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In 2012, we shifted our
sustainability reporting to the web to offer effective and efficient
content for our stakeholders. Historically, a standalone report
communicated our achievements. To archive our achievements, performance
and opportunities for 2011, Cytec is pleased to offer our
2011
Sustainability Highlights.
Cytec continues to support the Global Reporting Initiative (GRI) eff orts
to standardize non-financial reporting efforts. We will continue to
track achievements to align to GRI with a goal to fulfill “Level C”
requirements.
Performance goals and metrics
We are pleased with our accomplishments in 2011, and will address all
opportunities to further our achievements in Sustainability. Our
objective for 2012 is to continue improving against our 2011
performance. Previously, we reported our results annually. With the new
format, we will provide interim updates on our progress through 2012.
Sustainability goals
Cytec has established Sustainability goals and metrics, which run
through 2012. These goals are reported publicly and include greenhouse
gas (GHG), energy and waste. In addition, Cytec reports annual water and
air emissions for our United States (US) manufacturing sites to the
American Chemistry Council.
Cytec is currently establishing a new set of mid- and long-term goals
for Sustainability. We are evaluating: energy and GHG, waste, water, air
emissions and products in terms of manufacturing impact and customer
benefits, and community outreach. We will continue to report progress on
establishing our new benchmarks.
materiality assessement
A core part of Cytec’s Sustainability strategy is a focus on three
areas:
- Innovative and Sustainable Products
– As a chemical company, Cytec has a special
responsibility to produce products and services that are
safe, environmentally sound, and increasingly less toxic
and more energy-efficient.
- Safety, Health and Environmental Stewardship
& Operational Excellence – Driving safety,
health and environmental excellence in our operations
has long been a core value of Cytec and is our first
priority. We continually take action to reduce our
environmental footprint. Our continuous improvement
culture naturally aligns with our sustainability
efforts, with energy and waste reduction, operational
efficiencies and employee engagement activities which
provide value to Cytec.
- Responsibility to our Stakeholders
– Cytec has a long history of focusing on the safety and
health of our workforce and, through our membership in
Responsible Care®, our communities. We
understand our responsibility to our key stakeholders,
including our employees, customers, shareholders and
communities.
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