Our path to leadership
Futureproof is the framework through which we will deliver our strategic goal of sustainability leadership. Building on our progress to date, we are starting on the journey of our five-year strategy.
Our ambition is to radically advance our environmental and social performance so our company, customers and employees thrive now and in the future. And we won’t rest until sustainability is at the heart of how we do business.
This means staying a step ahead so we better serve our customers, build trusted partnerships across our value chain, drive efficiencies in our operations and manufacturing and ensure equal opportunities for employees.
We are ready to accelerate
Guided by our values, we are ready to make bold decisions as we move forward on our path to leadership.
Our journey is both a marathon and a sprint and we will accelerate progress on many fronts. Our goals are the bedrock on which we will continue to build and evolve, pushing our own performance standards forward at pace. Our framework reflects our ambition to shape the future.
We will focus our efforts and commitments where we can have the biggest impact:
- Performance
- Products
- People
- Partners
On Performance…
On Products…
We are futureproofing our solutions to help our customers achieve their sustainability ambitions and advance both our and our customers’ competitive position.
Customers increasingly expect their suppliers to help them deliver on their own sustainability commitments. Hempel products already help customers make their ships more efficient, keep buildings cooler, potentially save lives through increased fire safety and extend the lifetime of their assets.
We will constantly evolve our offer and build new value propositions for customers; pioneering new ways to combine services, technology and products to deliver transformative solutions that support customers’ sustainability goals.
On People…
We are futureproofing our culture by setting ever higher standards on safety, fairness, inclusivity and healthier working practices.
Safety will remain our number one priority. We will foster a safety culture to safeguard the health of employees and the partners we work with.
We will invest in programmes that improve the health and wellness of our employees and enrich the experience of working at Hempel. We want to make Hempel not only a great place to work but also an example of how inclusivity and diversity, fairness and respect leads to better business performance and broader benefits to society.
And on Partners…
We are futureproofing our value chain through open and positive partnerships.
We can’t achieve sustainability leadership in a bubble. We need to work in collaboration with our suppliers just as much as with our customers, raising standards, inspiring breakthrough innovation and challenging traditional practices.
We will actively seek new opportunities to partner with expert and influential organisations who can support our commitments.
Wiring sustainability into decision-making and our business
Our sustainability framework is an integrated part of the Hempel corporate strategy 2021-2025. Progress on the goals and associated projects are integral to the monthly strategy progress reporting with our Executive Management Board (EMB).
Sustainability will be wired into key decision-making processes, such as M&A and other investment decisions. We will also make sustainability an even stronger part of our overall KPI structure and embed our performance into incentives and bonus programs. Further strategic development is led by Group Sustainability and Government Affairs in collaboration with functions, regions and segments.
