Business Growth and Profitability
For Clariant, business growth refers to growth in production, services, and revenue. Profitable growth is the basis for the generation of economic value for shareholders, employees, customers, suppliers, local communities, and other stakeholders.
On the Capital Markets Day in November 2021, Clariant introduced its new purpose-led strategyPurpose-led strategyClariant aims to move toward top-quartile results in specialty chemicals in terms of growth, profitability, sustainability, and people. Based on its new purpose, »Greater chemistry – between people and planet« Clariant unveiled a new purpose-led strategy with four dimensions, accompanied by new financial and non-financial targets. The strategy reflects Clariant’s ambition to create value with innovative chemistry and a sustainability focus, putting customers, employees, and the planet at the center of all activities. – »Greater chemistry – between people and planet« – based on customer focus, innovative chemistry, leading in sustainability, and people engagement. The company also outlined new medium-term targets that result in value creation. These financial and non-financial targets reflect Clariant’s ambition to achieve top-quartile results in specialty chemicals in terms of growth, profitability, sustainability, and people.
Although business growth and profitability are a shared responsibility between all management functions, Clariant’s Board of Directors defines the overall direction. It has delegated the executive management of this strategy to the Executive CommitteeExecutive CommitteeManagement body of joint stock companies; at Clariant the Executive Committee currently comprises four members., which consists of the Chief Executive Officer, the Chief Financial Officer, the Chief Operating Officer, and the Chief Transformation Officer. The Executive CommitteeExecutive CommitteeManagement body of joint stock companies; at Clariant the Executive Committee currently comprises four members. is responsible for implementing, monitoring, and improving the financial and operational management strategy. Clariant’s Strategic Management ProcessStrategic Management ProcessClariant’s Strategic Management Process (SMP) is conducted by the business units in collaboration with Corporate Planning & Strategy. The SMP ensures that Group-level as well as businessunit-level strategy development is an iterative process that addresses the relevant megatrends observed by Clariant. (SMP) ensures that each business unit executes the corporate strategy.
Please consult the Business Report for in-depth information on Clariant’s targets for growth and profitability. A Purpose-Led Strategy
Please consult the Business Report for in-depth information on how Clariant’s three Business Areas contribute to the company’s growth and profitability. Value Creation in the 2021 Financial Year
Please consult the Financial Report for in-depth information on 2021 sales and earnings figures. Financial Report
Please consult the Compensation Report for in-depth information on incentives for Clariant’s management to achieve the corporate targets. Compensation Report