In 2016 we published our first separate sustainability report covering the years 2013-2015 and drawn up in accordance with the GRI G4 guidelines, a comprehensive framework known globally for its credibility, consistency and comparability and now the de facto standard for sustainability reporting. This first report provided insight in our sustainability journey, the strategy itself and the six material aspects, key performance indicators and targets to measure progress.
In September 2017, the EU Directive 2014/95/EU as regards disclosure of non-financial and diversity information by certain large undertakings was transposed into Belgian national law. The Directive recommends using internationally-recognized frameworks and standards to prepare and publish sustainability reports.
Our second sustainability report was drawn up in accordance with the Global Reporting Initiative (GRI) Standard guidelines, Core. It was published in 2018, covered the period 2016-2017 and provided transparency on progress against our 2020 targets. Limited external assurance was performed on the seven KPI's covering the six material aspects.
The reporting over 2018, 2019 and 2020 was prepared using the recommendations of the GRI Standard guidelines, Core. We integrated the reporting on non-financial information such as environmental, social, human rights, anti-bribery and anti-corruption topics in our annual reports, and provided transparency on progress against our 2020 targets.
On 30 June 2020, Recticel divested its Automotive business line and Eurofoam joint venture. As a result, on 31 December 2020, 40 fully-ownedRecticel subsidiaries employing 4,194 people in 19 countries were in scope; joint ventures and Automotive being excluded.
Please see pages 98 - 124 in our Annual Report, which is available for download:
All our reports