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About This Report
Corporate Report 2020
The Corporate Report for 2020 encompasses the annual and sustainability reports. 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, which also contains information on corporate governance, and the Consolidated Financial Statements (condensed version), 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 report for 2020 updates the content that was published in the 2019 Corporate Report (published on March 20, 2020). At the same time, it serves as the annual Communication on Progress of Global Compact.
The Reporting Period
All financial and human-resource information in the Group Management Report and the Consolidated Financial Statements for 2020, as well as the environmental key performance indicators and 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 reporting 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 315 e of the German Commercial Code (HGB). As in the previous years, this 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_2020.
This Corporate Report complies with the “Comprehensive” option of the Global Reporting Initiative (GRI). It is also based on the framework of the International Integrated Reporting Council (IIRC). For the first time, the accident indicators WAI 1, WAI 2, and WAI 3, as well as the energy indicators, including greenhouse gas emissions, are presented in the Group Management Report and were therefore part of the audit carried out by an independent auditing company. These and other sustainability indicators can be found in detail online at www.altana.com/facts_figures_sustainability_2020.
Details on the selection of relevant reporting content in accordance with the GRI standards and on the definition of the sustainability topics important for the ALTANA Group and its stakeholders can be found in the following section. A detailed list of all criteria in accordance with the GRI standards on which ALTANA provides information is available online at www.altana.com/facts_figures_sustainability_2020. This report is available in German and English.