Corporate Responsibility
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Corporate Responsibility Report 2006

Company Performance

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This report was published in July 2006. See our previous reports.

Performance versus objectives in 2006

Company
  • Create awareness of Corporate Responsibility throughout the company
  • Redesign the framework for implementing company values and Principles
  • Ensure compliance of management population with rules for Integrity
  • Ensure a robust link between corporate and local governance structures

Economic
  • Satisfy shareholder expectations through financial and non-financial performance
  • Create economic value for stakeholders
  • Create the conditions for sustainable innovation

Social
  • Support the company in adapting to its surrounding dynamic context
  • Ensure dynamic career progression, life long learning and employability to meet employee and company needs
  • Ensure employee empowerment and engagement
  • Ensure diversity and equal opportunities
  • Proceed to deeper integration of Human Rights issues in and beyond ST
  • Engage proactively with local community and society to create mutual value

Health & Safety
  • Ensure a safe and healthy workplace
  • Contribute to employee health beyond the workplace

Environment
  • Maintain top class management systems for environment
  • Continuously improve our eco-footprint according to our Decalogue targets
  • Contribute to company efficiency and financial performance
  • Progressively achieve carbon neutrality
  • Anticipate and respond to customer and legislative requirements for the environment

Product
Responsibility
  • Comply with our Principles and values to develop responsible products that contribute to Society
  • Proactively comply with environmental regulations and customer requests when managing chemical products and material declaration
  • Continuously reinforce our product and process quality
  • Focus on designing eco-efficiency products

Supply chain
  • Continuously aim to satisfy and exceed our customers’ Corporate Responsibility requirements
  • Actively contribute to the EICC initiative by complying with industry standards in our own operations and supporting our suppliers and subcontractors in reaching compliance
  • Achieve efficient and beneficial partnerships with our suppliers and subcontractors

You will find further details on these objectives in each specific section of the report in the performance overview part.
Each objective is detailed in sub-level objectives with the results and level of performance achieved.