as essential not only for our continued success as a business but also to ensure we positively impact society. We review our material topics through a detailed assessment every three years to identify which Environmental, Social, and Governance (ESG) topics are most important to our internal and external stakeholders. These assessments help us understand how our ESG impacts are perceived along our value chain and how they translate into both opportunities and risks for our company today and in the future. Materiality assessments also help us build trust with key stakeholders by facilitating a dialogue that ensures their views and priorities are considered and reflected in our strategy.