List of abbreviations

ADR
American Depositary Receipts
AFM
The Dutch Authority for the Financial Markets
API
Active Pharmaceutical Ingredients
APM
Alternative performance measures
BRA
Business Risk Assessment
CDP
The new name for the Carbon Disclosure Project
CEFIC
Conseil Européen des Fédérations de l'Industrie Chimique (European Chemical Industry Council)
CGU
Cash Generating Unit
COA
Corporate Operational Audit department
CoBC
Code of Business Conduct
COD
Chemical Oxygen Demand
CPLC
Carbon Pricing Leadership Coalition
CRA
Corporate Risk Assessment
CRP
Corporate Research Program
CSD
Corporate Strategy Dialogue
CSR
Corporate Social Responsibility
DHA
Docosahexaenoic acid
DNP
DSM Nutritional Products
DSGC
Dutch Sustainable Growth Coalition
DSP
DSM Sinochem Pharmaceuticals
EBA
Emerging Business Area
EBIT
Earnings before interest and taxes (Operating Profit)
EBITDA
Earnings before interest, taxes, depreciation and amortization
EEI
Energy Efficiency Improvement
EPA
Eicosapentaenoic Acid
EPS
Earnings per share
FIFO
First in, first out
FTE
Full-time equivalent
FX
Foreign exchange
GHG
Greenhouse gas
GHGE
Greenhouse-gas emissions
GMM
Genetically Modified Micro-organisms
GRI
Global Reporting Initiative
IAS
International Accounting Standards
IASB
International Accounting Standards Board
IFRIC
International Financial Reporting Interpretation Committee
IFRS
International Financial Reporting Standards
ILO
International Labour Organization
IP
Intellectual Property
IPO
Initial Public Offering
LCA
Life Cycle Assessment
LoR
Letter of Representation
LTI
Long-Term Incentive
LWC
Lost Workday Case
NGO
Non-Governmental Organization
NPS
Net Promoter Score
OCI
Other Comprehensive Income
OECD
Organisation for Economic Co-operation and Development
OEM
Original Equipment Manufacturer
PA
Polyamide
PDN
Stichting Pensioenfonds DSM Nederland
PPA
Purchase Price Allocation
PRA
Process Risk Assessment
PSI
Process Safety Incident
PV
Photovoltaic
R&D
Research & Development
REACH
Registration, Evaluation, Authorization and Restriction of Chemicals
ROCE
Return on Capital Employed
SAR
Share Appreciation Rights
SDG
Sustainable Development Goal
SHE
Safety, Health and Environment
SPF
Sun Protection Factor
SSP
Supplier Sustainability Program
STI
Short-Term Incentive
SUN
Scaling Up Nutrition Movement
TCFD
Taskforce for Climate-related Financial Disclosures
TDC
Total Direct Compensation
TSR
Total Shareholder Return
UN
United Nations
UNGC
United Nations Global Compact
VOC
Volatile Organic Compound
WBCSD
World Business Council for Sustainable Development
WEF
World Economic Forum
WFP
United Nations World Food Programme