- A
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Additive
A substance added to products in small quantities to achieve certain properties or to improve a product (Clariant Business Unit Additives).
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Adsorbents
Usually solid substances which are able to selectively accumulate certain substances from adjacent gaseous or liquid phases (Clariant Business Unit Functional Minerals).
- B
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Business area
In 2013 Clariant adjusted its reporting segments and grouped its businesses with similar end-user markets and growth drivers. Today, the company reports in four distinct Business Areas: Care Chemicals, Catalysis, Natural Resources, and Plastics & Coatings.
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Business unit
Clariant’s seven Business Units include: Additives; Catalysts; Functional Minerals; Industrial & Consumer Specialties; Oil & Mining Services; Pigments.
- C
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Clariant excellence (CLNX)
Clariant Excellence is an initiative launched in March 2009 with the aim of establishing a culture of continuous improvement. The initiative is based on a change in mindset among all employees and at all levels of the company. It aims to improve competitiveness through gains in efficiency and to create added value. The four elements of Clariant Excellence are: Operational, Commercial, People, and Innovation Excellence.
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CO2
Carbon Dioxide
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CO2 equivalent
CO2 equivalent is a parameter describing the effect of greenhouse gas emissions. A factor known as the global warming potential (GWP) shows the effect of the individual gases compared with CO2 as the reference value.
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Compliance
Compliance is a key element of Corporate Governance. It refers to compliance with the law and directives as well as with voluntary codes within the company.
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Contractor
In the context of the workforce, an (independent) contractor refers to a person not employed directly by Clariant who performs services under contract for Clariant in its premises. In this case Clariant takes responsibility for general safety of the working environment.
- E
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ESH
Environment, Safety & Health
- F
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Full time / Part time / FTE
Full time / Part time status has been derived from FTE per employee as follows: >/= 0.90 FTE has been defined as full time employment, < 0.90 FTE as part time
- G
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Global product strategy (GPS)
The Global Product Strategy aims to establish global product stewardship standards and practices for companies. The program, initiated by the International Council of Chemical Associations (ICCA), strives to ensure the safe handling of chemicals by reducing existing differences in risk assessment.
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GRI
Global Reporting Initiative
- I
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ISO
International Organization for Standardization
- L
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Lost work days
Lost days in which an employee is absent from work due to a work-related injury or illness. They do not include: 1. the initial day of injury or illness, 2. any days on which the employee would not have worked even though able to work (i. e. holidays, weekends with no scheduled work, etc.).
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LTA
Lost Time Accidents
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LTAR
Lost Time Accident Rate (the ratio of the number of occupational accidents where at least one day’s work was lost to every 200 000 hours of work)
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LWDR
LWDR = Lost Workday Rate (the ratio of the number of days lost due to accidents at work to every 200 000 hours of work)
- M
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Masterbatches
These are plastic additives in the form of granules with dyestuffs or other additives used to dye or alter the properties of natural plastic.
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Materiality matrix
Presentation of relevance of pertinent topics for Clariant’s stakeholders and the company itself.
- P
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Pigment
Pigments are substances used for coloring; they are used in a technical manner, for example in the manufacture of dyes, varnishes, and plastics (Clariant Business Unit Pigments).
- R
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R&D
Research & Development
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REACH
REACH is an E.U. regulatory framework for the registration, evaluation and authorization of chemicals.
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Responsible care®
Responsible Care® refers to a worldwide initiative by the chemical industry to continuously improve its performance in the fields of environmental protection, health and safety.
- S
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SQAS
The SQAS safety and quality evaluation system is a norm of the European Chemical Industry Council (CEFIC) to ensure safety and environmental compatibility of logistics providers.
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Stakeholder
Stakeholders are people or groups whose interests are linked in various ways with those of a company. They include shareholders, business partners, employees, neighbors, and the community.
- U
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UNGC
UN Global Compact is a voluntary United Nations initiative, under which companies commit to ensuring that their business activities and strategies are in line with 10 principles relating to human rights, labor standards, environmental protection, and the fight against corruption.