About This Report
Integrated Annual and Sustainability Report 2016
With this report on the 2016 fiscal year, ALTANA is presenting an integrated annual and sustainability report for the first time. With it, the ALTANA Group informs the public, its employees and business partners, as well as public authorities, nongovernmental organizations, and all other interested parties about the Group’s development in economic, ecological, and social respects. In addition to the Group Management Report and the Consolidated Financial Statements (condensed version), as well as information on the Group’s corporate governance, this report contains a description of ALTANA’s understanding of sustainable management and the progress the Group has made in implementing it in the past fiscal year. As a result, this integrated report 2016 updates the content that was published in the 2015 Annual Report (published on March 17, 2016) and the 2015 Sustainability Report (published on June 30, 2016). At the same time, it serves as annual Communication on Progress (COP) on ALTANA’s implementation of the principles of the United Nations Global Compact Initiative.
The Reporting Period
The facts and key performance indicators included in this report are based on different reporting periods.
As in the previous year, all financial and human resource information in the 2016 Group Management Report and the Consolidated Financial Statements refers to the period from January 1 to December 31.
The reporting period for the environmental key performance indicators changed. They are based on values that were collected between July 1, 2015, and June 30, 2016 (previous year: October 1, 2014 to September 30, 2015). As in the previous year, the data on occupational health and safety refer to the period from January 1 to December 31.
In terms of the Group Management Report and the Consolidated Financial Statements, the report adheres to the specifications of the International Financial Reporting Standards (IFRS) as adopted by the EU and the additional requirements of German commercial law pursuant to section 315a of the German Commercial Code (HGB). As in the previous years, this procedure was audited and confirmed by an independent auditor. The complete Consolidated Financial Statements including the Notes to the Consolidated Financial Statements are available online at www.altana.com/consolidated_ financial_statements_2016.
In addition, this report is based on the G4 guidelines of the Global Reporting Initiative (GRI) in the “Comprehensive” option. The report is also based on the International Integrated Reporting Council’s (IIRC) reporting framework. In 2016, ALTANA did not have the key performance indicators for the G4 specifications tested by an independent auditor. Detailed information is available online at www.altana.com/sustainability_performance_indicators_2016.
Information on the selection of content relevant to GRI G4 and regarding the definition of sustainability issues important for the ALTANA Group and its stakeholders can be found in the “Sustainability Management” section. A detailed list of all GRI G4 criteria that ALTANA provides information about is available online at www.altana.com/gri_index_2016.
This report is available in German and English.