By drawing on various tangible and intangible, financial and nonfinancial resources, Clariant creates value for its stakeholders. Six different forms of capital – financial, intellectual, manufactured, human, relationship, and natural – all factor into the company’s business performance, its support of societal needs, and its commitment to environmental stewardship. Each form of capital feeds into one of Clariant’s brand values:
Clariant combines financial, intellectual, and manufactured capital into the brand value of Performance. In addition to financial performance, progress is measured regarding the most material topics of Innovation and Technological Advances, Digitalization, Product Stewardship/Sustainable Chemistry, as well as procurement, and production.
Human and relationship capital fall under the brand value of People. Employee-related topics, including the most material topics of Talent Attraction and Development, Employee Engagement, and Occupational Health, Safety, and Well-being, are grouped under human capital. Topics regarding customers, policy-makers, suppliers, and society at large are considered as relationship capital.
Clariant reports on natural capital as part of its brand value of Planet. This reporting includes Clariant’s progress on its ambitious environmental targets and the most material topic of Circular Economy. In addition, it covers topics related to environmental stewardship, such as safeguarding resources and mitigating climate change.
Manufactured physical objects such as buildings, equipment, and products. These can include objects that are available to the company for use in the production of goods or the provision of services, or that the company produces for sale to customers or for its own use. View entire glossary
Key relationships including those with significant groups of stakeholders and other networks. This can include shared values, the trust and willingness to engage that the company has developed, and related intangibles associated with its brand and reputation. View entire glossary
The company’s staff and its composition, competencies, capabilities, experience, and motivation to innovate. This can include employees’ alignment with corporate values and their ability to understand and implement the company’s strategy. View entire glossary
Renewable and nonrenewable environmental resources and processes that support the past, current, or future prosperity of the company or are affected by it. Examples can include resources related to air, water, and land that are utilized or impacted for example by emissions. View entire glossary