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Our materiality analysis targets resources to the most important issues. In 2018, we used evidence to determine our priorities for the next five years.

The refresh built upon our past approach, exploring stakeholder needs, major trends, benchmarks, and business impacts. We considered economic, social, and environmental dimensions and global reporting guidelines.

The materiality priorities enable us to focus on the most relevant issues. Internal engagement was crucial to develop new metrics to drive progress.

Our path to approved step-change targets was enabled by our Sustainability Council and Sustainability Steering Committee. Both bodies approved the protocols and targets for assurance readiness.

STEP-CHANGE TARGETS

Resource Efficiency

Dimensions
  • Target
  • Base year
  • Target year
Target Base year Target year
Energy intensity (GJ/t sales) 25% reduction by 2025 2010 2025
Material loss intensity (t/t sales) 50% reduction by 2025 2010 2025
Absolute waste reduction Lower as a percentage 2010 2025
Flaring 65% reduction 2019 2025
Water intensity (m3/t sales) 25% reduction 2010 2025

Climate Change

Dimensions
  • Target
  • Base year
  • Target year
Target Base year Target year
Green-house gas intensity (tCO2/t sales) 25% reduction 2010 2025
Renewable energy 4 GW installed capacity (12 GW by 2030) 2010 2025

Circular Economy

Dimensions
  • Target
  • Base year
  • Target year
Target Base year Target year
Sales (kt) 200 kt circular 2019 2025

EHSS/Product Stewardship

Dimensions
  • Target
  • Base year
  • Target year
Target Base year Target year
Fatalities Zero every year 2010 2025

Governance & Integrity

Dimensions
  • Target
  • Base year
  • Target year
Target Base year Target year
Employee integrity Annual improvement 2017 2026

2019 MATERIALITY RESULTS

The results reflect climate change and the circular economy. The resulting key performance indicators target renewable energy, circular plastics, and waste and flaring. They will drive progress through measurable results.

Materiality changes for 2019 SUSTAINABILITY REPORT

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