We believe in creating a culture where the workplace is a home away from home.
Where together, we dream, aspire, create and celebrate a better everyday life for ourselves, our customers and society.
Sustainability has been an integral element of success for IVL. We recognize that we have to demonstrate our willingness to develop and deliver on a sustainable strategy as moving towards a sustainable economy creates many opportunities. Our sustainability strategy fully supports the vision of becoming a world-class chemical company making great products for society and is in line with business strategy and direction.
IVL Corporate Sustainability Strategy
Our sustainability strategy demonstrates our commitment to the three most important areas for the company, Planet, People and Prosperity, which achieve our vision to be a world-class chemical company making great products for society.
Our goal is to ensure economic prosperity and sustainability to all our stakeholders. We measure our success not just by economic gains but by our achievements in preserving the environment, thereby benefiting the society. IVL undertook several initiatives in 2018 that are in-line with our commitment to increase our focus on the long-term sustainability of the Company through recycling, lowering our carbon footprint, increasing use of renewable energy, and developing human capital.
Sustainability Strategic Areas and Expected Outcomes
Sustainability Steering Committee
The SRM Committee is supported by the Sustainability Steering Committee, formed in 2014, which consists of 14 senior executives of the Company, each of whom have diverse experiences across different functions and businesses and who bring together considerable subject matter expertise. The Sustainability Steering Committee advances the objectives of sustainability and implements the sustainability practices across all IVL entities.
Sustainability Area Champions
In 2015, the Sustainability and Risk Management Committee nominated champions for each area of sustainability as mentioned in the governing structure for sustainability and risk management. The champions, with their leadership abilities, vast expertise and industry knowledge will drive efficiencies throughout the organization by implementing new initiatives or modifying existing practices in-line with industry best practices. Through this structure, the Committee is ensuring the development of a sustainability culture into the Company’s corporate DNA and day-to-day operations.