DSM Integrated Annual Report 2020

GRI Index

General Disclosures

Organizational Profile

GRI 102: General Disclosures 2016

 

 

102-1

 

Name of the organization

 

Home page Integrated Annual Report

102-2

 

Activities, brands, products, and services

 

DSM at a glance
Solutions on the company website

102-3

 

Location of headquarters

 

DSM Location finder on the company website

102-4

 

Location of operations

 

DSM Location finder on the company website

102-5

 

Ownership and legal form

 

Corporate governance

102-6

 

Markets served

 

Profit
How we create value for our stakeholders

102-7

 

Scale of the organization

 

Home page Integrated Annual Report
Key data

102-8

 

Information on employees and other workers

 

Sustainability statements – People
DSM does not provide breakdowns by employment contract or employment type as it does not consider it material to do so.

102-9

 

Supply chain

 

Sustainability statements – Suppliers

102-10

 

Significant changes to the organization and its supply chain

 

Nutrition
Materials
Innovation

102-11

 

Precautionary Principle or approach

 

Planet
Taskforce on Climate-related Financial Disclosures (TCFD)
see also our Whistleblower policy on the company website

102-12

 

External initiatives

 

Collaborative platforms and networks
Stakeholder engagement

102-13

 

Membership of associations

 

Collaborative platforms and networks
Stakeholder engagement

Strategy

GRI 102: General Disclosures 2016

 

 

102-14

 

Statement from senior decision-maker

 

Co-CEO letter

102-15

 

Key impacts, risks, and opportunities

 

Co-CEO letter
How we create value for our stakeholders
Materiality
Risk management

Ethics and Integrity

GRI 102: General Disclosures 2016

 

 

102-16

 

Values, principles, standards, and norms of behavior

 

DSM Code of Business Conduct

102-17

 

Mechanisms for advice and concerns about ethics

 

DSM Code of Business Conduct

Governance

GRI 102: General Disclosures 2016

 

 

102-18

 

Governance structure

 

Corporate governance
Governance framework
Supervisory Board Report

102-19

 

Delegating authority

 

Corporate governance
Governance framework
Supervisory Board Report

102-20

 

Executive-level responsibility for economic, environmental, and social topics

 

Corporate governance
Governance framework
Supervisory Board Report

102-21

 

Consulting stakeholders on economic, environmental, and social topics

 

Stakeholders
People
Sustainability statements

102-22

 

Composition of the highest governance body and its committees

 

Governance framework
Supervisory Board Report
Supervisory Board and Managing Board Royal DSM

102-23

 

Chair of the highest governance body

 

Supervisory Board and Managing Board Royal DSM

102-24

 

Nominating and selecting the highest governance body

 

Supervisory Board Report
Supervisory Board and Managing Board Royal DSM

102-25

 

Conflicts of interest

 

Supervisory Board Report
Supervisory Board and Managing Board Royal DSM

102-26

 

Role of highest governance body in setting purpose, values, and strategy

 

Supervisory Board Report
Supervisory Board and Managing Board Royal DSM

102-27

 

Collective knowledge of highest governance body

 

Governance framework
Supervisory Board Report

102-28

 

Evaluating the highest governance body’s performance

 

Governance framework
Supervisory Board Report

102-29

 

Identifying and managing economic, environmental, and social impacts

 

Governance framework
Risk management
Supervisory Board Report

102-30

 

Effectiveness of risk management processes

 

Risk management
Report by the Supervisory Board
Sustainability Governance Framework

102-31

 

Review of economic, environmental, and social topics

 

Report by the Supervisory Board

102-32

 

Highest governance body’s role in sustainability reporting

 

Report by the Supervisory Board

102-33

 

Communicating critical concerns

 

DSM Code of Business Conduct

102-34

 

Nature and total number of critical concerns

 

DSM Code of Business Conduct

102-35

 

Remuneration policies

 

Remuneration of the Managing Board Koninklijke DSM N.V. 2020
Remuneration of the Supervisory Board Koninklijke DSM N.V. 2020

102-36

 

Process for determining remuneration

 

Remuneration of the Managing Board Koninklijke DSM N.V. 2020
Remuneration of the Supervisory Board Koninklijke DSM N.V. 2020

Stakeholder Engagement

GRI 102: General Disclosures 2016

 

 

102-37

 

Stakeholders’ involvement in remuneration

 

Corporate governance
General Meeting of Shareholders on the company website

102-38

 

Annual total compensation ratio

 

DSM publishes a pay ratio for the CEO and Managing Board only.
13 Remuneration of Managing Board and Supervisory Board

102-39

 

Percentage increase in annual total compensation ratio

 

13 Remuneration of Managing Board and Supervisory Board

102-40

 

List of stakeholder groups

 

Stakeholders

102-41

 

Collective bargaining agreements

 

DSM does not report this on a corporate level. In countries or businesses where employees have third-party representation via a works council or collective bargaining, DSM respects these relationships and works with these third parties in a mutually respectful manner.

102-42

 

Identifying and selecting stakeholders

 

Stakeholders

102-43

 

Approach to stakeholder engagement

 

Stakeholders

102-44

 

Key topics and concerns raised

 

Materiality
People
Planet

Reporting Practice

GRI 102: General Disclosures 2016

 

 

102-45

 

Entities included in the consolidated financial statements

 

Reporting policies

102-46

 

Defining report content and topic Boundaries

 

Reporting policies
Materiality
Management approach for material topics

102-47

 

List of material topics

 

Materiality
People
Planet
Management approach for material topics

102-48

 

Restatements of information

 

Reporting policies
Specific restatements will be specified in People and Planet as appropriate

102-49

 

Changes in reporting

 

Materiality
Reporting policies

102-50

 

Reporting period

 

Reporting policies

102-51

 

Date of most recent report

 

Reporting policies

102-52

 

Reporting cycle

 

Reporting policies

102-53

 

Contact point for questions regarding the report

 

Contact us on the company website

102-54

 

Claims of reporting in accordance with the GRI Standards

 

DSM Global Reporting Initiative (GRI) Standards table
Non-financial reporting policy

102-55

 

GRI content index

 

DSM Global Reporting Initiative (GRI) Standards table

102-56

 

External assurance

 

Financials and auditing
General Meeting of Shareholders on the company website
Independent auditor’s report
Assurance report of the independent auditor

Climate & Energy

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
SDG 7 and SDG 13 through Climate & Energy
Climate & Energy initiatives
Climate & Energy
Review of business

103-2

 

The management approach and its components

 

Materiality
SDG 7 and SDG 13 through Climate & Energy
Climate & Energy initiatives
Climate & Energy
Review of business

103-3

 

Evaluation of the management approach

 

Materiality
SDG 7 and SDG 13 through Climate & Energy
Climate & Energy initiatives
Climate & Energy
Review of business

 

 

 

 

 

GRI 201: Economic Performance 2016

 

 

201-2

 

Financial implications and other risks and opportunities due to climate change

 

Planet
Taskforce on Climate-related Financial Disclosures (TCFD)

 

 

 

 

 

GRI 302: Energy 2016

 

 

302-1

 

Energy consumption within the organization

 

Climate & Energy
Additional breakdowns on the company’s environmental footprint is published on the company website.

302-2

 

Energy consumption outside of the organization

 

Climate & Energy
Additional breakdowns on the company’s environmental footprint is published on the company website.

302-3

 

Energy intensity

 

Climate & Energy

302-4

 

Reduction of energy consumption

 

Climate & Energy

302-5

 

Reductions in energy requirements of products and services

 

DSM provides examples of reductions in energy requirements from products sold in 2019 in Avoided emissions based on LCA. The company currently does not calculate a total value for this.

 

 

 

 

 

GRI 305: Emissions 2016

 

 

305-1

 

Direct (Scope 1) GHG emissions

 

Climate & Energy

305-2

 

Energy indirect (Scope 2) GHG emissions

 

Climate & Energy

305-3

 

Other indirect (Scope 3) GHG emissions

 

Climate & Energy

305-4

 

GHG emissions intensity

 

Climate & Energy

305-5

 

Reduction of GHG emissions

 

Climate & Energy

305-6

 

Emissions of ozone-depleting substances (ODS)

 

DSM considers this indicator to be not material to the management of our material topics.

305-7

 

Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions

 

Climate & Energy

Resources & Circularity

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
SDG 12 through Resources & Circularity
Resources & Circularity initiatives
Resources & Circularity
Materials
Innovation Center

103-2

 

The management approach and its components

 

Materiality
SDG 12 through Resources & Circularity
Resources & Circularity initiatives
Resources & Circularity
Materials
Innovation Center

103-3

 

Evaluation of the management approach

 

Materiality
SDG 12 through Resources & Circularity
Resources & Circularity initiatives
Resources & Circularity
Materials
Innovation Center

 

 

 

 

 

GRI 301: Materials 2016

 

 

301-1

 

Materials used by weight or volume

 

Renewable & secondary raw materials
Materials
DSM reports only on percentage renewables by value. In DMS’s Materials cluster, additional sustainability aspirations have been announced, including end-of-life programs.

301-2

 

Recycled input materials used

 

This data is currently not available. DSM will investigate the materiality and measurability of this topic. Currently this topic has not been resolved yet.
For information on how DSM works with waste streams, see Recover waste streams on the company website

301-3

 

Reclaimed products and their packaging materials

 

This data is not available and currently not assessed as material for DSM. In general, the company’s businesses do not produce consumer end products and are not in a position to trace the reclamation of the final end products.

 

 

 

 

 

GRI 306: Effluents and Waste 2016

 

 

306-2

 

Waste by type and disposal method

 

Waste
Additional breakdowns on the company’s environmental footprint is published on the company website.

306-3

 

Significant spills

 

DSM has not recorded any significant spills – see also What still went wrong in 2020

306-4

 

Transport of hazardous waste

 

DSM does not import hazardous waste or use hazardous waste in its processes. All hazardous waste produced by DSM is transported to external sources for disposal.

Water Security

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Water security

103-2

 

The management approach and its components

 

Materiality
Water security

103-3

 

Evaluation of the management approach

 

Materiality
Water security

 

 

 

 

 

GRI 303: Water and Effluents 2018

 

 

303-1

 

Interactions with water as a shared resource

 

Water security
DSM further discloses on its water management and strategy via CDP

303-2

 

Management of water discharge-related impacts

 

Water security
DSM further discloses on its water management and strategy via CDP

303-3

 

Water withdrawal

 

Water security
DSM further discloses on its water management and strategy via CDP

303-4

 

Water discharge

 

Water security
DSM further discloses on its water management and strategy via CDP

303-5

 

Water consumption

 

Water security
DSM further discloses on its water management and strategy via CDP

 

 

 

 

 

GRI 306: Effluents and Waste 2016

 

 

306-1

 

Water discharge by quality and destination

 

Water security
DSM further discloses on its water management and strategy via CDP

306-5

 

Water bodies affected by water discharges and/or runoff

 

Water security
* DSM further discloses on its water management and strategy via CDP

Nature & biodiversity

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Nature & Biodiversity

103-2

 

Explanation of the material topic and its Boundary

 

Materiality
Nature & Biodiversity

103-3

 

Explanation of the material topic and its Boundary

 

Materiality
Nature & Biodiversity

 

 

 

 

 

GRI 304: Biodiversity 2016

 

 

304-1

 

Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

 

Nature & Biodiversity
DSM manages this topic at a local level and does not report details centrally.

304-2

 

Significant impacts of activities, products, and services on biodiversity

 

The percentage of DSM sites that have been identified as being located in or adjacent to high biodiversity value areas can be found in Nature & Biodiversity. Monitoring impact on these sites is managed at site level and is not reported at a corporate level.

304-3

 

Habitats protected or restored

 

The percentage of DSM sites that have been identified as being located in or adjacent to high biodiversity value areas can be found in Nature & Biodiversity. Monitoring impact on these sites is managed at site level and is not reported at a corporate level.

304-4

 

IUCN Red List species and national conservation list species with habitats in areas affected by operations

 

The percentage of DSM sites that have been identified as being located in or adjacent to high biodiversity value areas can be found in Nature & Biodiversity. Monitoring impact on these sites is managed at site level and is not reported at a corporate level.

Nutrition & Health

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
SDG 2 and SDG 3 through Nutrition & Health
Nutrition & Health initiatives
People
Nutrition

103-2

 

The management approach and its components

 

Materiality
SDG 2 and SDG 3 through Nutrition & Health
Nutrition & Health initiatives
People
Nutrition

103-3

 

Evaluation of the management approach

 

Materiality
SDG 2 and SDG 3 through Nutrition & Health
Nutrition & Health initiatives
People
Nutrition

 

 

 

 

 

GRI 203: Indirect Economic Impacts 2016

 

 

203-1

 

Infrastructure investments and services supported

 

Nutrition & Health initiatives
DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.

203-2

 

Significant indirect economic impacts

 

Nutrition & Health initiatives
DSM reports on partnerships and joint ventures, such as Africa Improved Foods, when they are considered relevant.

Occupational health & safety

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Focusing on our people through the pandemic
Nutrition

103-2

 

The management approach and its components

 

Materiality
Focusing on our people through the pandemic
Nutrition

103-3

 

Evaluation of the management approach

 

Materiality
Focusing on our people through the pandemic
Nutrition

 

 

 

 

 

GRI 403: Occupational Health and Safety 2018

 

 

403-1

 

Occupational health and safety management system

 

DSM implements a SHE-management system to manage risks related to Safety, Health and Environment.
Focusing on our people through the pandemic
Risk management

403-2

 

Hazard identification, risk assessment, and incident investigation

 

DSM does not publicly report on internal processes and does not consider it material to do so. See also What still went wrong in 2020
DSM Alert on the company website

403-3

 

Occupational health services

 

DSM manages occupational health services at local level. Examples of more general services are given in Safety, health & well-being

403-4

 

Worker participation, consultation, and communication on occupational health and safety

 

DSM does not publicly report on internal processes and does not consider it material to do so.

403-5

 

Worker training on occupational health and safety

 

Safety, health & well-being
Training on occupational health and safety is part of DSM’s value training program.
DSM Code of Business Conduct

403-6

 

Promotion of worker health

 

DSM manages worker health services at local level. Examples of more general services are given in Safety, health & well-being

403-7

 

Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

 

Safety, health & well-being
Planet
Product stewardship on the company website

403-8

 

Workers covered by an occupational health and safety management system

 

All DSM employees and contractors are covered by the DSM Code of Business Conduct and DSM’s Safety, Health and Environmental (SHE) policy.
DSM’s health and safety management system is internally audited by COA as part of its audit program.

403-9

 

Work-related injuries

 

Safety, health & well-being
What still went wrong in 2020

403-10

 

Work-related ill health

 

Safety, health & well-being
What still went wrong in 2020

Labor practices & human rights

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Sustainability statements – Suppliers
Human rights

103-2

 

The management approach and its components

 

Materiality
Sustainability statements – Suppliers
Human rights

103-3

 

Evaluation of the management approach

 

Materiality
Sustainability statements – Suppliers
Human rights

 

 

 

 

 

GRI 201: Economic Performance 2016

 

 

201-3

 

Defined benefit plan obligations and other retirement plans

 

24 Post-employment benefits

 

 

 

 

 

GRI 202: Market Presence 2016

 

 

202-1

 

Ratios of standard entry level wage by gender compared to local minimum wage

 

Human rights
DSM’s approach to wage levels is from a living wage and equal pay perspective

 

 

 

 

 

GRI 401: Employment 2016

 

 

401-1

 

New employee hires and employee turnover

 

Sustainability statements – People
DSM does not report on this indicator by gender or age group.

401-2

 

Benefits provided to full-time employees that are not provided to temporary or part-time employees

 

Benefits are managed at a local level. DSM does not compile this information on a corporate level as it does not consider this indicator at corporate level applicable for managing this topic. Benefits provided to employees are fully compliant with all applicable national laws

401-3

 

Parental leave

 

Actual rates are managed and monitored at local level. DSM does not consider this rate at a corporate level to be relevant to steer on this material topic.

 

 

 

 

 

GRI 402: Labor/Management Relations 2016

 

 

402-1

 

Minimum notice periods regarding operational changes

 

DSM complies with local legislation and requirements.

 

 

 

 

 

GRI 406: Non discrimination

 

 

406-1

 

Incidents of discrimination and corrective actions taken

 

Consequence management
DSM does not publicly provide specific details on the nature of violations of the code and Alert cases.

 

 

 

 

 

GRI 407: Freedom of Association and Collective Bargaining 2016

 

 

407-1

 

Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

 

DSM respects the role of works councils and collective bargaining, and works with these groups in the countries and regions where they are present.
See also the Code of Business Conduct on the company website

 

 

 

 

 

GRI 408: Child Labor 2016

 

 

408-1

 

Operations and suppliers at significant risk for incidents of child labor

 

DSM does not employ child labor. The Supplier Code of Conduct defines the requirements for suppliers, including child labor. In 2020, 95% of DSM’s supplier spend was covered by the Code.

 

 

 

 

 

GRI 409: Forced or Compulsory Labor 2016

 

 

409-1

 

Operations and suppliers at significant risk for incidents of forced or compulsory labor

 

DSM does not employ forced or compulsory labor. The Supplier Code of Conduct defines the requirements for suppliers, including forced or compulsory labor. In 2020, 95% of DSM’s supplier spend was covered by the Code.

 

 

 

 

 

GRI 412: Human Rights Assessment 2016

 

 

412-1

 

Operations that have been subject to human rights reviews or impact assessments

 

Human rights

412-2

 

Employee training on human rights policies or procedures

 

DSM Code of Business Conduct
Human rights is part of the DSM values training programs

412-3

 

Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening

 

Sustainability statements – Suppliers
Supplier Code of Conduct on the company website
DSM does not report specific details relating to human rights in investments and contracts.

Leadership & development

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Delivering on the six levers of our strategy
Preparing the future People & Organization strategy

103-2

 

The management approach and its components

 

Materiality
Delivering on the six levers of our strategy
Preparing the future People & Organization strategy

103-3

 

Evaluation of the management approach

 

Materiality
Delivering on the six levers of our strategy
Preparing the future People & Organization strategy

 

 

 

 

 

GRI 404: Training and Education 2016

 

 

404-1

 

Average hours of training per year per employee

 

Delivering on the six levers of our strategy
DSM does not report this KPI by gender or employee category. DSM does not steer organisational training by gender or employee category so considers these breakdowns not applicable.

404-2

 

Programs for upgrading employee skills and transition assistance programs

 

Delivering on the six levers of our strategy

404-3

 

Percentage of employees receiving regular performance and career development reviews

 

Delivering on the six levers of our strategy
All DSM employees receive regular performance and career development reviews, either digitally or on paper.

Internationalization & diversity

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Delivering on the six levers of our strategy
Preparing the future People & Organization strategy

103-2

 

The management approach and its components

 

Materiality
Delivering on the six levers of our strategy
Preparing the future People & Organization strategy

103-3

 

Evaluation of the management approach

 

Materiality
Delivering on the six levers of our strategy
Preparing the future People & Organization strategy

 

 

 

 

 

GRI 201: Economic Performance 2016

 

 

201-1

 

Direct economic value generated and distributed

 

Profit
4 Segment information

 

 

 

 

 

GRI 202: Market Presence 2016

 

 

202-2

 

Proportion of senior management hired from the local community

 

DSM focuses on ‘under-represented nationalities’ rather than local community as this is material to our diversity approach
Delivering on the six levers of our strategy
Sustainability statements – People

 

 

 

 

 

GRI 405: Diversity and Equal Opportunity 2016

 

 

405-1

 

Diversity of governance bodies and employees

 

Sustainability statements – People

405-2

 

Ratio of basic salary and remuneration of women to men

 

Human rights

Innovation

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Innovation

103-2

 

The management approach and its components

 

Materiality
Innovation

103-3

 

Evaluation of the management approach

 

Materiality
Innovation

Business ethics & transparency

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Sustainability statements – Suppliers
Delivering on the six levers of our strategy
DSM Code of Business Conduct
Reporting policies

103-2

 

The management approach and its components

 

Materiality
Sustainability statements – Suppliers
Delivering on the six levers of our strategy
DSM Code of Business Conduct
Reporting policies

103-3

 

Evaluation of the management approach

 

Materiality
Sustainability statements – Suppliers
Delivering on the six levers of our strategy
DSM Code of Business Conduct
Reporting policies

 

 

 

 

 

GRI 201: Economic Performance 2016

 

 

201-4

 

Financial assistance received from government

 

DSM considers this indicator to be not material to the management of our material topics.

 

 

 

 

 

GRI 205: Anti-corruption 2016

 

 

205-1

 

Operations assessed for risks related to corruption

 

DSM Code of Business Conduct
Risk management

205-2

 

Communication and training about anti-corruption policies and procedures

 

DSM Code of Business Conduct

205-3

 

Confirmed incidents of corruption and actions taken

 

DSM Code of Business Conduct

 

 

 

 

 

GRI 206: Anti-competitive Behavior 2016

 

 

206-1

 

Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

 

Consequence management
DSM does not publicly provide specific details on the nature of violations of the code and Alert cases.

 

 

 

 

 

GRI 207: Tax 2019

 

 

207-1

 

Approach to tax

 

Our approach to tax is disclosed in our Taxation position paper on the company website

207-2

 

Tax governance, control, and risk management

 

Our tax governance is disclosed in our Taxation position paper on the company website

207-3

 

Stakeholder engagement and management of concerns related to tax

 

Stakeholder engagement related to tax is disclosed in our Taxation position paper on the company website

207-4

 

Country-by-country reporting

 

The names and activities of our locations can be found in the DSM Location finder
We report employees at regional level only in Note 4 Segment information
Income tax paid is disclosed in the Taxation position paper by region, and by the top three countries per region. Other countries are not material to the income taxes paid, contributing less than 1% each to total income tax

 

 

 

 

 

GRI 307: Environmental Compliance 2016

 

 

307-1

 

Non-compliance with environmental laws and regulations

 

Sustainability statements – Planet

 

 

 

 

 

GRI 308: Supplier Environmental Assessment 2016

 

 

308-1

 

New suppliers that were screened using environmental criteria

 

Sustainability statements – Suppliers

308-2

 

Negative environmental impacts in the supply chain and actions taken

 

Sustainability statements – Suppliers

 

 

 

 

 

GRI 414: Supplier Social Assessment 2016

 

 

414-1

 

New suppliers that were screened using social criteria

 

Sustainability statements – Suppliers
Human rights

414-2

 

Negative social impacts in the supply chain and actions taken

 

Sustainability statements – Suppliers
DSM reports on the general results of its Sustainable Procurement Program. When suppliers do not meet expectations, an improvement plan is defined and executed. DSM does not report publicly on this.

 

 

 

 

 

GRI 418: Customer Privacy 2016

 

 

418-1

 

Substantiated complaints concerning breaches of customer privacy and losses of customer data

 

DSM has no recorded incidents of Customer Privacy breaches

 

 

 

 

 

GRI 419: Socioeconomic Compliance 2016

 

 

419-1

 

Non-compliance with laws and regulations in the social and economic area

 

Sustainability statements – Planet
Sustainability statements – Suppliers
What still went wrong in 2020

Geopolitical shifts & (trade) dynamics

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Risk management

103-2

 

The management approach and its components

 

Materiality
Risk management

103-3

 

Evaluation of the management approach

 

Materiality
Risk management

 

 

 

 

 

GRI 201: Economic Performance 2016

 

 

201-1

 

Direct economic value generated and distributed

 

Profit
4 Segment information

Advocacy, engagement & partnering

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Stakeholders
Stakeholder engagement
DSM Code of Business Conduct
Risk management

103-2

 

The management approach and its components

 

Materiality
Stakeholders
Stakeholder engagement
DSM Code of Business Conduct
Risk management

103-3

 

Evaluation of the management approach

 

Materiality
Stakeholders
Stakeholder engagement
DSM Code of Business Conduct
Risk management

 

 

 

 

 

GRI 415: Public Policy 2016

 

 

415-1

 

Political contributions

 

DSM does not make political donations
Stakeholders
See also the DSM Code of Business Conduct on the company website

 

 

 

 

 

GRI 417: Marketing and Labelling 2016

 

 

417-3

 

Incidents of non-compliance concerning marketing communications

 

DSM had no incidents of non-compliance

 

 

See also the General Disclosures

 

GRI 102: General Disclosures 2016
102-40
102-41
102-42
102-43
102-44

Cybersecurity

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Sustainability Governance Framework
DSM Code of Business Conduct

103-2

 

The management approach and its components

 

Materiality
Sustainability Governance Framework
DSM Code of Business Conduct

103-3

 

Evaluation of the management approach

 

Materiality
Sustainability Governance Framework
DSM Code of Business Conduct

Digital transformation

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Strategy
DSM Code of Business Conduct

103-2

 

The management approach and its components

 

Materiality
Strategy
DSM Code of Business Conduct

103-3

 

Evaluation of the management approach

 

Materiality
Strategy
DSM Code of Business Conduct

Product stewardship

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Product stewardship

103-2

 

The management approach and its components

 

Materiality
Product stewardship

103-3

 

Evaluation of the management approach

 

Materiality
Product stewardship

 

 

 

 

 

GRI 416: Customer Health and Safety 2016

 

 

416-1

 

Assessment of the health and safety impacts of product and service categories

 

Key data
Explanation of some concepts and ratios – Brighter Living Solutions
The Brighter Living Solutions program methodology addresses health and safety. DSM publicly reports only on the aggregated percentage of total sales.

416-2

 

Incidents of non-compliance concerning the health and safety impacts of products and services

 

Such incidents are managed on site/Group level. DSM does not currently collect this data on a corporate level.

 

 

 

 

 

GRI 417: Marketing and Labeling 2016

 

 

417-1

 

Requirements for product and service information and labeling

 

Requirements for product and service information and labeling are not managed or reported at DSM level.

417-2

 

Incidents of non-compliance concerning product and service information and labeling

 

Such incidents are managed on site/Group level. DSM does not currently collect this data on a corporate level.

Consumer behavior & activism

GRI 103: Management Approach 2016

 

 

103-1

 

Explanation of the material topic and its Boundary

 

Materiality
Innovation strategy
Innovation
Risk management

103-2

 

The management approach and its components

 

Materiality
Innovation strategy
Innovation
Risk management

103-3

 

Evaluation of the management approach

 

Materiality
Innovation strategy
Innovation
Risk management

Other GRI Standards

DSM reports only against those Standards that align to the company’s material topics. The Standards that do not align with the company’s material topics are:

 

GRI 204: Procurement Practices 2016

GRI 410: Security Practices 2016

GRI 411: Rights of Indigenous Peoples 2016

GRI 413: Local Communities 2016